The Impact Of The Covid-19 Pandemic On Gold _ What Lies In The Future - Aura Jewels
Gold is considered as one of the best and safest means of investment, giving better returns compared to any other asset. This is one of the main reasons why almost every Indian wants to invest their money in gold, may it be gold jewellery, gold coins, or gold bars. In fact, gold is so admired by all that it is shopped for on every big occasion like Diwali, Akshaya Tritiya, anniversaries, and weddings. Has the pandemic affected the gold industry? Just like everything else, even gold has been intensely hit by the Covid-19 pandemic ! With the financial crisis that everyone is facing, the number of people shopping for gold regularly has significantly gone down. This is why the gold industry is also facing a downside. Only those who really need some new gold pieces are shopping for the precious metal; and in times of the pandemic, it seems like only those who have a wedding are walking into gold stores to make a purchase. The reason behind this is that with the limitations on