70pc of Indians view gold as safe asset that boosts savings, survey finds

Seven out of 10 (70 per cent) Indians consider gold as a safe asset that positively influences their savings habits, a survey report said.

According to the Moneyview survey, “over 85 per cent of the 3,000 respondents consider gold a valuable asset for wealth preservation, with its intrinsic value and historical performance continuing to drive consumer



confidence”.

The survey further said that investors particularly in the age group of 25-40 years, invest in gold via both the physical and digital way, as part of their regular financial strategy to build wealth for retirement and other long-term goals.

“70 per cent of respondents reported that their perception of gold as a safe asset positively influences their savings habits,” the survey said.