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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: arun gera who wrote (34483)5/6/2008 12:10:30 AM
From: RJA_  Read Replies (1) | Respond to of 217752
 
>>The daughter/daughter in-law gets to keep her jewelery and pass it down the generations to younger females. The option to sell is rarely exercised.

So, Arun, the gold purchased during the Indian wedding season is mostly jewelery for the bride?

And is this mainly gifts?

From the husband?

From others?

Does the basis for this custom have anything to do with its use as a store of value (as opposed to currency) or religious significance, or is it just the most appropriate gift (historical custom)?

Is this behavior limited to certain religions, regions, or economic strata?

As this appears to be an important support for the world wide gold market, anything you can add here would be welcome.

Thanks!

RJA