These people are the most intelligent fund managers in the world, Uday Kotak’s praise, Vambu also said- Brother, it was last updated: April 23, 2025, 23:30 ist Uday Kotak called Indian Housewives “Smart Fund Managers”, which avoids financial volatility by investing in gold. The price of gold in Delhi reached Rs 99,800 per 10 grams. Sridhar Vambu of Zoho also praised Kotak … Read more Uday Kotak praised the Indian Hauwives. Highlights Uday Kotak called Indian Housewives Smart Fund Managers. The price of gold in Delhi reached Rs 99,800 per 10 grams. Sridhar Vembu supported Uday Kotak’s views. New -delhi. Uday Kotak, founder of Kotak Mahindra Bank, shared an interesting approach to the Gold (Gold) investment of Indian Housewives (gold) through a post. She said that Indian Housewives ‘is the smartest fund managers in the world’ because she always considers gold as a safe investment. Uday Kotak also said that the performance of gold proves that Indian housewives make the right decisions by investing in gold for a long time, which protects them from economic instability and volatility. This belief of Indians versus gold becomes stronger. Gold prices in India are currently at record height. Recently, the price of 24 carat gold in Delhi Rs 99.800 per 10 grams has reached. After adding GST and making costs to it, the total price of gold crossed one lakh calls. Especially during Akshaya Tritiya, which is on April 30, demand for gold in India is expected to increase further. Also Read Pahalgam Attack: Business of 3000 Crores was sacrificed, the only land trade route of Pakistan was a major cause of rising gold prices in Attari gold prices. Recently, after criticizing the chairman of the Federal Reserve Jerome Powell in the US, gold prices have risen. The comments of US President Donald Trump have increased the negative spirit of the market, and this has led investors to seek a safe investment. In response, gold prices have touched new heights in global markets. Even in India, gold is considered a safe investment, which is a way to prevent world crises and political instability. Sridhar Vembu’s statement supported Uday Kotak’s views, Sridhar Vambu’s co-founder Sridhar Vambu said: “I totally agree with Uday Kotak-Ji. Indians doubts about gold and paper properties towards gold, the basis of our long-term stability and cultural continuity.” He also said that gold is actually equal to money, and “gold is the real money. The poorest Indian knows that too and it is knowledge power.” Is Gold Boom permanent? Asked for permanent gold rush, experts believe that this increase in gold prices may be temporary, but the confidence of Indians to gold will remain longer. The importance of gold in India is in the form of prevention of economic instability, and is seen as a stable and safe property. However, gold prices are still declining from time to time, but it remains a stable option for the investor. Location: New -delhi, Delhi First published: April 23, 2025, 23:30 IST Homebusiness Uday Kotak said, what the world’s most intelligent fund managers are
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