A Historical–Behavioral SummaryIndia’s relationship with gold has been remarkably consistent in preference, but highly variable in capacity.1. Civilizational Preference (Constant)For centuries, India has treated gold as:A store of wealthA symbol of security and statusA culturally embedded asset (weddings, inheritance, rituals) This preference has never materially weakened, regardless of economic conditions.2. Pre-colonial Phase: Natural AccumulatorStrong trade… Continue reading