"Indian Housewives Are Smartest Investors": Gold Council Boss Sachin Jain Explains Why

Sachin Jain, Regional CEO of the World Gold Council, on Friday praised the Indian homemakers, calling them some of the smartest investors in the world and said that over the centuries, Indian women have not only accumulated small amounts of gold for personal adornment and family wealth but, in doing so, have also contributed to the nation's economic strength.

"A housewife can be easily awarded as the smartest investor in the world because through the millennia, through the lifetime of an Indian housewife, collecting small values and volumes of gold, she's not just bought adornment and wealth in the family, she's created wealth for our nation and that's fundamentally true," Jain said while addressing the NDTV World Summit on 'The Timeless Hedge: Gold in the Age of Flux.'