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Why Indians Buy Gold—It's NOT Because of Inflation | Economist Prasenjit K. Basu | #PLF2026

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Why do Indians keep buying gold—even when inflation is relatively low? In this clip from PLF Conversations, economist Prasenjit K. Basu explains why India's gold demand is different from most countries. While gold is typically bought worldwide as a hedge against inflation, Basu argues that India's recent inflation has remained comparatively low. Instead, he believes India's demand for gold is driven more by cultural preferences and long-standing investment habits than by fears of rising prices. Topics Covered: - Why Indians buy gold - Gold vs inflation - India's inflation rate - Gold investment in India - Indian economy - Inflation explained - Personal finance #Gold #IndiaEconomy #Inflation #PrasenjitBasu #GoldInvestment #IndianEconomy #Finance #PLFConversations #PersonalFinance #Economics

Added 28 Jul 2026

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Why Indians Buy Gold—It's NOT Because of Inflation | Economist Prasenjit K. Basu | #PLF2026 — MarketVault