Chrysophilists are people who have King Midas as their guardian angel or kuladevata. He has recently been in a benign mood. The price of gold came down a few days ago, after reaching record highs in October.
Market-watchers say, if you have weddings in the family, this is the time to buy (unless prices have soared by the time you get to read this). Time, tide and gold prices wait for none, and there's no imp like Rumpelstiltskin who would make gold from your straw.
No imp, but a Donald Trump did the trick-gold prices fell in the days after Trump was elected. Not that the cowboy POTUS-elect had hit on pots of Apache gold. It was just that his election kindled investors' faith in the stock market and in the US dollar, and they began selling some of their gold to buy stocks. Gold gets dearer when stocks fall and vice versa.
Denne historien er fra December 01, 2024-utgaven av THE WEEK India.
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Denne historien er fra December 01, 2024-utgaven av THE WEEK India.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Forging the future
As the curtain falls on 2024, I take pride in the extraordinary milestones achieved under the leadership of Prime Minister Narendra Modi. This year stands as a testament to the Modi government's resolve to forge a resilient and forward-looking Bharat. From groundbreaking advancements in infrastructure to visionary global initiatives, these efforts resonate deeply with the vision of Viksit Bharat.
Our strange democracy
Abraham Lincoln is lauded as among the very best presidents the US ever had: the statesman par excellence successfully steered the nation through the devastating and perilous years of the American civil war. Not only did Lincoln manage to keep his country united, he also ensured the passage of the 13th amendment to the US constitution, which abolished slavery.
Five years of post-pandemic fashion
It has been five years since we discovered what Covid-19 was, and five years since it disrupted the world forever. The World Health Organization activated their emergency systems on January 1, 2020, and informed the world by January 4, 2020. By the end of that week, they had set guidelines for various countries to follow. Comparable to the Spanish flu of 1918, more than 7 million people have died of Covid according to official data. Unofficially, no one has an idea. WHO has just this week asked China to provide critical data to understand the virus's origins as a “moral and scientific imperative”.
Community spirit
Rhythm of Dammam opens a window to the world of African-origin Siddis of Uttara Kannada
'Breaking' down a scandal
Society Girl is not just a case study of a high-profile death in Pakistan but also a stark commentary on media trials
Progress card
Jasmine Shah's book tells you what the AAP has achieved in Delhi in the last 10 years
SENSE IN NONSENSE
In his latest book of poetry, Ruskin Bond is at his funniest
Get ready for Trump bump
The ‘butterfly effect’ is a beautiful, mysterious metaphor of the planet’s interconnectedness.
QUIET FLOWS THE FAITH
The melding of an ancient amorphous faith and the latest science; of an antique tradition and new practices; ways of life older than memory and new expressions is happening at Prayagraj in Uttar Pradesh.
Trash to treasure
How a weed-choked Dal Lake spurred Maninder Singh's journey to become a waste management visionary
