‘Bought 150 sovereigns gold jewellery from X jewelers; of course there is the rest I have bought over the years’. She said it oh-so-casually but the sense of pride was quite obvious in her voice. The mother is a former colleague of mine and she had come to the Bank for taking in/out the said gold.
My Sunday chores had to take a break so that I could attend the marriage today. The daughter, whom I have known since her birth stood on the stage, all bedecked in heavy gold jewelry and silk sari.
The price of gold is skyrocketing, giving sleepless nights to parents of marriageable daughters. P says, ‘Ooph, thank God we don’t have a girl! What would’ve we done?’ I retort sharply, ‘We would never do this, that’s what. If we had money saved up, we would give it to her, that’s all.’
Looking at the closed circuit TV which was showing the final moments of the marriage (the hall was so crowded and the photographers had closed around the couple like vultures denying us any possible view of the ceremony), I muse on gold.
Gold – just a worthless metal- you can’t boil a glass of water in a gold kettle (or can I? I haven’t tried!) and the whole bloody world is obsessed with it. The newspapers break out with headlines on the soaring price – it is Rs.15,000/- plus for a sovereign of gold; i.e., 8 gms.! Go to any small town in Kerala; the largest number of shops will be the jewellery shops. In the cities, massive showrooms come up every day – exclusively gold jewellery shops – of course, there are the alternatives of Platinum and Diamonds for the really rich. And how much of the 15000/- is for the gold? Most of it is swallowed by the shop wallahs who wouldn’t even give a proper bill for the purchases.
Who can really afford to buy gold? Only the filthily rich – and the middle class aspiring to be filthily rich and would go to any extent of corruption and greed to achieve that! The poor – they drown in their filth…
Why don’t we all say NO! to gold? I am sure that will bring down the prices of everything else too. I bought big onions today –Rs.40/- per k.g! I can afford to, but think of the millions who eat dinners of Roti and pyaaj?
Say NO! to gold –and say it loud.