Description
Gold in India: Commodity, Culture, and Economic Circuits provides an in-depth exploration of gold’s profound importance in Indian society across multiple dimensions. The authors examine gold not merely as a commodity in economic markets, but as a culturally embedded element deeply woven into Indian traditions, religious practices, and social structures.
Through rigorous analysis, Chakrabarti and Harriss-White trace the complex circuits through which gold flows in the Indian economy, from mining and refining to jewelry production, investment, and consumption. The book investigates how gold functions within formal and informal economic systems, its role in household savings and wealth accumulation, and its significance in monetary policy.
By combining economic analysis with cultural anthropology, this work reveals how gold simultaneously operates as a financial asset, cultural marker, and symbol of prosperity. It offers valuable insights into understanding India’s unique relationship with gold and its broader implications for economic development and social practices.
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