Gold prices in India have recently crossed the Rs 1 lakh per 10 grams mark, prompting Uday Kotak to commend Indian housewives for their wise investment choices in gold. The chairman of Kotak Mahindra Bank lauded the women for their prudent long-term investment approach, considering the current global economic volatility and heightened geopolitical tensions. These factors have propelled gold prices to unprecedented levels, not only in the domestic market but also on the international front. Indian housewives’ preference for gold as a means of storing value has proven to be a shrewd financial move in these uncertain times.