The price of 24K gold in India was Rs 12,889 per gram on Wednesday. (Photo source: Pixabay) Show Quick Read Summary is AI Generated. Newsroom Reviewed
In an insight into the scale of hidden wealth in India, a social media user shared a post on X revealing how a Marwari businessman wanted to liquidate 5 kg gold and 200 kg silver to invest in real estate.
The post from the handle @realhyderabad86 on Tuesday shared how a real estate agent had approached him with a proposal on behalf of a Marwari businessman.
“Spoke to a real estate agent today, he was scouting a deal for a Marwari businessman. The client is liquidating 5 kg of gold and 200 kg of silver to invest in real estate,” the post read.
When the user learned that the deal involved cash, he declined to participate. “These guys