Mythology 17 Aug 2017
Gold has been part of human civilisation since time immemorial. So strong is our affinity for gold that it’s made its way into mythology and religion. According to Christianity, heaven has golden streets . Indian mythology and religious texts too make numerous mentions of gold, especially in the Ramayana.
Even more fascinating, however, is that gold is believed to have played a role in the creation of the world.
Hindus follow the Trimurti:
Brahma, Vishnu and Shiva
The creator. The protector. The destroyer.
But there’s one thread that connects all three gods with the universe: gold.Gold in scriptures
Hindu religion has various sacred texts such as Vedas, Upanishads, Puranas, the epics (The Ramayana, Mahabharata, Bhagavad Gita) and various others: Laws of Manu, the Satapatha Brahmana, and the Grihya Sutra.
There are four vedas: Rigveda, Samaveda, Yajurveda, Atharvaveda. The Rigveda suggests that Brahma created our world. Here’s what the scriptures say:
Even Gods and Goddesses are often described as having golden hues, and of course there are the numerous golden chariots peppered in Indian mythology. Dressed in golden apparel, idols in temples have golden haloes to epitomise God’s power and knowledge, amongst the devotees.
In fact, gold has several interesting connotations in almost all major religions. Click here to know what they are.
It is an investment fund dealing in bonds, commodities etc. and gets traded on the stock market like normal stocks. A gold-backed ETF is an exchange-traded fund (ETF) that aims to track the domestic physical gold price. Gold-backed ETFs are financial instruments comprised of units backed by physical gold which may be in paper or dematerialised form. One gold-backed ETF unit is typically backed by 1 gram of physical gold.
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