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Function: DB

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Last resort: Indians are selling gold as Covid deepens financial pain - GKPro News Breaking

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Last resort: Indians are selling gold as Covid deepens financial pain

Paul Fernandes, a 50-year-old waiter in India, last year took out a loan using his gold as collateral to pay for his children’s education after losing his job on a cruise liner. This year, he is selling his gold jewelry to meet expenses, after failed attempts at starting a home business and finding another job.

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Jul 13, 2021 - 02:34

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Paul Fernandes, a 50-year-old waiter in India, last year took out a loan using his gold as collateral to pay for his children’s education after losing his job on a cruise liner. This year, he is selling his gold jewelry to meet expenses, after failed attempts at starting a home business and finding another job.