Harsh Goenka reveals what his wife’s gold is worth today — and a lesson for those who prefer phones and cars

As gold prices continue to surge amid global economic uncertainty, industrialist Harsh Goenka has shared a personal anecdote that underscores the long-term value of gold compared to depreciating assets like cars and phones.

Taking to X (formerly Twitter), Goenka recounted a conversation with his wife that highlighted gold's impressive appreciation over the past decade.

“10 years ago, I bought a car for ₹8 lakh. She bought gold for ₹8 lakh. Today, the car is worth ₹1.5 lakh. Her gold is worth ₹32 lakh,” he wrote.


The RPG Group Chairperson continued with another example: “I said, ‘Let’s skip gold and go on a vacation?’ She replied, ‘Vacation lasts 5 days. Gold lasts 5 generations.’ I bought a phone for ₹1 lakh. She bought gold. Now, the phone’s worth ₹8,000. Her gold is ₹2 lakh.”

His conclusion? “Moral: Wives are smarter.”


Many commented on the tweet. One said, "Moral: You enjoyed your life in this lifetime. You wife created wealth for her children to enjoy in their lifetimes."

Another opined, "Moral: one should keep accumulating wealth for next generation to spend on Car, Iphones, Cruises and world tours and we retire in Senior living destinations."

Gold hits record highs

Goenka’s post comes at a time when gold prices are breaking records. Spot prices recently surpassed ₹1 lakh per 10 grams in India, driven by a mix of global factors.

The ongoing trade tensions between US President Donald Trump and Federal Reserve Chair Jerome Powell over interest rate cuts, a weakening US dollar, and uncertainties surrounding the US-China trade war have all contributed to the metal’s stellar rally.

According to a Reuters report, gold has surged by over $800 an ounce since the start of 2025, recently crossing $3,300 and climbing another $200 in just a few days. Goldman Sachs has now revised its year-end forecast to $3,700 per ounce, with a potential to touch $3,810 if central banks continue purchasing at a rate of 100 tonnes per month. ANZ has also raised its forecast to $3,600.

As investors seek safe havens in turbulent times, Goenka’s message serves as a timely reminder of gold’s enduring value.