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1.
S₁: The role of the precious yellow metal is undergoing a dramatic change.
S₆: Again, it would not be an economic proposition to buy and sell gold ornaments as an instrument of investment as buying would be costlier and selling will be at a discount.

P: In developing countries like India, where gold is used mainly for ornaments, a distinct change in attitude is in the offing.
Q: Slowly, the use of gold in the form of ornaments will be on the decline and even if gold prices shoot up, women folk would not like to sell off their ornaments.
R: The yellow metal will soon be treated as an investment instrument.
S: The maxim, "Larger the gold reserves, richer the country" will not hold good for a long time.