As Indians are looking for safer investments and means to protect their portfolio against inflation, the world’s largest gold consumers are increasingly becoming investors.
Consumer demand in India jumped 29% in the twelve months to Q2 2011 to 1,099 tonnes, of which bar and coin investments were 403 tonnes which rose 50% year-over-year, compared to jewellry demand which rose 19%, according to World Gold Council (WGC)……………………………………….Full Article: Source