It is now proved that Gold is favourite amongst savers in not just India. Most people prefer Gold when it comes to hedging against inflation. 2013, a year that witnessed unprecedented inflation, witnessed record high gold demand, as reported by World Gold Council.
The World Gold Council has published Gold Demand Trends (GDT): Full year 2013 review.
According to the report, ‘2013 proved to be the year of the consumer,
with gold jewellery demand close to pre-crisis levels and investment in
small bars and coins hitting a record high’.
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