FILES) In this picture taken on July 16, 2008, Indian goldsmiths work on pieces of gold jewellery at a workshop in Mumbai. Demand for gold leapt by 18 percent globally in the third quarter, buoyed by purchases from India, as investors sought shelter from the global financial meltdown, officials said November 20, 2008. Worldwide demand rose to 1,133 tonnes from 963 tonnes a year earlier while in India, the world's biggest consumer of gold, demand soared by 31 percent to 250 tonnes, officials of the World Gold Council said.
(FILES) In this picture taken on June 2, 2008, an Indian salesman displays a selection of gold jewellery items at the Tribhovandas Bhimji Zaveri (TBZ) store in Ahmedabad Demand for gold leapt by 18 percent globally in the third quarter, buoyed by purchases from India, as investors sought shelter from the global financial meltdown, officials said November 20, 2008. Worldwide demand rose to 1,133 tonnes from 963 tonnes a year earlier while in India, the world's biggest consumer of gold, demand soared by 31 percent to 250 tonnes, officials of the World Gold Council said
An Indian woman looks at gold bangles at a jewellery store in Hyderabad on November 25, 2008. Despite the global economic gloom, demand for gold in India registered the highest growth of 66 percent in the third quarter of 2008 as investors sought a safe haven and jewellery buyers returned to take advantage of softer gold prices.
An Indian woman looks at gold necklaces at a jewellery store in Hyderabad on November 25, 2008. Despite the global economic gloom, demand for gold in India registered the highest growth of 66 percent in the third quarter of 2008 as investors sought a safe haven and jewellery buyers returned to take advantage of softer gold prices
A sales representative arranges necklaces made from gold and gemstones in a display cabinet during the International Gems and Jewellery Expo in Hyderabad on December 12, 2008. Despite the global economic gloom, demand for gold in India registered a growth of 66 percent during the third quarter of 2008 as investors sought a safe haven and jewellery buyers returned to take advantage of softer gold prices.
