Media playback is unsupported on your device

Why India's appetite for gold remains strong

20 November 2013 Last updated at 10:33 GMT

According to the latest report from the World Gold Council, demand for the precious metal as an investment option is tapering off in Western countries including Switzerland, Russia and the US.

However, Asians are continuing to pile on the gold and even government curbs are failing to diminish India's appetite.

The BBC's Sameer Hashmi reports from Mumbai.

Copyright © 2015 BBC. The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.