Gold maintains its luster in Indian market

Indian demand for gold remains strong despite the price of bullion rising on global markets, according to the World Gold Council. On Saturday, at an exhibition of gold jewellery in Bangalore, K. Shivram, Vice President of the World Gold Council, said India continues to be the world's biggest consumer of the precious metal. Shivram believes gold, seen as a safe-haven, is a smart investment for consumers.