Record-high gold prices may be depressing jewelry demand, but they are only encouraging Indian investors to buy more bars and coins, with a record $10 billion purchased in the third quarter, according to Sachin Jain, CEO of India operations at the World Gold Council. Jain said on Thursday that gold has now become a mainstream asset as even Indian investors with little prior exposure diversify their portfolios and boost allocations to the yellow metal – and the trend is only expected to build. "We believe investors' interest in gold will continue and grow in the coming quarters," he said. Investment demand in India – ... (full story)