“India’s community of high net worth individuals is growing fast and, for them, the most favoured form of investment is gold. The HNI population in India rose by around 20.86% in 2010, and their wealth is estimated to have grown by more than 11%, to $530 billion. India is one of the fastest growing HNI segments in the world, currently contributing approximately 1.2% to the global HNI wealth. And, importantly, while their assets are growing the members of this class are also getting younger. The average age of Indian high networth individuals (HNIs) has fallen to the mid-40s from the early 50s in just five years.”
http://www.mineweb.com/mineweb/content/en/mineweb-gold-analysis?oid=168203&sn=Detail
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