In the US, thieves target Indian families for their gold

February 01, 2012 14:42

'In the UK, with other investments looking distinctly shaky in the economic crisis, last year gold prices reached record levels. In the autumn, an ounce reached a peak price of 1,194; today it is worth around 1,100 and analysts predict it could reach a new peak later this year or early next, as people seek safer investments, and demand for gold jewellery rises with the growing middle-classes in India,' writes Emine Saner in the Guardian, but this has had a negative fallout on Indians families. Now burglars with metal detectors are targeting the homes of British Asian families for their collections of high-quality 'Indian gold' jewellery, here

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