Gold Consumption

The consumption of gold produced in the world is about 50% in jewelry, 40% in investments, and 10% in industry.

India is the world’s largest single consumer of gold, as Indians buy about 25% of the world’s gold, purchasing approximately 800 tonnes of gold every year, mostly for jewelry. India is also the largest importer gold; in 2008, India imported around 400 tonnes of gold.

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