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 of gold; in 2008, India imported around 400 tonnes of gold. Indian households hold 18,000 tonnes of gold which represents 11 per cent of the global stock and worth more than $950 billion.
Country | 2010 | 2009 | % Change |
---|---|---|---|
745.70 | 442.37 | +69 | |
Greater China | 428.00 | 376.96 | +14 |
128.61 | 150.28 | -14 | |
74.07 | 75.16 | -1 | |
72.95 | 77.75 | -6 | |
67.50 | 60.12 | +12 | |
63.37 | 67.60 | -6 | |
53.43 | 56.68 | -6 | |
32.75 | 41.00 | -20 | |
27.35 | 31.75 | -14 | |
Other Gulf Countries | 21.97 | 24.10 | -10 |
18.50 | 21.85 | -15 | |
15.87 | 18.83 | -16 | |
14.36 | 15.08 | -5 | |
6.28 | 7.33 | -14 | |
Total | 1805.60 | 1508.70 | +20 |
Other Countries | 254.0 | 251.6 | +1 |
World Total | 2059.6 | 1760.3 | +17 |