Indian Gold

Now you know (some sources like to say housewives instead of households):

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% of the global stock and worth more than $950 billion.

via Gold – Wikipedia, the free encyclopedia.


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