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Gold Jewelry Consumption by Country in Tonnes
Gold Jewelry Consumption by Country in Tonnes
Country
2009
2010
2011
2012 The consumption of gold produced in the world is about 50% in jewelry, 40% in investments, and 10% in industry.[citation needed]
India
442.37
745.70
986.3
864
India is the world's largest single consumer of gold, as Indians buy about 25% of the world's gold,[87] purchasing approximately 800 tonnes of gold every year, mostly for jewelry. India is also the largest importer of gold;
Greater China
376.96
428.00
921.5
817.5
in 2008, India imported around 400 tonnes of gold.[88] Indian households hold 18,000 tonnes of gold which represents 11% of the global stock and worth more than $950 billion.[89]
United States
150.28
128.61
199.5
161
Turkey
75.16
74.07
143
118
Saudi Arabia
77.75
72.95
69.1
58.5
Russia
60.12
67.50
76.7
81.9
67.60
63.37
60.9
58.1
Egypt
56.68
53.43
36
47.8
Indonesia
41.00
32.75
55
52.3
United Kingdom
31.75
27.35
22.6
21.1
24.10
21.97
22
19.9
Japan
21.85
18.50
-30.1
7.6