IPCI Info

India replaced China to emerge as Biggest Gold Consumer in World: Thomson Reuters

India regained its top position replacing China as the biggest overall consumer of gold in the first nine months of year 2015. India consumed a total of 642 tonnes of gold in this period and china is lagging behind by just 63 tonnes with total consumption of 642 tonnes in first nine month of the year. GFSM survey was released on 17th October 2015.