World Gold Council Report

March 13, 201913 days 700
  • World Gold Council (WGC) has released a report on gold holdings of various countries.
  • India has 11th largest gold reserve in the world with 607 tonnes.
  • The World Gold Council is the market development organisation for the gold industry.

  • Its purpose is to stimulate and sustain demand for gold.
  • US occupies the top spot while China and Japan have more gold reserves than India.
  • India is the world’s largest consumer of Gold.

 

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