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Thursday, October 20, 2011

Most of us know that India is one of the biggest consumers of gold in the world. But does the country have a similar standing when it comes to the production of the yellow metal? Certainly not. As today's chart of the day shows, as per data collected by the British Geological Survey, India stands nowhere as compared to the largest producers of gold in the world. At a little more than 2,000 tonnes of gold, its production absolutely pales in comparison to the largest producers like China and the US. Little wonder, it has to satisfy the needs of its gold consumers by resorting to large scale imports.
Source: J Mulraj

Source: British Geological Survey, Rediff.com
 

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