April 08, 2013
For the last 20 years, World Gold Council has shown India's annual gold consumption fluctuating from 400 tons to 800tons. Estimated Indian gold reserves at 25,000-30,000 tons are double of the next largest country – the USA with 14,000 tons. India has 20% of the world population and also 20% of the world's above-the-ground gold.
Posted by Naxal Watch at 7:51 PM