India has the largest private gold holding in the world. Estimates vary anywhere between 13,000 MT (Metric Tons) to 40,000 MT. I, coming from an Indian subsistence rural farming family, with education in finance, estimate it to be somewhere around 60,000 to 80,000 MT. An excellent and succinct article on India's addiction to gold is well put in this ariticle titled "Indian Gold Reserves. Forgotten History! Lost Opportunity?" You can read that article here http://2ndlook.wordpress.com/2007/11/10/india-the-worlds-richest-economy/
USA has the largest gold reserves.
The U.S.
usa
india
South Africa
South Africa
China has surpassed South Africa in largest production of gold.
India is the largest consumer of gold in the world. Most of the gold purchased by India go for jewelry purpose. In that way, Indian Govt doesn't own the gold.
South Africa
China has surpassed South Africa in largest production of gold.
The largest gold producing country in the world is Soth Africa. It is also the largest diamond producing country in the world. It mines more than 100 kg of gold per day. China is largest gold producing country - 403t in 2012.
China has surpassed South Africa in largest production of gold.
America
India is the biggest consumer of gold in the world with reportedly 737 tones of gold by the year 1997 acoording to the world gold council.
South Africa
The Gold Museum (Museo del Oro) in Bogotรก, Colombia has the largest collection of gold artifacts in the world, with over 55,000 pieces of gold and other materials from pre-Hispanic indigenous cultures.