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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/
What else can I help you with?
Which is the largest gold producing country in the world?
South Africa
Which is the largest gold producer country in the world?
South Africa
Which country has the highest gold consumption?
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.
Which is the world's largest gold producing Country in Africa?
South Africa
What is the capitol of the country with the world's largest known deposits of gold manganese and platinum?
The capital of the country with the world's largest known deposits of gold, manganese, and platinum is Johannesburg, which is located in South Africa.
What country is world's leading producer of gold?
China has surpassed South Africa in largest production of gold.
What is the largest gold producing country?
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.
What country is the world's lead producer of gold?
China has surpassed South Africa in largest production of gold.
Who is the biggest consumer of gold?
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.
What country has the world largest gold reserves?
As of 2021, the country with the largest gold reserves is the United States, followed by Germany and the International Monetary Fund (IMF). These countries hold significant amounts of gold as part of their foreign exchange reserves for economic stability.
What country is the largest supplier of gold?
China is the largest supplier of gold in the world, producing about 11% of the global supply. Other significant gold-producing countries include Australia, Russia, and the United States.
What country is the largest purchaser of gold?
India
