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The world's consumption of new gold is about 50 per cent in jewellery, 40 per cent in investments and 10 per cent in industry.
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Gold reserves: 8133.5 tonnes
The United States owns the world's largest gold reserves.
Gold constitutes 74.7 per cent of the nation's foreign exchange reserves.
Data: World Gold Council
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Gold reserves: 2,451.8 tonnes
Gold reserves form 71.4 per cent of the total foreign exchange reserves in Italy.
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Gold reserves; 2,435.4 tonnes
France ranks fifth with gold constituting 66.1 per cent of its total forex reserves.Click NEXT to read more
Gold reserves: 1,054.1 tonnes
China, set to overtake India as the world's largest gold consumer is ranked 6th in the world.
Gold forms 1.6 per cent of the country's forex reserves.
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Gold reserves: 1,040.1 tonnes
Gold constitutes 17.6 per cent of the total forex in Switzerland.
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Gold reserves: 830.5 tonnes
Gold forms 7.8 per cent of the total forex in Russia.
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Gold reserves: 765.2 tonnes
Gold forms 3.3 per cent of the total foreign exchange reserves in Japan.Click NEXT to read more
Gold reserves: 612.5 tonnes
Gold constitutes 59.4 per cent of the total foreign exchange reserves in The Netherlands.
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Gold reserves: 557.7 tonnes
India, the world's largest consumer of gold ranks 11th in terms of gold reserves. Gold constitutes 8.7 per cent of the total forex reserves.Click NEXT to read more
Gold reserves: 502.1 tonnes
European Central Bank has 31.3 per cent of gold as part of its foreign exchange reserves.Click NEXT to read more
Gold reserves: 423.6 tonnes
Another Asian country, Taiwan has 5 per cent of gold as part of its forex reserves.
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Gold reserves: 382.5 tonnes
Portugal has 84.8 per cent of gold as a part of its foreign exchange reserves.
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Gold reserves: 365.8 tonnes
Venezuela has 64.8 per cent of gold as part of its foreign exchange reserves.Click NEXT to read more
Gold reserves: 322.9 tonnes
Gold constitutes 3.3 per cent of gold as part of its forex reserves.
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Gold reserves: 310.3 tonnes
The United Kingdom has 16.5 per cent of gold as part of its foreign exchange reserves.
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Gold reserves: 286.8 tonnes
In Lebanon, gold forms 29.6 per cent of the total forex reserves.
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Gold reserves: 281.6 tonnes
In Spain, gold constitutes 40.7 per cent of the total forex reserves.
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Gold reserves: 280 tonnes
Austria has 55.4 per cent of gold as part of its forex reserves.