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World's top 10 buyers & producers of gold

April 30, 2009

Gold has held mankind enraptured since time immemorial. It has been prized for its beauty, easy workability, indestructibility, and value.

The average global demand for gold in the past 10 years has been mainly for jewellery at 76 per cent, followed by industrial applications of 14 per cent and 10 per cent for investors. The available gold supply is from new mining, reclaimed scrap, official or new bank sales and gold loans made from official reserves.

There are five international gold trading centres: New York, London, Zurich, Tokyo and Hong Kong.

But who are the world's largest buyers and producers of gold? Click here to find out!

Source: GFMS (Gold Field Mineral Services)

Image: Gold bars are stored on a table at a plant of gold refiner and bar manufacturer Argor-Heraeus SA in the Swiss town of Mendrisio. | Photograph: Arnd Wiegmann/Reuters

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