Top 10 gold consumers in the world 2011

By Zhang Junmian
0 Comment(s)Print E-mail China.org.cn, February 29, 2012
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   The United States 美国

 

The United States, one of the 'Top 10 gold consumers in the world 2011' by China.org.cn.

The United States was the 3rd largest consumer of gold in the world in 2011. [media.bullionbypost.co.uk]

 Total: 194.9 tonnes

Year on Year Change: -17 percent

The United States, which produced 237 tonnes of gold in 2011, was the fourth largest consumer of gold in the world in 2011. Its annual gold demand fell 17 percent to 194.9 tonnes in 2011, due to the prolonged domestic economic woes. Jewelry demand accounted for 115.1 tonnes in 2011, an 11 percent fall from 2010. Bar and coin investment was 79.9 tonnes, down by 25 percent. Its demand of bar and coin investment in the fourth quarter of 2011 was 18.3 tonnes, a significant decline of 43 percent from a year earlier.

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