Top 10 gold consumers in the world 2011
- By Zhang Junmian
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E-mail China.org.cn, February 29, 2012
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Turkey 土耳其
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Turkey was the fifth largest consumer of gold in the world in 2011. [delivery.superstock.com] |
Year on Year Change: 30 percent
Turkey was the fifth largest consumer of gold in the world in 2011. Its yearly total demand was 144.2 tonnes, an increase of 30 percent from 111.1 tonnes in 2010, as gold has been considered a safe investment. In 2011, jewelry demand declined by 10 percent to 63.8 tonnes, while investment surged 99 percent to 80.4 tonnes. In the fourth quarter of the year, investment surged 142 percent year on year to 19.3 tonnes, the sixth consecutive quarter for remarkable growth. The country's gold production leapt by 43 percent to 24.4 tonnes in 2011.
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