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Home / Economy / Banking & Finance
Vietnam among top world’s gold consumers
Vov/Hanoitimes 11:08, 2014/02/20
Vietnam ranks seventh in the world in terms of gold consumption, according to the World Gold Council (WGC).

The country’s demand for gold reached 92.2 tonnes in 2013, an increase of 20% over 2012. Of the total, gold jewelry was 11.9 tonnes.

China took the lead with the total gold demand of nearly 1,065.8 tonnes, up 32% over the previous year.

India came in second with 874,8 tonnes, a year-on-year increase of 13%, followed by the US (190.3 tonnes, 18%), Turkey (175.2 tonnes, 60%), Thailand (140.1 tonnes, 73%), Germany (121 tonnes. 10%), the United Arab Emirates (77.1 tonnes, 24%, Russia (73.3 tonnes, 5%) and Saudi Arabia (72.2 tonnes, 14%).

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