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China ranks first and India second in gold bar and coin purchases

China ranks first and India second in gold bar and coin purchases

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Summary

China is the leading buyer of gold bars and coins, while India ranks second. The available information does not specify the exact demand volumes for the countries.

Details

China has the highest demand for gold bars and coins, while India ranks second, according to the available information.

The data place the two Asian countries at the top of the ranking for purchases of physical investment gold. However, the source information does not provide specific quantities, values or the period covered by the ranking.

No details have been provided about demand in other countries either. As a result, the exact difference between purchases in China, India and other markets cannot be determined.

NEXORA AI — Why it matters

The ranking identifies China and India as the two leading markets for gold bars and coins, although the scale of demand is not specified.

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