2023 2024 Student Forum > Management Forum > Main Forum

 
  #2  
15th March 2016, 05:49 PM
Super Moderator
 
Join Date: May 2012
Re: Bullion market India

We all know bullion reserve of a country is the indicator of the amount of wealth a country possesses and as you asking for Bullion market India, so for it I can say In 2009, the government of India purchased 200 metric ton of gold from the International Monetary Fund (IMF) at $6.7 billion and bcoz of this purchase has propelled the India Bullion Market to the tenth position among the top global gold holders.

Indian Bullion Market Association is a national level body that represents the Indian Bullion Trade and Industry. Indian Bullion Market Association is an association of all leading bullion dealers and jewelry merchants who have associated with the National Spot Exchange Limited.

Country Bullion (in tons)
United States 8133.5
France 2445.1
Germany 3408.5
Italy 2451.8
Netherlands 612.5
Switzerland 1041.5
ECB 501.4
India 557.7
Russia 568.4
Japan 765.2
China 1054.0


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