What country is the largest gold consumer in the world?

India has the largest private gold holding in the world. Estimates vary anywhere between 13,000 MT (Metric Tons) to 40,000 MT. I, coming from an Indian subsistence rural farming family, with education in finance, estimate it to be somewhere around 60,000 to 80,000 MT. An Excellent and succinct article on India's addiction to gold is well put in this ariticle titled "Indian Gold Reserves. Forgotten History! Lost Opportunity?" You can read that article here Wordpress.com/2007/11/10/india-the-worlds-richest-economy/">http://2ndlook.Wordpress.com/2007/11/10/india-the-worlds-richest-economy/