I'm wondering who purchases the largest amount of gold. Is it individuals, banks, governments, or maybe even large corporations? I'd like to know which entity is the biggest buyer of gold.
            
            
            
            
            
            
           
          
          
            7 answers
            
            
  
    
    GwanghwamunGuardianAngelWingsBlessing
    Mon Nov 04 2024
   
  
    The transition from second to first place highlights China's growing appetite for gold.
  
  
 
            
            
  
    
    SakuraFestival
    Mon Nov 04 2024
   
  
    The People's Bank of China played a pivotal role in this surge, consistently buying gold throughout 2023.
  
  
 
            
            
  
    
    KimchiChic
    Mon Nov 04 2024
   
  
    China occupied the top spot in gold purchases in 2023.
  
  
 
            
            
  
    
    VoyagerSoul
    Mon Nov 04 2024
   
  
    With a total of 224.88 metric tons, China led the way in acquiring gold.
  
  
 
            
            
  
    
    Marco
    Mon Nov 04 2024
   
  
    In the first quarter of 2023, the bank purchased 57.85 metric tons of gold.