Which of the following countries in the world is the biggest consumer of gold?
Show Hint
- China
- United States
- India
- Russia
The Correct Option is A
Solution and Explanation
Step 2: Recent changes. In the last decade, China overtook India as the largest gold consumer because of its rapid economic growth and demand from both individuals and central banks.
Step 3: Conclude. Therefore, the biggest consumer of gold in the world is China. \[ \boxed{\text{China}} \]
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