2022
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Detailed explanation-1: -India Stands Fourth in Global Gold Recycling, Refining Capacity of 1,800 Tonnes: WGC Report. According to the World Gold Council (WGC), India’s gold refining landscape has changed significantly over the last decade.
Detailed explanation-2: -India has emerged as the fourth largest gold recycler in the world, and the country has recycled 75 tonnes in 2021, according to the World Gold Council (WGC) report.
Detailed explanation-3: -According to the World Gold Council Report, China holds the first position in global gold recycling in 2021 as it recycled 168 tonnes of gold.
Detailed explanation-4: -According to the WGC report titled ‘Gold refining and recycling’, China topped the global gold recycling chart as it recycled 168 tonnes of the yellow metal, followed by Italy in the second position with 80 tonnes and the US at the third rank with 78 tonnes in 2021.
Detailed explanation-5: -REL is the world’s largest gold refiner with a capacity to refine more than 2400 tons of precious metals per annum.