According to a report by World Gold Council (WGC), India has become the fourth largest gold recycler worldwide. In 2021, it has recycled 75 tonnes of gold.<\/p>\n
The Gold refining and recycling report was published by WGC recently.<\/p>\n
In the report, China was ranked first in global gold recycling chart after recycling 168 tonnes of gold in 2021.<\/p>\n
It is followed by Italy at second position, with recycling of 80 tonnes gold and US at third position, with recycling of 78 tonnes in 2021.<\/p>\n
As per report, Indias gold refining capacity has increased from 300 tonnes in to 1,500 tonnes in 2021. It witnessed a jump by 500 per cent. Its capacity has changed in last decade. Number of formal operations has increased from less than five in 2013 to 33 in 2021. Informal sector accounts for an additional 300-500 tonnes.<\/p>\n","protected":false},"excerpt":{"rendered":"