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2012 world gold output (in kilograms) Trends in five of the top seven gold-producing countries This is a list of countries by gold production in 2022. [1]Until 2006, South Africa was the world's largest gold producer.
The World Gold Council estimates that all the gold ever mined, and that is accounted for, totalled 190,040 metric tons in 2019 [1] but other independent estimates vary by as much as 20%. [2] At a price of US$1,250 per troy ounce ($40 per gram ) reached on 16 August 2017, one metric ton of gold has a value of approximately $40.2 million.
The World Gold Council estimates that all the gold ever mined, and that is accounted for, totals 187,200 tonnes, as of 2017 [3] but other independent estimates vary by as much as 20%. [4] At a price of US$1,250 per troy ounce, marked on 16 August 2017, one tonne of gold has a value of approximately US$40.2 million. The total value of all gold ...
World gold production was 3,612 tonnes in 2022. [36] As of 2020, the world's largest gold producer was China with 368.3 tonnes of gold mined in that year. The second-largest producer of gold was Russia where 331.1 tonnes was mined in the same year, followed by Australia with 327.8 tonnes. [37]
According to the World Gold Council, central banks purchased a record 483 tons of gold in the first half of the year. Central banks from Turkey, India, and China topped the list of the biggest buyers.
Gold prices have already hit several record highs of over $2,900 per ounce so far in 2025. But investors have long looked to gold for many reasons, including its ability to maintain a store of ...
This accounted for around 80 percent of the entire world's gold reserves. [17] Total U.S. gold reserves stored at all locations peaked in October 1941 at 651.4 million troy ounces (20,262 metric tons) and ended the year at 649.6 million troy ounces (20,206 metric tons). [18]
Gold's price surge past $2,700 per ounce in October 2024 marked the beginning of a sustained rally. The momentum has only strengthened in 2025, with investors continuing to push the precious metal ...
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