How much gold is produced annually?
Between all of the gold sources in the world, current estimates suggest that roughly 2,500 to 3,000 tons of new gold is mined each year. At present, experts believe that the total amount of above ground gold in the world stands at just over 190,000 tons.
Who is the largest producer of gold?
China
1. China – 368.3 tonnes. For many years, China has been the top producing nation, accounting for 11 percent of global mine production. However, production fell from 383 tonnes to 368 last year, representing the fourth consecutive year of declines.
How much gold is produced globally?
In 2005, some 2,470 metric tons of gold was produced worldwide. Since then, gold production has increased steadily to an estimated 3,200 metric tons in 2019….Gold mine production worldwide from 2005 to 2020 (in metric tons)
Characteristic | Production in metric tons |
---|---|
– | – |
Which country is No 1 in gold production?
List of countries by gold production
2018 Rank | Country | Gold production (tonnes) |
---|---|---|
1 | China | 404 |
2 | Australia | 319 |
3 | Russia | 297 |
4 | United States | 222 |
Which country produce more gold?
Gold mining production map
Country | Tonnes |
---|---|
China | 368.3 |
Russian Federation | 331.1 |
Australia | 327.8 |
United States | 190.2 |
Which country consumes more gold?
India
In the fourth quarter of 2019, India and China accounted for 57% of gold jewelry consumption globally….Gold Jewelry Consumption Q4 2019.
Rank | Country | Tonnes |
---|---|---|
1 | India | 136.6 |
2 | China | 132.1 |
3 | U.S. | 34.8 |
4 | UAE | 11.5 |