🪙 Where Does Gold Come From in the World?

#Gold #Commodities $XAU

Global gold production is concentrated in the hands of a few countries. According to the latest estimates, Asia and the Pacific still lead the way.

The largest producers

• 🇨🇳 China 380 tons

• 🇷🇺 Russia 310 tons

• 🇦🇺 Australia 290 tons

Followed by

• 🇨🇦 Canada 200 tons

• 🇺🇸 United States 160 tons

• 🇲🇽 Mexico 130 tons

• 🇰🇿 Kazakhstan 130 tons

• 🇬🇭 Ghana 130 tons

• 🇺🇿 Uzbekistan 120 tons

Countries producing around 100 tons:

• 🇵🇪 Peru

• 🇮🇩 Indonesia

• 🇿🇦 South Africa

Medium-scale producers

• 🇧🇷 Brazil 70 tons

• 🇲🇱 Mali 70 tons

• 🇹🇿 Tanzania 60 tons

• 🇨🇴 Colombia 60 tons

• 🇧🇫 Burkina Faso 60 tons

📊 The top 17 producing countries account for over 75% of global gold production.

During periods of rising gold prices, production and reserve policies in these countries play a critical role in global markets.