List of Largest Gold Producing Countries In The World 2021- Check India's Position Here (2024)

FAQs

List of Largest Gold Producing Countries In The World 2021- Check India's Position Here? ›

Once again, China was the largest producer of gold in the world, mining 370 MT in 2021, up slightly from 2020s 365 MT. The country has held its top position for more than a decade.

Once again, China was the largest producer of gold in the world, mining 370 MT in 2021, up slightly from 2020s 365 MT. The country has held its top position for more than a decade.

India holds a significant position in global gold reserves, ranking 9th in the list of countries with the most gold reserves.

Gold production ranked by major countries 2023

In 2023, China's mines produced an estimated 370 metric tons of gold. Accordingly, China is the largest gold producer in the world.

What Country Has the Most Gold? The country with the most gold is the United States, with 8,133 metric tons in the American gold reserve. This amounts to a value of $480.84 billion, going by the price of gold at the beginning of January 2023.

The top mining jurisdictions in the world feature mineral-rich geology and mining-friendly governments. Leading mining countries include Australia, Chile, China, Russia, Canada, Brazil, the Democratic Republic of Congo (DRC), South Africa, and the United States.

China: is the world's largest gold producer, and its gold is known for its high purity. The gold produced in China is usually between 18 and 24 karats, with some mines producing gold that is 99.99% pure. Russia: is one of the largest gold-producing countries in the world, and its gold is known for its high purity.

Africa is rich in mineral resources and is the world's largest producer of diamonds, gold and platinum.

What country has the most unmined gold? ›

Which country has the biggest unmined gold reserves? Australia is thought to have the biggest unmined gold reserves (estimated at 8,400 tonnes), followed by Russia in second place (6,800 tonnes) and South Africa in third place (5,000 tonnes).

The United States holds the world's largest stockpile of gold reserves by a considerable margin of over 8,100 tons. The U.S. government has almost as many reserves as Germany, Italy, and France, which are the next three largest gold-holding countries combined.

However, if you're curious, there are some countries that produce gold that's as close to pure as possible. The country with the purest gold in the world is Switzerland, a country known for paying attention to quality.

There are several countries in the world which are considered cheap in terms of gold prices. Currently, the number one and two popular choices among consumers are Hong Kong and Dubai. As per goldpriceindia.com, the price of one gram of 24k gold in Hong Kong, as of March 4, 2024, is INR 5,418.70.

The United States produced an estimated 170 metric tons of gold in 2023. This figure represents a decrease of around nine percent in comparison to the previous year.