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Gold - Statistics & Facts

Gold has always been one of the world’s most precious and coveted metals. Rarity is the primary reason for its value. Estimates on global mine reserves of gold fluctuate slightly from year to year, but are not much higher than 50,000 metric tons. The countries with the largest estimated reserves are Australia, Russia, and South Africa. Approximately 3,300 metric tons of gold was produced worldwide in 2019. Currently, China is the world’s leading producer of gold, followed by Australia and Russia.

Among gold mining companies, Newmont from the U.S. is the global leader, with a production output of 6.3 million ounces in 2019. Newmont announced revenue figures of 9.74 billion U.S. dollars for 2019. Barrick Gold from Canada, and AngloGold Ashanti from South Africa are the next largest gold producers. M&A activities in the gold mining sector are vibrant. Among mining and metal deals in 2018, gold deals amounted to a total value of 6.5 billion U.S. dollars. In April 2019, for example, Newmont and Goldcorp completed a merger which rendered the newly formed Newmont Goldcorp the largest gold mining company in the world.

As the fourth largest global gold producing country, the United States produced about 200 metric tons in 2019. Nevada is by far the U.S. state with the highest gold production. Seven out of the top ten U.S. gold mines are located in Nevada. The United States reported that its gold consumption came to some 150 metric tons in 2019. The United States has the largest gold holdings of any country worldwide. As of March 2020, approximately 8,134 metric tons of gold was held by the United States.

Over the last decade, global demand for gold has increased constantly, sitting at 4,355 metric tons in 2019. This has of course influenced the global price of gold. Gold reached an annual average price of almost 1,393 U.S. dollars in 2019. To put that figure into context, the price stood at some 271 U.S. dollars in 2001. This makes it clear that gold is still one of the world’s most coveted commodities and most rewarding investments.

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Top global companies

United States

Interesting statistics

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Gold mining worldwide

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Gold - Statistics & Facts

Gold has always been one of the world’s most precious and coveted metals. Rarity is the primary reason for its value. Estimates on global mine reserves of gold fluctuate slightly from year to year, but are not much higher than 50,000 metric tons. The countries with the largest estimated reserves are Australia, Russia, and South Africa. Approximately 3,300 metric tons of gold was produced worldwide in 2019. Currently, China is the world’s leading producer of gold, followed by Australia and Russia.

Among gold mining companies, Newmont from the U.S. is the global leader, with a production output of 6.3 million ounces in 2019. Newmont announced revenue figures of 9.74 billion U.S. dollars for 2019. Barrick Gold from Canada, and AngloGold Ashanti from South Africa are the next largest gold producers. M&A activities in the gold mining sector are vibrant. Among mining and metal deals in 2018, gold deals amounted to a total value of 6.5 billion U.S. dollars. In April 2019, for example, Newmont and Goldcorp completed a merger which rendered the newly formed Newmont Goldcorp the largest gold mining company in the world.

As the fourth largest global gold producing country, the United States produced about 200 metric tons in 2019. Nevada is by far the U.S. state with the highest gold production. Seven out of the top ten U.S. gold mines are located in Nevada. The United States reported that its gold consumption came to some 150 metric tons in 2019. The United States has the largest gold holdings of any country worldwide. As of March 2020, approximately 8,134 metric tons of gold was held by the United States.

Over the last decade, global demand for gold has increased constantly, sitting at 4,355 metric tons in 2019. This has of course influenced the global price of gold. Gold reached an annual average price of almost 1,393 U.S. dollars in 2019. To put that figure into context, the price stood at some 271 U.S. dollars in 2001. This makes it clear that gold is still one of the world’s most coveted commodities and most rewarding investments.

Interesting statistics

In the following 8 chapters, you will quickly find the {amountStatistics} most important statistics relating to "Gold".

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