1. China: Being the largest global producer of gold, China’s production has remained steady over the years with an estimated production of 380 metric tons in 2024.
2. Australia: Australia follows China in gold production. In 2024, they are estimated to produce around 330 metric tons.
3. Russia: Standing third in the list, Russia’s gold production remains strong with an estimated 310 metric tons in 2024.
4. United States: The US maintains its rank in the top 5 with a steady increase in production. Their estimate for 2024 is around 220 metric tons.
5. Canada: With a production rate slowly gaining momentum, Canada is estimated to produce around 190 metric tons of gold in 2024.
6. Peru: Despite some dips in production, Peru remains a key player with an estimated production of 150 metric tons in 2024.
7. South Africa: Once the largest producer of gold, South Africa ranks seventh this year with an estimated 145 metric tons.
8. Ghana: Rising up in the ranks, Ghana’s gold production is steady and estimated at around 130 metric tons in 2024.
9. Mexico: Although experiencing some fluctuations in gold production, Mexico maintains a steady output with an estimated 110 metric tons in 2024.
10. Brazil: Rounding off the top ten, Brazil is forecasted to produce approximately 105 metric tons of gold in 2024.
