Surging gold prices are boosting revenues for the world’s leading gold-producing countries after the precious metal climbed to a record high of $5,589.38 per ounce in January 2026.
The rally has been driven by strong central bank purchases, lower interest rates, geopolitical tensions, and global trade uncertainty.
According to the United States Geological Survey, global gold production reached 3,300 metric tons in 2025, up slightly from the previous year.
China – 380 metric tons
Russia – 310 metric tons
Australia – 280 metric tons
Canada – 200 metric tons
United States – 160 metric tons
Ghana – 150 metric tons
Mexico – 140 metric tons
Kazakhstan – 130 metric tons
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Top 10 leading gold-producing countries
Source: Vanguard News
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