The Perth Mint presents a neat infographic on the world’s top 10 gold producing countries.
China, which loves gold more than anything, came in as the number one producer with annual output of 370 metric tons. According to the latest official numbers from the IMF, China holds the world’s fifth largest reserves of gold with holdings of 33.9 million ounces. Unofficially, many analysts say that actual gold reserves held by China are far larger than the “officially” reported numbers.
The second largest gold producer in the world is Australia (home of the Perth Mint) which produced 250 metric tons of gold in 2012.
The United States came in at third place with annual production of 230 metric tons. As a dubious consolation for those who hate to see the U.S. come in third, keep in mind that the United States still reigns supreme in the number one spot for production of paper currency.
The Perth Mint, which has been producing gold coins since 1899 has produced (in my opinion) some of the world’s most artistic gold and silver coins.
Dear,
Adding up all national outputs mentioned, I arrive at 1.766 tons.
Total global production is estimated at some 2.600 tons per annum.
I wonder where the remaining 800 tons come from ?
Thank you for your consideration.
Best regards,
GURIK
BELGIUM
http://www.goudstudieforum.com