commodity

Gold

A store of value held as bars, coins and jewellery, with a small industrial use in electronics. Mined in more than 80 countries and refined in a few hubs.

Figures checked Next check Feb 2027, after USGS Mineral Commodity Summaries 2027

Key figures

Each figure shows where it comes from and which year it describes.

~3,300 t

of gold was mined in 2025.

USGS Mineral Commodity Summaries 2026 · 2025 estimate

12%

of mined gold came from China, the largest producer. Russia and Australia came next.

USGS Mineral Commodity Summaries 2026, our calculation · 2025 estimate

41%

of mined gold came from the top five producing countries.

USGS Mineral Commodity Summaries 2026, our calculation · 2025 estimate

21%

of gold consumption was central bank buying; jewellery took 40%.

USGS Mineral Commodity Summaries 2026 · 2025 estimate

Supply chain explainer

Interactive · 5 stages

Mined at 2 g/t. Poured at 80%. Refined to 99.99%.

Five stages from gold ore to bars and jewellery, with gold content and the record that moves at each handover.

  1. Mine1–10 g/t
  2. Mine plant60–90%
  3. Refinery99.5–99.99%
  4. Fabricator37.5–99.99%
  5. End customers37.5–99.99%

Update log

What changed on this page, and when.

  1. Scheduled

    Check production figures against USGS Mineral Commodity Summaries 2027.

  2. Published

    Page published with the supply chain explainer and key figures from USGS Mineral Commodity Summaries 2026.

Related

  • Guide · PDF by emailPilot to scale-up

    Why traceability rollouts stall after the pilot, the data blueprint, the first 90 days and a go-live checklist.

  • One-pager · ImageTraceability rollout in one page

    Sixteen steps from naming the scale-up budget holder to showing momentum in the first 90 days, on a single page.

Sources

  1. USGS Mineral Commodity Summaries 2026: Gold
  2. LBMA Responsible Sourcing
  3. EU Conflict Minerals Regulation

Planning a traceability rollout, or one that has stalled after the pilot? Book a 30-minute call.