During 2025, the yellow metal set multiple price records, driven by a soft dollar, strong central bank buying and heightened global uncertainty.

This visualization, via Visual Capitalist's Niccolo Conte, breaks down global gold production by region in 2024, spotlighting the top-producing countries and their contributions to the region supply landscape.

Africa Leads Global Output

Africa is the world's top gold-producing region, generating 1,010 tonnes in 2023. Ghana leads the continent with 141 tonnes, followed by Mali (100 tonnes) and South Africa (99 tonnes).

This dominance reflects the continent's vast mineral resources, though political and operational challenges continue to affect output in some areas.

China, Russia, and Australia Dominate Nationally

China remains the top national producer with 380 tonnes, followed by Russia at 330 tonnes. These two countries alone account for almost 20% of global output.

Australia follows with 284 tonnes, making it the leading Western gold producer and a cornerstone of Oceania's 346-tonne total.

The Americas Remain Strong Contributors

North America produced 500 tonnes in 2023, driven by Canada (202 tonnes), the United States (158 tonnes), and Mexico (140 tonnes).

Central and South America added 519 tonnes, led by Peru (137 tonnes), Brazil (84 tonnes), and Colombia (66 tonnes). Combined, the Americas contribute more than one-fifth of global supply.