Top 5 Gold Producing Countries Boca Raton Pawn
Gold has been for many years a very good investment. Buying Gold jewelry, fro example, has been a very good option for those who want to invest their money on an item that has been increasing it’s value significantly for the past 10 years. If you are looking into buying gold, do you know who are the top five gold producing countries in the world?
The top 5 gold producing countries combined represent almost half of the world’s gold production.
The Top 5 are:
1 – China – Mine Production: 355 tons
China it is not only the top consumer, but also the top producer of gold. The country had a 10% increase on the gold production from 2011 to 2012.
2 – Australia – Mine Production: 270 tons
Gold production in Australia has been increasing for the past 3 years. The yellow metal is also among the country’s top 10 exports, raking in about $14 billion per year.
3 – United States – Mine production:237 tons
The rise in gold production in 2011 from 231 tons in 2010 marked the second consecutive increase in the country. Most of the gold produced in this nation comes from Nevada.
4 – Russia – Mine Production: 200 tons
The nation’s most prolific gold regions are Siberia and the Far East. Russia’s gold production in 2011 rose by 8 tons from 192 tons mined in 2010.
5 – South Africa – Mine Production:190 tons
Though South Africa is no longer the king of the gold-producing nations, it has the world’s largest deposits.