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    For many years until 2006, South Africa was the world's dominant gold producer, but recently other countries have surpassed South Africa China, Russia, Canada, the United States, Peru and Australia. Albeit, none of these countries have approached South Africa's peak production which occurred in the apartheid era 1970s.

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    China produces more gold than any other country in the world. Asia as a whole produces 22% of the worlds total production. Central and South America account for 17% with North America contributing 15%. Africa produces 20% and the former Soviet Union C.I.S region 14%. Amazingly, gold recycling accounts for one third of the total production.

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    Although Japan is the ninth largest gold owner in the world, its 765.2 tonnes of the yellow metal account for just 2.4% of the island nation's total foreign reserves.

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    Gold production in the world (2009) pdf. Historically goldmines are poor in precious yellow metal despite all the difficulties the world production of gold was able to grow. It was multiplied by 4 in one century. However, since 2001 the world production of gold seems to have peaked.

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    Brazil has the largest gold and uranium deposits in the world, and is the second largest oil producer. However, timber is the most valuable natural resource, and the nation accounts for over 12.3%

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    Global demand, however, fell to its lowest in nearly five years as Chinese buying slid by a third and gold jewellery, the biggest single area of consumption, dropped 4% to 534 tonnes.

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    May 26, 20160183;32;Below are the top 10 countries with the largest gold holdings, beginning with India. 10. India. the worlds third largest economy, is also the eighth largest hoarder of the yellow metal

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    Source Metals Focus; GFMS, Thomson Reuters, US Geological Survey, World Gold Council Each year, global gold mining adds approximately 2,500 3,000 tonnes to the overall above ground stock of gold.

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    One of the former super power of the world, Russia has the largest share of natural resources in the world. Due to its vast size, it covers most of the coal, timber and gold reservoirs. The second largest deposit of coal is found in Russia whereas it has the third largest reservoir of gold in the world.

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    The United States, which accounts for 3.5% of global gold reserves, is the third largest gold producing country in the world. It produced 230t of gold in 2012, a decline by 4t from 2011. The US accounted for 8.5% of global gold production in 2012.

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