Top 10 Gold Producing Countries:
2021
1. China 🇨🇳
2. Russia 🇷🇺
3. Australia 🇦🇺
4. Canada 🇨🇦
5. United States 🇺🇸
6. Ghana 🇬🇭
7. Peru 🇵🇪
8. Mexico 🇲🇽
9. Indonesia 🇮🇩
10. South Africa 🇿🇦
Today,
‣ One of the world's largest gold importers.
‣ They produce the most gold on the planet.
‣ The People's Bank of China has reported five consecutive months of gold purchases. China increased its gold reserves for a FIFTH straight month in March.
‣ China is the world's biggest gold consumer
‣ China bought 6.6 tons of gold from Russia in 2022, which is an increase of 67% from 2021.
‣ The world's largest purely physical spot exchange is the Shanghai Gold Exchange.
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