Gold trade
Gold is a highly valued precious metal with a long history as a store of value, currency, and medium for art, jewelry, and religious artifacts. Its primary use today is in electronics manufacturing due to its excellent conductive properties, as well as in the medical and dental industries for devices and treatments. Gold's resistance to corrosion and heat also makes it suitable for aerospace applications. Gold is extracted from mineral deposits through mining, often involving open-pit, underground, or placer mining...
Gold is a highly valued precious metal with a long history as a store of value, currency, and medium for art, jewelry, and religious artifacts.
Its primary use today is in electronics manufacturing due to its excellent conductive properties, as well as in the medical and dental industries for devices and treatments. Gold's resistance to corrosion and heat also makes it suitable for aerospace applications.
Gold is extracted from mineral deposits through mining, often involving open-pit, underground, or placer mining methods. The process includes extracting ore and separating gold from other minerals using chemical processes, requiring heavy machinery, chemicals, water, and energy.
Country-level reported imports and exports by year.
Net export flows between reporting partners filtered by global trade share.
Bilateral trade structure for the selected year.
Market intelligence
Dundee Sustainable Technologies Inc. unveiled a cyanide‑free gold leaching process called Clevr, which improves recovery time, reduces reagent use, and eliminates tailings pond requirements, potentially lowering costs and environmental impact for gold mining operations.
Gold reserves for Australia were revised based on company and government reports, updating reserve estimates.
Gold reserves for Canada were revised based on company and government reports, updating reserve estimates.
Gold reserves for China were revised based on company and government reports, updating reserve estimates.
Gold reserves for Peru were revised based on company and government reports, updating reserve estimates.
Hecla Mining Co.'s Fire Creek mine was placed on care‑and‑maintenance status in the second quarter of 2021, halting production.
An explosion at a gold mine in Qixia and a fire in Zhaoyuan triggered safety inspections that suspended all non‑coal mineral mining in Shandong Province.
A wall instability at Kinross's Round Mountain mine caused deferred mining activities and reduced production.
Kinross Gold Corp. completed the Barnes Creek heap leach pad at its Gilmore project, expanding processing capacity and increasing Fort Knox mine output.
Polymetal International’s Nezhda gold project was commissioned, adding new mine capacity to Russia’s gold output.
A slope failure at the Bingham Canyon mine in Utah during Q2 2020 reduced output, leading to lower 2021 production.
Barrick Gold Corp. announced the closure of the Golden Sunlight mine, ceasing operations in May 2019.
Australia increased gold mine production in 2019, offsetting declines elsewhere.
China expanded gold mine production in 2019, contributing to global output.
Indonesia raised gold mine production in 2019, helping balance global supply.
Australian gold reserves were revised upward based on government reports in 2019.
Canadian gold reserves were revised based on industry reports in 2019.
Indonesian gold reserves were revised in 2019 following government data.
Papua New Guinea updated gold reserve figures in 2019.
Peruvian gold reserves were revised based on industry reports in 2019.
South African gold reserves were revised in 2019.
Trade negotiations between the United States and China were halted in 2019, affecting global gold trade.
Indonesian government granted Freeport-McMoRan a new special mining license extending mining rights through 2031 and 2041, securing future gold production.
Equinox Gold Corp. purchased New Gold Inc., acquiring the Mesquite Mine in Arizona.
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