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Gold Industry Facts

Mining, refining, and uses — essential facts about the gold supply chain.

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Supply Chain

  • Mining: Top producers — China, Australia, Russia, Canada, USA
  • Refining: Switzerland and UAE are major refining hubs
  • Recycling: ~1,000 t/year from jewelry and electronics scrap

End Uses

UseShareNotes
Jewelry~45%India, China, Middle East lead
Investment~25%Bars, coins, ETFs
Central banks~20%Net buying since 2010
Technology~7%Electronics, dentistry, aerospace

Did You Know?

  • All gold ever mined would fit in roughly three Olympic swimming pools
  • One troy ounce = 31.1035 grams; 24K = 99.9% pure gold
  • Gold is so malleable that 1 oz can be beaten into a sheet covering ~100 sq ft

Calculate any weight: gold price calculator · Live rates in 16 countries on Gold Price Today.