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14 November 2024
Uzbekistan Ranked in Top 10 Gold Producers Worldwide – WGC
Uzbekistan’s robust gold production reinforces its standing as a significant player in the global gold industry and contributes to the broader landscape of the precious metals market.
Photo: ngmk.uz
The World Gold Council reports that Uzbekistan produced 119.6 tons of gold in 2023, securing its spot as the 10th-largest gold producer in the world. This achievement reinforces the country's standing as one of the leading gold producers globally, The Caspian Post reports citing foreign media.
China topped the list, producing 378.2 tons of gold, followed by Russia with 321.8 tons, and Australia with 293.8 tons. Other leading gold producers included Canada (191.9 tons), the United States (166.7 tons), Ghana (135.1 tons), Indonesia (132.5 tons), Peru (128.8 tons), and Mexico (126.6 tons).
In addition to production, 2023 saw Switzerland leading in gold exports, with a revenue of $107.2 billion from gold and related products. The United Kingdom followed with $65.3 billion in exports, and China came third with $44.4 billion in gold export revenue.
Uzbekistan’s robust gold production reinforces its standing as a significant player in the global gold industry and contributes to the broader landscape of the precious metals market.