Gold, Silver, Platinum & Palladium: Mine Output and Prices
Annual country-by-country mine production published by the U.S. Geological Survey (USGS), side by side with Titan FX daily prices. See which countries control supply and compare changes in output with price moves.
The four precious metals at a glance
Choose a metal with a tile or the buttons below to switch the charts and table- Gold: world production in 2025 (est.) was 3,300 t (YoY +0.6%; ±0.0% vs 2018).
- The top three countries (China, Russia, Australia) account for 29% of the world total.
- Largest increase from the previous year: China (+3 t); largest decrease: Australia (−4 t).
- The price (XAUUSD) was 4,157.62 USD as of 9/29, +8.4% from a year earlier (2025 average: 3,444.47 USD).
GoldProduction and price trends
Compare production and prices on the same timelineProduction by country (annual) and price (daily)
How much have production and prices changed?
Both are indexed to 100 in the first year so that world production and the annual average price can be compared on one scale. Years without a full year of price data have no annual average.
GoldWhere is it mined?
Gold · USGS country dataProduction and share by country
Switch the year to see that year's ranking. Countries not listed individually by the USGS are included in "Other".
Production by country over time (data table)
Gold · unit: tonnes
← Scroll sideways to see earlier years (showing the latest year first)
| Country | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025e | Share 2025 | YoY |
|---|---|---|---|---|---|---|---|---|---|---|
| China | 401 | 380 | 365 | 329 | 372 | 375 | 377 | 380 | 11.5% | +0.8% |
| Russia | 311 | 305 | 305 | 320 | 310 | 313 | 310 | 310 | 9.4% | ±0.0% |
| Australia | 315 | 325 | 328 | 315 | 314 | 296 | 284 | 280 | 8.5% | −1.4% |
| Canada | 183 | 175 | 170 | 223 | 206 | 198 | 200 | 200 | 6.1% | ±0.0% |
| U.S. | 226 | 200 | 193 | 187 | 173 | 170 | 163 | 160 | 4.8% | −1.8% |
| Ghana | 127 | 142 | 125 | 88 | 88 | 126 | 149 | 150 | 4.5% | +0.7% |
| Mexico | 117 | 111 | 102 | 120 | 120 | 127 | 140 | 140 | 4.2% | ±0.0% |
| Kazakhstan | 100 | 107 | 63 | 116 | 115 | 133 | 130 | 130 | 3.9% | ±0.0% |
| Uzbekistan | 104 | 93 | 101 | 100 | 104 | 120 | 129 | 130 | 3.9% | +0.8% |
| Peru | 143 | 128 | 87 | 97 | 97 | 100 | 108 | 110 | 3.3% | +1.9% |
| Other | 1,273 | 1,335 | 1,188 | 1,197 | 1,160 | 1,292 | 1,286 | 1,260 | 38.2% | −2.0% |
| World total (USGS) | 3,300 | 3,300 | 3,030 | 3,090 | 3,060 | 3,250 | 3,280 | 3,300 | 100% | +0.6% |
For beginners: how to read precious metals "production"
What the numbers mean and what to look for alongside pricesWhat is precious metals "production"?
It is the amount newly extracted from mines in a given year. Gold, silver, platinum and palladium are finite resources, and the U.S. Geological Survey (USGS) compiles production by country every year from government and company reports. If demand grows while production stalls, the market tends to tighten; if production is concentrated in a few countries, conditions in those countries can affect global supply.
What makes up market supply
Breakdowns of recycling and demand are published by the World Gold Council (gold) and the Silver Institute (silver).
Profiles of the four metals
Gold
XAU- Jewelry
- Investment (bars, ETFs)
- Central banks
Production is spread widely; the least concentrated of the four
Silver
XAG- Solar panels
- Electronics
- Jewelry & silverware
- Investment
Mostly a by-product of copper, lead and zinc mining, so output responds little to silver prices
Platinum
XPT- Diesel catalysts
- Jewelry
- Chemicals & glass
- Fuel cells
Concentrated in South Africa; vulnerable to power shortages and mine disruptions
Palladium
XPD- Gasoline catalysts
Most demand is for gasoline catalysts, so the EV shift matters. Output is concentrated in Russia and South Africa
* Shares are USGS figures for 2025 (est.), as a percentage of world mine production.
Three steps to reading the charts
Use the bar heights to see whether output is rising or falling. The latest year is an estimate.
See "Production and price trends" ↑How large a share do the top countries hold? The more concentrated, the more their local conditions affect supply.
See "Production and share by country" ↑If production is flat but prices move sharply, the main reason likely lies on the demand side (including investment and financial factors).
See "How much have they changed?" ↑Glossary
U.S. Geological Survey (USGS)
An agency of the U.S. Department of the Interior. Its annual "Mineral Commodity Summaries" report world production by country for about 90 minerals.
Estimate (e)
A projection of the year's production made shortly after the year ends. It is replaced by actual data in later editions and may change.
Tonne (t)
The unit of production. 1 tonne = 1,000 kg. Platinum and palladium are reported in kg in the source and converted to tonnes on this page.
Troy ounce (oz)
The unit for precious metals prices (1 troy ounce ≈ 31.1 g). One tonne is about 32,150 troy ounces. Prices such as XAUUSD are in U.S. dollars per troy ounce.
Platinum group metals (PGMs)
Six metals with similar properties, including platinum and palladium. Because they are mined together from the same ores, the USGS covers them in one report.
Share
A country's percentage of world production. The higher the share of the top few countries, the more concentrated supply is.
Each year's production uses the actual figure from the edition published two years later; only the latest year is an estimate (e). Platinum and palladium are converted from kg to tonnes. The world total is the USGS published (rounded) figure and may differ slightly from the sum of countries ("Other" in the charts is the sum of non-top countries and the USGS "Other countries"). Today's price is intraday.
Data updated: 9/29/2026, 7:50:15 AM ET