Gold

$2679.69 (AUD/oz)
Gold – Weekly Chart
Gold – Yearly Chart

About Gold

  • Australia is the world’s second largest gold producer and largest exporter with total gold exports (mined and refined) of $20 billion in 2017-18 (Source; Minerals council of Australia, 2018)
  • Australia has 17% of the worlds known gold resources, 66 gold mines across Australia, and accounts for around 9% of global production. A record 317 tonnes was produced in 2018 (Source; Minerals Council of Australia, 2018)
  • Western Australia accounts for around 70% of Australia’s total gold production. (Source; Gold Industry Group, 2019)
  • The majority of Australia’s gold is exported to China, the United Kingdom, Hong Kong, Singapore and India.(Source; Minerals council of Australia, 2018)