What is the country with the most gold reserves in the world?: Peru has 2,300 tons and is among the first places

He gold It has been consolidated as an essential resource in the world economy and finance of various countries, thanks to its intrinsic value, its versatility and its role as a reserve asset. In the case of Peru, this precious metal represents a historical pillar in its productive activities, which stands out for having 2,300 tons of reserves that still remain unimportant.

In 2023, Peru He occupied the eighth position worldwide in terms of gold reserves, according to statista data. Despite this remarkable place, the country distance considerably from the ranking leaders, who exceed 10,000 tons of this precious metal. Next, we are told more details about this classification.

What are the countries with the most gold reserves worldwide?

Australia and Russia They stood out for being the countries with the largest golden reserves not exploited globally in 2023, each with more than 11,000 tons available for extraction. Secondly, South Africa was found, which has less than half of the leaders’ reserves. USA and China They also appeared on the list of nations with significant amounts of gold without extracting. Next, the complete list is presented, based on statista data corresponding to 2023.

Country Reservations
(in tons)
Australia 12,000
Russia 11,100
South Africa 5,000
USA 3,000
China 3,000
Indonesia 2,600
Brazil 2,400
Peru 2,300
Canada 2,300
Uzbekistan 1,800

In the gold production ranking, Uzbekistan stood in an outstanding position, since it surpassed countries such as Mexico, Kazakhstan, Ghana and Mali. In 2023, the other countries on the list managed to accumulate a total of 9,200 tons of gold that have not yet been extracted.

What is the current situation of gold extraction in Peru?

The Ministry of Energy and Mines (MINEM) reported that, in 2024, the Gold production exceeded 107 million Fine gramswhich represents a 6.9% increase compared to the data of the previous year. In particular, MINEM indicated that the Yanacocha mining company headed the extraction of gold metal with more than 11 million fine grams, so it obtained 10.2% of the total participation.

Monthly gold production (TMF) between 2023 and 2024. Source: Ministry of Energy and Mines

Monthly gold production (TMF) between 2023 and 2024. Source: Ministry of Energy and Mines

Also, in the departmental field, freedom remained at the top of 32.8% of the national gold production. Arequipa occupied second place with 20.5%, while Cajamarca It was positioned thirdly with 18.6%. These data reflect the importance of these regions in the country’s atmosphere.

On the other hand, the National Institute of Statistics and Informatics (INEI) pointed out that gold is the second product that leads mining exports in Peru, only behind copper in 2024. In turn, the value of shipments abroad amounted to US $ 4,561 million with reais prices of 2007. The main destinations of exports of exports of gold Between January and November 2024, according to INEI, they are:

  • India: 30.5%
  • Canada: 22%
  • Switzerland: 18.7%
  • United Arab Emirates: 15%
  • China 6.3%
  • Others: 6.3

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Source: Larepublica

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