Gold China
Gold China
Where is Gold Found
Gold is found in many places around the world. Known as one of the best ways to protect wealth from economic downturns gold is one of the safest investments out there. Some of the places on earth that have the most reserves of gold in the ground are South Africa, Australia, United States, and China. Some nations usually have an increase of gold production like the United States, and China while others experience a decline in production.
South Africa in the 1970s, mines produced well over half of the world’s new gold. Today South Africa’s mines produced a little over ten percent of the world’s new gold. China in the 1970s produced less than one percent of the world’s new gold, but today is the world’s leader in gold production beating South Africa by a few percentage points. With new mines being develop or older mines being depleted, it would not be a surprise if the leader of gold production fluctuates between South Africa, Australia, China, and the United States.
The place in South Africa that is estimated to have the largest reserves of gold still in the ground is The Witwatersrand Basin also known as the Rand. The place in Australia that is estimated to have the largest reserves of gold still in the ground is Western Australia. The place in China that is estimated to have the largest reserves of gold still in the ground is Shandong. The place in the United States that is estimated to have the largest reserves of gold still in the ground is Nevada. These places are subjected to change with depleted mines and discovery of new ones. For more information on topics like this a good website is
Where is Gold Found, you can also see a top ten list of the world’s top gold producing nations to answer the question, where is gold found?
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For more information on topics like this a good website is Where is Gold Found, you can also see a top ten list of the world’s top gold producing nations to answer the question, where is gold found?
Chinese dumping worthless currency for gold (17May10)
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