How much gold does Australia produce and export?
Australia is the 3rd largest producer of gold: 280 tonnes in 2025, 8.5% of the world's 3,300 tonnes (USGS MCS). It is the 5th largest exporter by value: $30.3 billion in 2024, 5.2% of world exports of gold (HS 7108) (CEPII BACI). Its biggest customer is the United Kingdom, which takes 19% of its gold exports by value.
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Australia's gold production
| World rank | Production (tonnes) | Share of world | Ten-year growth | Year |
|---|---|---|---|---|
| 3 | 280 tonnes | 8.5% | — | 2025 |
USGS Mineral Commodity Summaries, MCS 2026.
Australia's gold exports
| World rank | Export value | Share of world exports | Quantity (tonnes) | Average value per tonne | Year |
|---|---|---|---|---|---|
| 5 | $30.3 billion | 5.2% | 541 t | $56,040,441 | 2024 |
CEPII BACI international trade database (HS22, V202601), HS 7108 (Gold, unwrought or in semi-manufactured forms).
Where Australia's gold goes
| Destination | Value | Share of Australia's exports |
|---|---|---|
| United Kingdom | $5.6B | 19% |
| Switzerland | $4.6B | 15% |
| China | $4.0B | 13% |
| Hong Kong | $3.7B | 12% |
| India | $3.0B | 9.8% |
Australia as a buyer of gold
Australia imported $6.5 billion of gold (HS 7108) in 2024, 1.1% of world imports, ranked #14. Of its $6.5 billion of gold imports in 2024, 38% came from Papua New Guinea and 18% from the United States, among 38 suppliers.
The gold price Australia sells into
The benchmark price, London PM fix, was $4,319/troy oz in September 2026, up 18% over twelve months. Its five-year volatility is 14% a year, calmer in 64% of its earlier five-year windows. A single country's export price can differ from the benchmark: see trade price against benchmark. Monthly averages lag the market and are not investment advice. Gold price history.
Cite as: Commodity Origins, "Australia gold: production, exports and prices", https://commodityorigins.com/countries/AUS/gold/ (CC BY 4.0). Rankings count only countries reporting to the sources named; this page is shown only for top-five producers or exporters with at least 3% of the world total. Report an issue with this page.