How much gold does Russia produce and export?
Russia is the 2nd largest producer of gold: 310 tonnes in 2025, 9.4% of the world's 3,300 tonnes (USGS MCS). It is the nullth largest exporter by value: $12.3 billion in 2024, 2.1% of world exports of gold (HS 7108) (CEPII BACI).
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Russia's gold production
| World rank | Production (tonnes) | Share of world | Ten-year growth | Year |
|---|---|---|---|---|
| 2 | 310 tonnes | 9.4% | — | 2025 |
USGS Mineral Commodity Summaries, MCS 2026.
Russia's gold exports
| World rank | Export value | Share of world exports | Quantity (tonnes) | Average value per tonne | Year |
|---|---|---|---|---|---|
| $12.3 billion | 2.1% | 279 t | $44,056,489 | 2024 |
CEPII BACI international trade database (HS22, V202601), HS 7108 (Gold, unwrought or in semi-manufactured forms).
The gold price Russia 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, "Russia gold: production, exports and prices", https://commodityorigins.com/countries/RUS/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.