Top 7 Countries that are Largest Gold Producers

China

With 450.0 metric tons, China tops the list of Gold producers of the world. Unlike in India where gold is primarily used for jewelry making, in China it is used in manufacturing processes and retail. It has seen an increase of 6% in gold production. China has a large number of small scale mining operations whose numbers are dropping due to mergers and acquisitions by its larger gold mining companies. Zijinshan Gold & Copper Mine is the single largest producer of gold in the country. China also happens to be the top consumer of gold in the world and thereby most of the gold produced stays within the country.