All minerals
    79
    Au
    Gold
    AdequateBase metals & gridSupporting

    Gold

    Beyond bullion, gold plates connectors and bonds chips. Listed as a strategic mineral by China.

    Supply risk index
    27
    / 100
    Top producer
    China
    12%
    China share
    12%
    US import reliance
    —
    World output 2025
    3,300 t
    +1% y/y
    On national lists
    1 / 10
    1 strategic
    Why it matters for AI infrastructure
    Supporting — Indirect or minor role (structures, alloys, niche parts)

    Gold wire bonding and connector plating in electronics.

    Adequate
    Diversified, well-supplied market
    Export controls
    TanzaniaConcentrate export ban (2017)
    VenezuelaExport ban (2024)

    Where it's produced

    Share of 2025 world mine production (metric tons). Source: USGS MCS 2026.

    Share of world output
    China
    12%
    Russia
    9.4%
    Australia
    8.5%
    Canada
    6.1%
    United States
    4.8%
    Ghana
    4.5%
    Mexico
    4.2%
    Kazakhstan
    3.9%

    Where the reserves are

    Share of known economic reserves (metric tons). World total: 66k t. ≈ 20 years at 2025 output.

    Australia
    20%
    Russia
    18%
    South Africa
    7.6%
    Indonesia
    5.5%
    China
    4.8%
    Canada
    4.8%
    United States
    4.5%
    Brazil
    3.8%

    Who calls it critical

    Membership on each government list. “Strategic” marks a higher tier where the list has one; “group” means included as part of a group such as rare earths or PGMs.

    CN
    China
    Ministry of Land and Resources (now Ministry of Natural Resources) · 2016
    strategic
    US
    United States
    Not listed
    DOE
    United States (DOE)
    Not listed
    EU
    European Union
    Not listed
    GB
    United Kingdom
    Not listed
    JP
    Japan
    Not listed
    KR
    South Korea
    Not listed
    IN
    India
    Not listed
    AU
    Australia
    Not listed
    CA
    Canada
    Not listed

    Gold: key questions

    Where is gold mined or produced?
    According to USGS 2025 data, the largest producers are China (12%), Russia (9.4%) and Australia (8.5%) of world mine production.
    Is gold a critical mineral?
    Gold appears on 1 of the 10 official lists we track (China).
    Is gold in short supply?
    Our supply status: Adequate. null
    Why does gold matter for AI infrastructure?
    Gold wire bonding and connector plating in electronics.