The gold landscape is complex and evolving continuously. Petronet has established its supremacy in the international gold market by providing the best buying, selling and investment solutions. We serve more than 100+ countries across the globe. Here are some of the prominent ones.

1. Switzerland: Switzerland is the biggest exporter and importer of gold in the world. The net worth of gold exported in this country has already crossed the $101 billion mark. We have extensive networks with gold miners, refiners, smelters, and other manufacturers that enable us to deliver the best value for gold to our customers.
2. United Kingdom: The United Kingdom is one of the largest buyers in terms of gold after Switzerland and China. The country does have stable local gold reserves, but they are scattered in small amounts throughout the country. The country is also known for its extensive commercial gold mining operations.
3. United States of America: The USA is the third largest gold-producing nation in the world with the highest number of gold mines. Nevada (US State) is the major contributor with 7 of the top 10 US mines located in this state.
4. China: After the inception of the Shanghai Stock Exchange, China has become a leading player in the physical gold market. Continuous growth has been recorded in China’s gold reserves every year.
5. India: Due to a strong cultural affinity for gold, India is the second largest consumer of gold globally. There is an annual demand for gold of 800-900 tonnes in India.
6. South Africa: South Africa is the growing leader in gold mining. Currently, it is the fifth largest gold-selling/exporting country in the world. It has some of the most prominent and deepest gold mines in the world.
7. UAE: renowned as one of the largest gold trading hubs internationally, UAE imports approximately 1000 tonnes of gold annually. Online trading is more prominent in the UAE than offline.
8. Canada: Canada is one of the most consistent players in the world gold trade market. Canadian mining is well known for its 100% ethical mining practice. Thereby, offering gold of the highest quality.
9. Russia: With the second largest gold mine reserves in the world, Russia is one of the biggest gold importers. Russian gold is majorly imported to countries such as the UK, Kazakhstan, Singapore, and Switzerland.
10. Germany: Germany has the largest gold holding in Europe. It is also one of the major importer nations of gold. When it comes to the highest per capita ownership of gold, the Federal Republic of Germany tops the charts.
11. Italy: Gold is the 30^th major exported product in Italy. The districts in Valenza, Arezzo and Vicenza are also called gold districts as major gold is traded here. Italy’s major gold is stored either in the US or in the Head office of the Bank of Italy.
12. Australia: Western Australia is the largest gold-producing state (accounting for 68%) in Australia. Gold is the fifth largest exported commodity which is exported to over 55 countries across the globe.
13. Singapore: Singapore contributes a lot to the world gold trade industry with Cambodia, China and Malaysia being the biggest export destinations. The dynamic and thriving gold industry in Singapore is well known for its security and high standards.
14. Hong Kong: The gold market in Hong Kong is one of the most active markets for selling and buying physical gold such as bars, bullion, coins and more. Hong Kong also serves as the largest trade hub for precious metals trading.
15. Japan: Last Year, Japan alone produced 5000 kg of Gold. Hishikari mine is a commercially operated mine that produces gold at an average grade of 80 grams per tonne. The lowered interest rates have significantly triggered the demand for this yellow metal in Japan.