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🟡 Saudi Arabia Discovers 8 Million Ounces of Gold in 2025
Saudi Arabia reported a major gold discovery in 2025 — 8 million ounces of gold, marking a significant boost for the Kingdom’s mining sector amid historic price gains and rising global demand.
Key Facts:
🪙 Massive gold find: Saudi Arabia discovered 8 million ounces of gold over 2025, according to the Saudi Gold Refinery Co. chairman.
📊 Historic gold price boom: Global gold prices surged over 64% in 2025, with averages between $3,400–$3,500/oz and peaks near $4,500/oz late in the year.
🛠️ Production & refinery plans: Saudi Gold Refinery aims to process more gold locally and increase domestic production share toward 50 % by 2030.
Expert Insight:
This huge discovery comes as gold prices reached multi‑year highs driven by central bank demand, geopolitical tensions, and investment interest — placing Saudi Arabia as a growing player in the global gold market.
#SaudiGold #GoldDiscovery #commodities #OuncesOfGold #MarketNews $PAXG $XAG $XAU
Saudi Arabia reported a major gold discovery in 2025 — 8 million ounces of gold, marking a significant boost for the Kingdom’s mining sector amid historic price gains and rising global demand.
Key Facts:
🪙 Massive gold find: Saudi Arabia discovered 8 million ounces of gold over 2025, according to the Saudi Gold Refinery Co. chairman.
📊 Historic gold price boom: Global gold prices surged over 64% in 2025, with averages between $3,400–$3,500/oz and peaks near $4,500/oz late in the year.
🛠️ Production & refinery plans: Saudi Gold Refinery aims to process more gold locally and increase domestic production share toward 50 % by 2030.
Expert Insight:
This huge discovery comes as gold prices reached multi‑year highs driven by central bank demand, geopolitical tensions, and investment interest — placing Saudi Arabia as a growing player in the global gold market.
#SaudiGold #GoldDiscovery #commodities #OuncesOfGold #MarketNews $PAXG $XAG $XAU
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