đĄ Saudi Arabia Discovers 8âŻMillion Ounces of Gold in 2025
Saudi Arabia reported a major gold discovery in 2025 â 8âŻmillion ounces of gold, marking a significant boost for the Kingdomâs mining sector amid historic price gains and rising global demand.
Key Facts:
đȘ Massive gold find: Saudi Arabia discovered 8âŻmillion ounces of gold over 2025, according to the Saudi Gold Refinery Co. chairman.
đ Historic gold price boom: Global gold prices surged over 64% in 2025, with averages between $3,400â$3,500/oz and peaks near $4,500/oz late in the year.
đ ïž Production & refinery plans: Saudi Gold Refinery aims to process more gold locally and increase domestic production share toward 50âŻ% by 2030.
Expert Insight:
This huge discovery comes as gold prices reached multiâyear highs driven by central bank demand, geopolitical tensions, and investment interest â placing Saudi Arabia as a growing player in the global gold market.
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