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In 2025, Russian gold production was estimated at *** metric tons, the same as the previous year. Over the observed period, the production volume peaked in 2021 at *** metric tons. Between 2014 and 2018, the figures increased each year. 

Russia’s position in global gold mining

Russia plays a major role in the global gold mining industry. The country is among the three largest gold producers worldwide. In 2025, its mine production of gold was lower than that of China. In total, Russia accounted for ** percent of global gold production in 2021. Furthermore, it is among the leading gold exporters, having supplied gold worth **** billion U.S. dollars to other countries in 2025. 

How many gold reserves does Russia have?

Russia possesses some of the largest mine reserves of gold, which are measured at * metric tons as of 2025, slightly below the reserves of Australia. The two top the global ranking of gold-holding countries.