IBIS InGold

⛏️ Is the world running out of gold?

According to data from the World Gold Council, global mine production reached around 3,672 tonnes in 2025 – the highest level in available historical records. However, the year-on-year increase was only about 1%, suggesting that production growth is slowing significantly.

Why?

Gold mining is becoming increasingly challenging:

• new deposits are harder to discover
• many potential regions are geopolitically unstable
• permitting processes are getting longer
• project costs are rising
• financing mines in remote areas is complicated

The result?
Gold production may soon reach a plateau rather than continue growing significantly.

This does not mean the world is running out of gold.
Analysis by the World Gold Council suggests that gold is unlikely to be depleted in the foreseeable future. However, extracting it will become increasingly difficult, slower, and more expensive.