The demand for gold in South Africa amounted to nearly 25 tons in 2018. Of that amount, the demand for gold jewelry accounted for 12.2 tons. South Africa has some of the largest gold reserves in the world.
Gold demand in South Africa from 2013 to 2023, by end use
(in tons)
Characteristic
Jewelry
Investment (ETF)
Coins
2023*
14.9
6.7
8.4
2022*
14.3
6.6
7.9
2021*
13.9
6.5
7.6
2020*
13.4
6.5
7.3
2019*
13
6.4
6.9
2018
12.2
6.1
6.4
2017
13.1
5.7
6.6
2016
11.5
7.4
6.3
2015
8.7
5
2.2
2014
4
2.2
0.9
2013
4.4
1.6
1.5
Created with Highcharts 7.2.2Demand in tons4.44.4448.78.711.511.513.113.112.212.2131313.413.413.913.914.314.314.914.91.61.62.22.2557.47.45.75.76.16.16.46.46.56.56.56.56.66.66.76.71.51.50.90.92.22.26.36.36.66.66.46.46.96.97.37.37.67.67.97.98.48.4JewelryInvestment (ETF)Coins2013201420152016201720182019*2020*2021*2022*2023*
05101520253035
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Frost & Sullivan. (March 25, 2019). Gold demand in South Africa from 2013 to 2023, by end use (in tons) [Graph]. In Statista. Retrieved March 10, 2025, from https://www.statista.com/statistics/1032063/gold-demand-by-end-use-in-south-africa/
Frost & Sullivan. "Gold demand in South Africa from 2013 to 2023, by end use (in tons)." Chart. March 25, 2019. Statista. Accessed March 10, 2025. https://www.statista.com/statistics/1032063/gold-demand-by-end-use-in-south-africa/
Frost & Sullivan. (2019). Gold demand in South Africa from 2013 to 2023, by end use (in tons). Statista. Statista Inc.. Accessed: March 10, 2025. https://www.statista.com/statistics/1032063/gold-demand-by-end-use-in-south-africa/
Frost & Sullivan. "Gold Demand in South Africa from 2013 to 2023, by End Use (in Tons)." Statista, Statista Inc., 25 Mar 2019, https://www.statista.com/statistics/1032063/gold-demand-by-end-use-in-south-africa/
Frost & Sullivan, Gold demand in South Africa from 2013 to 2023, by end use (in tons) Statista, https://www.statista.com/statistics/1032063/gold-demand-by-end-use-in-south-africa/ (last visited March 10, 2025)
Gold demand in South Africa from 2013 to 2023, by end use (in tons) [Graph], Frost & Sullivan, March 25, 2019. [Online]. Available: https://www.statista.com/statistics/1032063/gold-demand-by-end-use-in-south-africa/
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