Gold Mining in India

2025-02-22

India has several sources of gold, both from mining and from recycling. Some of the prominent gold sources include:

1. Gold Mining

India is not one of the largest producers of gold globally, but it still has some significant gold

mines. Key gold mining areas include:

  • Rajasthan:
  • Kolar Gold Fields: Though these fields are largely exhausted, they were once one of the most productive gold mining areas in India.
  • Hutti Gold Mines: Located in Karnataka, this is one of the few operating gold mines in India.
  • Sundri Mines in Rajasthan is another notable site.


  • Karnataka:

Hutti Gold Mines: This is one of India’s oldest and most significant gold mining operations. It is located in the Raichur district of Karnataka and has been operational for over 100 years.


  • Jharkhand:

There are also gold deposits in parts of Jharkhand, though mining activities here are limited.


2. Recycled Gold

India is one of the largest recyclers of gold, especially due to its tradition of gold jewelry.

Recycled gold comes from various sources, such as:

  • Old jewelry that people sell or melt down.
  • Gold recovered from electronic waste.
  • Gold that is part of old coins or artifacts.


3. Gold Imports

While India has some domestic gold sources, the country relies heavily on gold imports to meet its demand. India imports gold mainly from:

  • Switzerland
  • United Arab Emirates (UAE)
  • South Africa
  • Australia

India is the second-largest consumer of gold in the world, after China, with a significant portion being used for jewelry, investment, and as a hedge against inflation.


4. Secondary Sources

  • Gold in Scrap: A large amount of gold comes from recycling scrap gold, especially from the urban population who sell old jewelry. This makes India a significant player in the global gold recycling market.