Gold and silver are precious metals which have been valued since ancient times. In fact, with the current global economic crisis, many investors have become more interested in precious metals such as gold and silver. Though gold is currently worth much more than silver, some people believe the value of silver may increase drastically in the future. Here is a list of the top ten producers of gold and silver as of March 1, 2012:
5) South Africa
China is a large producer of gold and silver, first in gold and third in silver. Australia is also a large producer, second in gold and fourth in silver. The USA is third in gold and eight in silver. Russia, with a vast area, is third in gold and sixth in silver. Peru, a country with a much smaller area, is first in silver and sixth in gold. Mexico is not a top ten gold producer but is second in silver. Six countries are top ten producers of both gold and silver- China, Australia, the USA, Russia, Peru and Canada.