Archive · 15 Jan 2026
Saudi Arabia Discovers $36 Billion Gold Reserve
Saudi Arabia found a huge amount of gold, about 7.8 million ounces, which is worth $36 billion.
This is a really big deal because it's one of the largest gold discoveries in recent times.
A company called Maaden, which is supported by the Saudi government, found the gold after looking in many places.
The gold was found in four different spots in Saudi Arabia.
This discovery is important because it shows that Saudi Arabia has a lot of valuable resources.
Saudi Arabia discovered 7.8 million ounces of gold worth $36 billion.
The discovery was made by Maaden, the kingdom's state-backed mining company.
The gold was found across four sites within Saudi Arabia.
The find is considered one of the most significant in modern mining history.
The discovery resulted from an extensive exploration program.
- Who
- Saudi Arabia's state-backed mining company, Maaden
- What
- Discovered 7.8 million ounces of gold worth $36 billion
- When
- Recently (exact date not specified)
- Where
- Four sites within Saudi Arabia
- Why
- Result of an extensive exploration program
- Gold Reserve
- 7.8 million ounces
- Estimated Value
- $36 billion
- Discoverer
- Maaden (Saudi mining company)
- Discovery Locations
- Four sites in Saudi Arabia
- Significance
- One of the most significant in modern mining history