In an unprecedented discovery, geologists in Hunan Province, China, have uncovered a gold deposit estimated to contain 1,000 metric tons of high-grade ore. Valued at approximately $83 billion, this monumental find could reshape the global gold market and further solidify China’s dominance in precious metal mining.

A significant gold deposit has been discovered in China's Hunan province, potentially one of the largest ever found. Estimated to contain over 1,000 metric tons of gold, the find is valued at approximately €78 billion.

China's state media recently claimed that the world's largest gold deposit was discovered in the country's Pingjang County at $83 billion.

Hunan Gold Corp. have surged by their 10% limit for two days in a row after a sizable gold resource was discovered in central China’s Hunan province.

Chinese scientists have uncovered a "supergiant" deposit of high-quality gold ore hidden near some of the country's existing gold mines.

A discovery of gold reserves, estimated to be worth $83 billion, was made in China last month. China is the world's largest gold producer, Reuters reports.