Golden Buddha (statue) Golden Buddha (statue) The Golden Buddha, officially titled Phra Phuttha Maha Suwana Patimakon (), is a gold statue, with a weight of 5.5 tons (5,500 kilograms). It is located in the temple of Wat Traimit, Bangkok, Thailand. At one point in its history the statue was covered with a layer of stucco and coloured glass to conceal its true value, and it remained in this condition for almost 200 years, ending up at what was then a pagoda of minor significance. During relocation of the statue in 1955, the plaster was chipped off and the gold revealed. The origins of
Largest gold companies gold production in 2008 declined by 50 tonnes despite a strong showing in market price. Total production cash costs were up 4.1% industrywide in the third quarter of 2010 to US$585 per ounce of gold mined. The lower price of gold in 2013 is expected to impact gold production in the coming years; Barrick Gold is slowing construction at one of its largest gold projects Pascua Lama (18m ounces of gold, 676m ounces of silver) while in Australia mines are being shuttered by companies in an attempt to curb costs. In 2016, five of the world's 10 largest producing regions