The best places to find gold in Victoria
Don't miss a golden opportunity. These are the best places in Victoria to find gold, plus five tips for getting your gold digger on.
Imagine walking through the forest and stumbling on a shiny rock that turns out to be a gold nugget. It's happened before, and it's possible it could happen again.
And with gold prices around $2600 an ounce (about 28 grams) in 2022, Victoria may not exactly be in the grip of a second gold rush, but there is certainly a revival of fossickers trying to strike it rich.
It is estimated that as much as 75 million ounces of gold remain in Victoria, in meaty nuggets buried deep in the ground or alluvial fragments drifting in our streams and rivers. That’s equivalent to the total amount of gold discovered since the start of the gold rush in 1851.
Sometimes the gold is just lying on the ground, practically in plain sight. Just two years ago, on Mother’s Day in 2019, a girl kicked a 264-gram nugget lying on a well-trod path near Bendigo that had been overlooked by who knows how many passers-by. That same year, a man pocketed $130,000 after digging up a two-kilogram nugget somewhere near Ballarat – he was so surprised by his good fortune he christened his find ‘You Wouldn't Believe It’.
Now, to help aspiring prospectors try their luck and encourage visitors to explore regional Victoria, the state government has produced a new, free Guide to Recreational Prospecting in Victoria.