Experts have estimated that we have less than 55 000 tons of gold left to discover Even so we cannot be sure how much of this amount is extractable We know that the earth s crust is gold in a proportion of about four parts per billion We also know that gold can be found and extracted from the ocean which is believed to contain about
Get PriceGold is 19 2 times denser than water and one cubic foot weighs 1206 pounds There are estimates that only 10% of the world s gold has ever been mined 12 24 2024 09 36 AM #6 DFF Banned Posts 3 348 Join Date Jan 2024 What are the dimensions of the SOL s base 12 24 2024 09 53 AM #7 Dr 3D
Get PriceIn 1970 South Africa s output accounted for 79% of the world s gold production By 2024 South Africa s share of world gold production had dropped to less than 8% Out of this amount there were 800 000 000 tones of gold bearing ore 4 Grade state secret The only info I could get is that the ore with gold content <2 g/t is
Get PriceCopper silver zinc and lead are also mined Newmont became the world s largest gold miner after acquiring rival Goldcorp for $10 billion in 2024 2 Barrick Gold With 16 active sites in 13 countries Barrick Gold Corporation is a gold and copper mining business Its headquarters are in Toronto Ontario
Get PriceUnfortunately the concentration lies on the order of parts per trillion making it extremely difficult to get Based on today s spot price of gold at $ 42 51 USD per gram that amount of
Get PriceOver 8 000 tons of gold are held in these vaults by the Federal Reserve and the Treasury Department; the totals are equivalent to 75% of total foreign reserves The current high production figures are due to the reopening of once defunct mines in Montana as gold prices have spiralled up in recent years 2 Australia 270 000 kilograms
Get PriceThe total value of all gold ever mined would exceed US$7 5 trillion at that valuation and using WGC 2024 estimates AND US debt alone = =$22 505 853 000 000 22 5 Trillion NOT INCLUDING unfunded liabilities check it out here VIEWER CAUTION is advised as VERY SCARY
Get PriceAlias 16 hr ago 1 According to the World Gold Council the estimated amount of gold mined throughout history is 190 040 metric tons That s enough to fill three Olympic sized swimming pools And if you were to melt down all of the gold ever mined and pour it into one cube it would measure just under 21 meters on each side
Get PriceBut with gold mine production falling by 1% from 2024 s figures to 3 531 tonnes in 2024 according to the World Gold Council the concept of peak gold when the world has mined the highest possible amount of the metal it can in any one year may not be far away
Get PriceAbove Ground Gold GFMS Ltd is the above ground gold market prognosticator and claims that the total amount of gold ever mined in the world is 180 000 tons 5 8B oz Historically this measure rises only as gold is pulled from the ground as reported by global gold mining companies around the world
Get PriceInaccurate recording of gold reserves as well as difficulties involved in tracking gold used as jewellery makes it hard to quantify the world s gold supply Gold mined by country In 2024 China mined the most gold at 404 tonnes Kazakhstan produced the least amount of gold at 68 tonnes with 1 000 tonnes in reserve
Get PriceTherefore the total amount of money in the world depends on how it is classified When money is considered as the physical coins bank notes and the ones deposited in both checking and savings accounts; the total amount globally is approximately $36 8 trillion However when this physical money includes the ones held in the accessible
Get PriceGold is also found in the sands of the Rhine the Reuss the Aar and other rivers and in small quantities in Sweden and Finland A little gold comes from Spain Corunna and Servia The gold bearing districts of Russia are 1 the Urals 2 Siberia Eastern and Western whilst an insignificant amount is also derived from Finland and from the
Get PriceWhat is the total amount of gold in the world ByVanessa Jun 9 2024 About 244 000 metric tons of gold has been discovered to date 187 000 metric tons historically produced plus current underground reserves of 57 000 metric tons Most of that gold has come from just three countries China Australia and South Africa
Get PriceNewfoundland and Labrador Athletes Lead Team Canada to Softball World Cup Gold Medal Game Sean Cleary image via Softball Canada Canada s Men s Softball Team is heading to the gold medal game in New Zealand thanks to efforts from a number of players from this province Canada defeated Cuba 2 0 with Sean Cleary of Harbour Main holding
Get PriceBetween all of the gold sources in the world current estimates suggest that roughly 2 500 to 3 000 tons of new gold is mined each year At present experts believe that the total amount of above ground gold in the world stands at just over 190 000 tons
Get PriceBecause gold is virtually indestructible the same amount that has been mined is estimated to be what is in the world today The World Gold Council breaks down how much gold is in the world into the following categories of total above ground stocks Jewelry 90 718 tonnes Private investment 40 035 tonnes Official sector 32 575 tonnes
Get PriceThe all time high was reached in 2024 with 2 600 metric tons of gold production worldwide The total gold mined from 1900 to the present is just under 141 000 metric tons Given that humans have mined a total of 165 000 metric tons over the course of history that leaves just 24 000 metric tons mined before the 20thcentury
Get Price[Additionally if gold prices go up gold becomes more economic to mine and more gold will be produced/mined] From sciencedirect com The timing estimate range for peak silver production is narrow in the range 2024 2024 with the best estimate in 2024
Get PriceAs of 2024 the world had 53 000 tonnes of gold in identified reserves Here s where all this gold lies Given their availability of reserves it s no surprise that Australia Russia U S and Peru are among the world s largest gold producers with only China having produced more in 2024
Get PriceGold output fell for the second consecutive year in Peru by 6 tonnes largely due to crackdowns on illegal mining operations in the La Pampa region Mining is a significant portion of Peru s economy and the nation is also number three in the world for copper production 7 Indonesia 154 3 tonnes
Get PriceSo gold weighs 19 3 kilograms per liter A liter is a cube that measures 10 centimeters about 4 inches on a side There are 32 15 troy ounces in a kilogram Therefore the world produces a cube of gold that is about 4 3 meters about 14 feet on each side every year
Get PriceHere is a rundown of some of the biggest individual owners of Gold in the world Note that this list does not include Gold bullion purchased by central banks or governments across the world Book your FREE Bullion Consultation Today Indian Families Collectively Indian households have the largest amount of gold in the world roughly 24 000
Get PriceThe World Gold Council for example estimates that the total amount of gold that s been mined is 165 000 metric tonnes Thompson Reuters says it s more like 171 300 tonnes But many disagree with some saying the total is actually just 297 tonnes and others saying it s more like 2 5 million tonnes
Get PriceRecent data from the World Gold Council shows that in 2024 the total amount of gold production was 3 478 1 tonnes 122 7 million ounces The ninth year in a row that it surpassed the mark of 3 000 tonnes of gold mined Here is a breakdown of how much each country from the top 10 gold producing ones mined in 2024 China 368 3 tonnes
Get Price9 Japan 765 2 2 4% Although Japan is the ninth largest gold owner in the world its 765 2 tonnes of the yellow metal account for just 2 4% of the island nation s total foreign reserves In the
Get PriceAnswer 1 of 7 At current prices all the gold ever mined 190 000 tonnes according to How much gold has been mined World Gold Council is worth about $10T twice as much as needed to back the Federal Reserve s issue of $4 5T However it is unlikely that the government could acquire enough
Get PriceTheir latest statistic stated that they believe there to be 171 300 tonnes of gold in the world This number is probably hard to wrap your head around If you melted down 171 300 tonnes of gold and molded it into a cube it would be 68 feet tall and 68 feet wide While a fairly reputable source the 171 300 is disputed and is only an estimation
Get PriceBecause there are a large number of gold buyers available Barrick is not dependent on selling gold to any one customer During 2024 the gold price ranged from $1 677 per ounce to a high of $1 959 per ounce Among the world s largest gold companies are Newmont Barrick Gold Polyus AngloGold Ashanti Kinross Gold Gold Fields
Get PriceThat means it would take nearly 77 million litres of seawater to accumulate a gram of gold That s a gold Sovereign for every 616 000 000 litres Needless to say it will be a long time before gold in the sea can be included in our figures for how much gold there is in the world This is why gold is so valuable and such an important investment
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