The World Gold Council estimates that miners have historically extracted a total of 201 296 tonnes of gold leaving another 53 000 tonnes left in identified underground reserves If all of the above ground gold were stacked beside each other the resulting cube would only measure 22 meters on each side which is a testament to the metal s rarity
Get PriceThat translates to about $ billion at Friday s spot price of $ and 3 150 000 ounces of gold or about 98 tons That s % of the GLD s supply and enough to fill % of an Olympic sized
Get PriceHow Much Gold Is There In The World There are 186 700 tons of gold on the surface of the earth which will be present is gold registered in 2024 Typically underground reserves of white gold are about 54 000 tons which is less than 30% of the gold already mined
Get PriceGold has been coveted for millennia for its beauty malleability and rarity According to the World Gold Council there are currently around 184 000 tonnes sitting in bank vaults government reserves and personal collections That sounds like an awful lot until you realise that just one cubic metre of the stuff weighs over 19 tonnes
Get PriceAccording to the USGS around 244 000 metric tons 244 000 000 kg or 537 927 920 pounds of gold have been found to date How much gold is left The underground reserve or unmined gold is around 57 000 metric tons Most of the gold above ground that contribute to the world s gold deposits as of 2024 are in the form of very rough estimates
Get PriceGoing back to our academic source Chris Thompson has made the educated guess that about 28 000 tonnes of gold are in private hands According to his number roughly 1/5th of total gold is held privately So where is the world s gold stored Mostly underground in central bank basements
Get PriceYou re probably vaguely aware that gold is scarce but how little gold actually exists in the world might surprise you According to the World Gold Council the best estimates suggest that as of the end of 2024 around 197 576 tons of gold had been mined throughout history About 2/3 of that total was pulled out of the ground since 1950
Get PriceFor the companies exploring for gold a deposit that has more than one gram of gold for every tonne of earth is an exciting prospect In fact in our 2024 report summarizing the world s gold deposits we found that the average grade of gold deposits in the world is around that amount about g/t Think about that for a moment
Get PriceThe World Gold Council estimates that remaining reserves worldwide amount to just 30% of what s been mined already 54 000 metric tons of gold in sufficient concentrations and buried
Get PriceThe fate of nearly $1 billion worth of gold silver and other precious metals stored beneath the WTC before 9 11 continues to baffle many To this day only $230 million has officially been accounted for All of that was retrieved from the previously mentioned two level 6 000 square foot vault maintained by the Bank of Nova Scotia
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
Get PriceTotal world resources of gold are estimated at 100 000 tons of which 15% to 20% is a byproduct resource South Africa has about one half of all world gold resources and Brazil and the United States have about 9% each
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 PriceThe World Gold Council estimates that remaining reserves worldwide amount to just 30% of what s been mined already 54 000 metric tons of gold in sufficient concentrations and buried at
Get PriceThe owns the most gold in the world 8 tonnes more than twice that of the next two countries Germany 3 tonnes and Italy 2 tonnes In 2024 gold mine production totaled about 210 tonnes down 11 percent from 2024 according to the USGS The estimated price tag of all that gold was $ billion
Get PriceAll recorded mined gold in human history amounts to approximately billion ounces or 205 238 metric tons To put this into perspective if every ounce of this gold were placed side by side the resulting cube of pure gold would only measure about 22 meters on a side says the World Gold Council According to the Vaneck Merk Gold Trust most
Get PriceHowever it is interesting to note that 190 000 tons have already been mined throughout human history which would suggest that four fifths of the world s gold supply has been mined so far New Technology New technology might improve access to gold reserves that are not currently reachable
Get PriceOnly Gold Currently they list the value of all the gold in the world as $ Or to save you having to count up all those digits that s just under US$9 Trillion It appears their value is based upon a total amount of gold of 140 000 tonnes This being all the gold ever mined in the world since the beginning of human history
Get PriceI have to put that into perspective and visualize what that much gold would look like So if all the gold in the world would fit into a meter cube or 66 feet inches square that would
Get PriceHow much Gold does the US have As of November 30 2024 the US Treasury claims that there is 261 498 926 oz of gold bullion in official US Gold reserves Among all nations in the world the official US Gold Reserves are the most significant amount of official gold claimed by one country by far Germany is 2nd with only 40% of the official gold
Get PriceThere are 33 tonnes of gold in the world in international reserves Today at a rough 2024 price of USD 1 all the gold in the world is worth trillion dollars Again that is at todays market price If every country liquidated its reserves and actually tried to sell it it is unlikely anywhere near this price would be reached
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Get PriceEstimates of how much gold there is in the world range from 170 000 tons to million tons But most scientists err on the side of caution and have suggested figures around the 200 000 tonne range Gold has been mined for over 6 000 years and has become an important part of contemporary society
Get PriceHis figure for the overall amount of gold in the world is 155 244 tonnes 16 056 tonnes or 10% less than the assessment by Thompson Reuters GFMS A relatively small disparity perhaps
Get PriceGold discoveries in the 1880s lead to a huge influx of immigrants across the next decade as the area experienced its own gold rush Australia produces an estimated 6% of the world s gold weighing in at 195 tonnes as of 2024 The Golden Mile is Western Australia s most successful gold deposit area and this is the location of the Super Pit
Get PriceRecently it is approximately 9 to 1 silver to gold Let s take a look at the following two charts As we can see in these two charts most of world gold and silver production has been extracted since 1900 For gold the world produced 91% of all gold since 1900 and 81% of all global silver production According to the best sources shown
Get PriceTo put that in perspective around 190 000 tonnes of gold has been mined in total although estimates do vary Based on these rough figures there is about 20% still to be mined But this is
Get PriceThis calculation results in 10 9 kilograms of gold in the ocean Using the conversion 1 kilogram = tons we reach the conclusion that there are about million tons of gold in the ocean assuming a concentration of 1 part per trillion If we apply the same calculation to the concentration of gold found in the more recent study
Get PriceThe Swiss National Bank the largest gold distribution centre in continental Europe before the war was the logical venue through which Nazi Germany could dispose of its gold [11] During the war the SNB received $440m $8b 2024 in gold from Nazi sources of which $316m $ 2024 is estimated to have been looted [12] [13] Vatican [ edit]
Get PriceWe ve included a resource that outlines who owns the most silver bullion in the world today if it s not central banks … global physical holdings of silver reached a reported 36 600 tons billion troy ounces [in 2024] compared with 33 200 tons billion troy ounces in 2024 Countries With Largest Silver Holdings
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