Saturday , July 24 2021

How much gold is on earth?

For thousands of years, gold is eager and is considered special. Purchased, traded and stored as a wealth for generations around the world. About 190,000 tons of gold have been exploited in history. To accomplish the imagination, it would mean a 21.4-meter cube.

In addition, research shows that there are still about 54,000 tons of gold reserves in the underworld waiting to be exploited.

This meter is considered so valuable that, unlike other items, almost every ounce of miner's gold available on earth is owned by man.

Of the total gold, over 90,000 tons, almost half of the total, is used in the jewelry sector. There are private investments in which 40,000 tons are used, and governments of the world have a total reserve of 32,000 tons of gold.

It is true that most gold is used to make jewelry, but there are many industries that use more or less of this precious metal. We are talking about 27,000 tonnes here, and most of it goes to the IT industry. Electronic factories sometimes use up to 12% of tonnes per year.

However, it happens, however, that most of the gold used for devices will reach the garbage dump. 7% of the total gold that is drawn in time is at landfills. It is dumped with electronic products containing precious metals. And the amount of lost gold can be increased proportionately by selling phones and tablets.

According to the World Gold Council, by the year 2025, two million tons of electronics will be available at landfills around the world, all of which have more or less amounts of gold and other precious and rare materials.

Returning to gold reserves around the world, besides 54,000 tons of unused, it is estimated that at least 20 million tons of gold will be counted in the sea. An enormous amount for which no extraction technology still exists. Whoever will invent it will be the ultimate alchemist.

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