Saturday , January 28 2023

How much gold is there on earth?


For millenniums gold was obtained and considered special. It was purchased, sold and retained as a wealth for generations throughout the world. 190 thousand tons of gold was used in history. To accomplish this fantasy, it means a cube with a 21.4-meter side.

In addition, according to the research, there are 54,000 tonnes of gold available to date.

This metal is considered to be expensive, unlike other products, all of the available olive oils are available to the human being.

In the jewelry industry, more than 90 thousand of the total gold fund, half of the total amount. There are 40,000 tons of private investment, and the government of the world has about 32,000 tons of gold.

Indeed, most of the gold is used to make jewelry, but there are many industries that use this metal more or less. Here we talk about about 27 thousand tons, most of which belong to the IT industry. Electronic factories sometimes produce up to 12 percent per year.

However, most of the gold used for gadgets is garbage. Over time, 7% of all gold produced is in garbage. It was thrown out with electronic products containing precious metals. And the number of recovered gold may increase proportionally with the phone and tablet sales.

According to the World Gold Council, by 2025, around two million tonnes of electronics will emerge around the world, all of which have smaller or larger quantities of gold and other valuable and rare materials.

In addition to 54,000 tonnes of gold returned to the world's gold reserves, it is believed that at least 20 million tons of gold dissolved in the sea. However, there is still no technology to produce. Who invented it will become so alchemist.

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