2. How much gold is there in the world?
Globally, about 170,000 to 180,000 tons of gold have been unearthed since the dawn of mankind, according to Thomson Reuters GFMS. If you were to fuse all that gold into one large cube, it would have dimensions of less than 21 x 21 x 21 meters. While that is the most commonly used estimate, there are also other estimates of the total amount of gold in the world that differ by thousands or even tens of thousands of tons. The figures vary so much because the gold is spread all over the world in the form of jewelry, Gold bars, coins and decorations that it is unfeasible to count everything. One can also look at the historical gold production of gold mines, but these figures do not go back to ancient times. So it's still guesswork. Due to modern production techniques, the production of gold mines has increased significantly over the past hundred years. What is special about gold is that it does not decompose and that all the metal that was once extracted from the ground is still circulating.
How much gold is there in the world?
