How much gold is there in the world? 🌍✨

The latest data from the World Gold Council shows that by October 2025, approximately 54,770 tons of gold will have been mined globally. That's a lot. The volume is about 1,600 cubic meters 🔍. It sounds like a lot, but in reality, it is very limited.

Really not much.

  • Melted into a cube, each side is only about 21 meters 📏
  • It can only fill up four and a half Olympic swimming pools 🏊

Gold is scarce, so it is valuable. 🌟 That is where its value lies!

Annual Mining Volume ⛏️

Each year, about 2,500 to 3,000 tons of gold are newly added. In 2024, China's production will be the highest, reaching 380 tons. Following that are Australia, Russia, Canada, and the United States. The United States' production seems to be only around 160 tons. Interestingly, Kazakhstan's gold production is growing rapidly, soaring from 69 tons in 2016 to 130 tons in 2024 📈. The growth is astonishing.

Future Extractable Reserves 🔮

The United States Geological Survey says that about 57,000 tons of gold are known to be extractable. But the Earth seems to hide even more:

  • There are about 20 million tons of gold in the ocean! The concentration is ridiculously low. There is only 1 gram of gold for every 100 million tons of seawater in the North Pacific. Extracting it is not worthwhile 🌊
  • There may be another 400,000 tons underground. It's hard to dig. 🏔️
  • Earth's core? There might be 16 quintillion tons of gold there. Oh my god 🔥

Active Gold Trading 💹

In 2024-2025, gold trading is very active. The London over-the-counter market accounts for about 70% of the global market. The trading volumes at COMEX, the Shanghai Futures Exchange, and LBMA are significant, and liquidity seems to be ample. The trading volume of gold ETFs is also quite good 📊.

The charm of gold is infinite. For thousands of years, humanity has been crazy about it. It might be because it is truly rare.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin