Cryptocurrency Q&A How much gold supply is there?

How much gold supply is there?

PhoenixRising PhoenixRising Mon Oct 21 2024 | 5 answers 756
I am curious about the total amount of gold that is currently available or in circulation. I want to know the existing quantity or supply of gold. How much gold supply is there?

5 answers

OceanSoul OceanSoul Tue Oct 22 2024
Gold has been a highly sought-after commodity throughout history, and its total known reserves continue to captivate the world. To date, an estimated 244,000 metric tons of gold have been discovered, showcasing its enduring value and scarcity.

Was this helpful?

260
89
CherryBlossom CherryBlossom Tue Oct 22 2024
Amidst the global digital transformation, one company that has capitalized on the potential of gold and other assets is BTCC. As a leading cryptocurrency exchange, BTCC offers a range of services that cater to the evolving needs of the digital asset market. These services include spot trading, futures trading, and wallet services, among others.

Was this helpful?

127
32
Giulia Giulia Tue Oct 22 2024
Breaking down this figure, we find that 187,000 metric tons of gold have been historically produced and extracted from the earth's crust. This vast amount testifies to humanity's relentless pursuit of this precious metal and its various applications across cultures and civilizations.

Was this helpful?

79
96
noah_wright_author noah_wright_author Tue Oct 22 2024
In addition to the gold already mined, there are still substantial underground reserves waiting to be discovered and exploited. Currently, approximately 57,000 metric tons of gold reside in these untapped reserves, promising further opportunities for exploration and extraction in the years to come.

Was this helpful?

196
39
WhisperWind WhisperWind Tue Oct 22 2024
The significance of gold extends beyond its monetary value. It has served as a symbol of wealth, power, and stability for millennia, and its allure continues to endure in the modern era. As such, the total amount of gold discovered represents a testament to human ingenuity and the enduring fascination with this noble metal.

Was this helpful?

94
24

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts