Is gold running out? How much gold is left on earth?
Humanity has been fascinated by the yellow metal for thousands of years and has been mining it from the depths of the earth. gold is not just a metal, it is the only asset that has provided investors with excellent returns over time. Even in today's modern era, the fame and value of gold as a safe investment have not diminished. In the current environment, the price of gold continues to rise. Central banks around the world are storing tons of gold. Investors are investing large amounts of money in gold funds. The passion for gold among the common people is still at its peak. But, an important question arises. How much gold is left on this earth? This has been revealed by new technologies including artificial intelligence (AI) and new possibilities of gold mining. For thousands of years, man has been yearning for gold hidden somewhere deep in the earth. As part of this, various intensive mining activities have taken place all over the world. During this long historical period, man has mined millions of tons of gold from the earth. 'Is there still gold left?' This question is always asked in discussions related to gold. Both in the past and today, the answer to this question is 'yes'. Despite slight differences in the figures provided by various geological organizations and global research institutions, the fact is that there is still a considerable amount of gold to captivate man in the depths of the earth. In particular, new techniques such as Deep-Earth Scanning and Artificial Intelligence-based mining technologies (AI-powered mining) have become a great help to mining companies today. Using these sophisticated techniques, efforts are being made to find and extract previously inaccessible gold deposits. New Generation in Historical Gold: In history, a phenomenon known as the 'Gold Rush' took place all over the world as part of the discovery of gold deposits. The great gold rushes that took place in California, America, Australia, south africa , and canada in the 18th and 19th centuries are notable. Many people made serious efforts to extract gold from the earth. Today, gold is an important metal in electronics and green technology. Due to this, the demand for new gold mines has increased tremendously. Efforts to extract the remaining gold in the world are now being carried out more intensively. How much gold is left on earth?: According to data provided by the united states Geological survey (USGS), about 206,000 tons of gold have been mined worldwide so far. At the same time, according to the World gold Council, this number is 239,391 tons. More than half of this mined gold has been converted into jewelry and reached gold shops. The rest of the gold is being preserved as coins, bars, and reserves of the world's central banks. Statistics on the remaining gold: According to the USGS: Only about 70,550 tons of gold are yet to be mined profitably. According to the World gold Council, this figure is 60,370 tons. In addition, about 145,626 tons of gold have yet to be mined on Earth. But it is not certain whether it is possible to extract this profitably. According to information released by the Royal Mint, there are about 441 million tons of gold in the Earth's crust. Since these are so widely distributed between rocks and molecules in seawater, it is almost impossible to obtain them technically and economically. If we add up the available gold , the gold that has been mined so far, and the gold that can be mined, the total gold available in the world today is estimated to be only about 277,000 to 299,000 tons. Russia, Australia, and south africa have the most gold to be mined. At the same time, china is the world's largest gold producer. Despite these figures, scientists believe that 99% of the total gold on Earth is stored in the Earth's inner core. However, since humans cannot fully reach this deep gold reserve, the gold in the Earth's crust is the only resource that is accessible to us. Therefore, the future value of gold may increase further and new technologies may revolutionize this gold hunt has created expectations. Overall, it can be said that the gold rush will never decrease. There is no change in the fact that the price will continue to rise.
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