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How much gold is there in the World

The amount of gold in the world is finite and it is said that a total of 161,000 tonnes of gold have been mined in human history, as of 2009. Much of this is believed to be still in existence.

Gold Facts (& interesting information)

If all the gold ever produced in the world was formed into a single block its is said that it would form a cube with edges measuring 19 meters long.

  • 75 % would be made up of all the privately held gold coins, bars and jewellery in the world.
  • The other 25% being the World's monetary gold reserve, of which America’s gold reserve makes up one quarter. Fort Knox hides only a modest amount in comparison.

It is estimated that approximately 50,000 tonnes (about a third of what is already out) remains un-mined and would cost in excess of $300 an ounce to extract. The mining industry consensus is that large mineral deposit discoveries are now a thing of the past.

Recycling Gold: Recycling old gold reduces the pressure to continue mining and there reduces the impact on the environment.

Biting Gold: There is an age-old tradition of biting gold in order to test its authenticity. Although this is certainly not a professional way of examining gold, the bite test should score the gold because gold is a soft metal, as indicated by its score on the Mohs' scale of mineral hardness. The purer the gold the easier it should be to mark it.

Find out what your gold is worth >>

ForgottenGold.com Pays More!

We pay more for your old gold jewellery .

As heard on Pat Kenny's Today Show, on Wednesday 3rd of February, 2010, ForgottenGold.com pays more than any other national gold buyer. In fact Pat's researcher found during an annoymous survey that ForgottenGold.com pays up to 17% more than other national service providers. This is further proof that we are the leaders in the Irish Market.

Request a pack now and join the thousands who have received a cheque from us.

 

 

         
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