The word gold can make any person’s eyes light up. Well, they will really light up when you hear that there’s more than 165,000 metric tons of it! In 2011, this was the best estimate of the world’s total gold in weight. More than half of humanity’s gold has been mined from the earth in the past 50 years!
To break this down, almost four olympic sized pools could hold all the gold that has ever been mined. Also, if everyone on earth were to get their fair share in the world’s gold total, each person would receive five gold rings!
One major question is, how is this mined gold used? Just around 52 percent goes to the jewelry trade. Then, 18 percent makes up the total holdings of the world’s central banks. The rest fall to investments and industrial use. Gold is a powerful thing, and India leads the way at about 745 metric tons of consumption!
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