How much mined gold is there in the world?

About 244,000 metric tons of gold has been discovered to date (187,000 metric tons historically produced plus current underground reserves of 57,000 metric tons). Most of that gold has come from just three countries: China, Australia, and South Africa.

How much undiscovered gold is there?

The USGS reports that about 18,000 tonnes of gold remain undiscovered in the U.S., with another 15,000 tonnes having been identified but not mined.

How much gold is in the World 2020?

As of 2020, the world had 53,000 tonnes of gold in identified reserves.

Is there a finite amount of gold?

With gold having been in use since the dawn of history and new mining still occurring, it may seem strange to think of a day when there is no more gold to be extracted from the ground. Nevertheless, like any other limited natural resource, there is a finite supply of gold in the world.

Who owns all the gold in the world?

The United States
The United States holds the largest stockpile of gold reserves in the world by a considerable margin at over 8,100 tons. The U.S. government has almost as many reserves as the next three largest countries combined (Germany, Italy, and France). Russia overtook China as the fifth-largest holder of gold in 2018.

What country has the largest gold reserves?

the United States
As of December 2020, the United States had the largest gold reserve – more than 8,000 metric tons of gold. This was more than twice the gold reserves of Germany and more than three times the gold reserves of Italy and France.

What country has the largest deposit of gold?

China
Australia and Russia hold the largest reserves of gold Worldwide, the production of gold reached some 3,200 metric tons in 2020. China currently produces about 13 percent of the world’s gold.

Who owns the gold in Fort Knox?

The U.S. Department of the Treasury
All the 4581.5 tonnes of gold in Fort Knox is entirely owned by The U.S. Department of the Treasury.