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Gold : prices, facts, figures & research
Commodity Numbers FAQs
How much gold is there?
In the world there are currently somewhere between 120,000 and 140,000 tonnes of gold ‘above ground’. To visualise this imagine a single solid gold cube with edges of about 19 metres (about three metres short of the length of a tennis court). That’s all that has ever been produced.
Divided amongst the population of the world there are about 23 grams per person, about 1.2 cubic centimetres each. This equates to about $250 - $350 worth per person on Earth, depending on the current price.
Well, I want more than my allotted 23 grams. I think I’m worth it. And FWIW, I think gold and silver should be restricted for use in jewelry and tableware — pretty stuff. We don’t need it wasted in no stinkin’ coins and bars. That’s my stand, and I stickin’ to it!