Gold Mining: Gold is considered a symbol of prosperity all over the world. Everyone wants to have it. People save their gold. Everyone wants to decorate with gold. The process of gold mining is very expensive, that’s why it is so expensive. In today’s time, new things are happening all over the world to further increase the investment on gold. But, on the other hand, this thing is going to increase the concern that many experts say that most of the earth’s gold has been extracted. In such a situation, a question also arises that after all, how much gold has been extracted from the earth till now? Apart from this, we will also know how much gold is there in India?
How much gold has now been extracted from the earth?
According to the US Geological Survey, till now about 2 lakh tonnes of gold has been extracted from the earth and now only 50 thousand tonnes is left. Different organizations keep giving different data on how much gold is left in the earth, but there is only a slight difference in it. Which says that now only about 30% gold is left in the earth.
highest in 70 years
The surprising thing is that most of the gold has been extracted after the year 1950. Gold is such a metal, which practically does not get destroyed. Therefore, since mining, it is still present in the form of jewelry, gold coins, gold bricks and electronic goods (gold is useful as a conductor, which does not deteriorate) etc.
How much gold is there in India?
According to the World Gold Council, since the beginning of gold mining in the world, about two lakh tonnes of gold have been extracted till now. At present, China is at the top in the annual production and use of gold. According to the report of the council, there is an estimate of about 24 thousand tonnes of gold in India. Out of this, Indian women have 21 thousand tonnes of gold. This quantity is the highest in the world. This much gold is not even made by combining the reserves of the banks of the top five countries with the highest gold reserves.
Most of the gold in the country is preserved with women in the form of ornaments. After this some gold is deposited with banks and some is in temples. Every year around 3 thousand tonnes of gold is extracted from mining all over the world. From time to time it is also estimated that how much more gold is still there inside the earth and these figures keep changing from time to time.
Read this also – One second is worth it! All these Windows 11 shortcuts will save you a lot of time throughout the day