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Gold is an attractive means of helping investors diversify their portfolios. Its relative scarcity supports its long-term investment appeal. But its market size is large enough to make it relevant for a wide variety of investors, from individuals to …
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The World Gold Council estimates that miners have historically extracted a total of 201,296 tonnesof gold, leaving another 53,000 tonnes left in identified underground reserves. If all of the above-ground gold were stacked beside each other, the resulting cube would only measure 22 …
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Since gold is virtually indestructible, pretty much all of that gold is still around in some form or another. Each year, global gold mining adds approximately 2,500-3,000 tons to the overall above-ground stock of gold. Estimating how much gold remains in the ground is a difficult task. Analysts say known reserves total about 54,000 tons.
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How Much Gold is the Earth's Crust? Nobody really knows. Determining the exact amount of gold in the Earth's crust is very difficult due to the different types of rocks, unequal gold concentrations across various regions, and the vast size of the planet.
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