In this article, we will talk about things you may not have heard about before about gold
1: The amount of gold extracted above the surface of the earth is estimated at about 201,000 tons of gold around the world, and if it is melted, it will be a cube of only 22 meters long on each side.
2: The largest nugget of gold found so far was in Australia in 1869, and weighing more than 78 kilograms.. It was called "The Welcome Stranger."
3: There are only 53 thousand tons of gold in the specific underground reserves, and this indicates the scarcity of its presence on the earth, as it constitutes only about 4 parts per billion of the earth’s crust.
4: The largest gold mine in the world in terms of reserves and production is the "Muruntau" mine in Uzbekistan. Its reserves are estimated at more than 150 million ounces of gold, and production of more than 2 million ounces of gold annually. Its length is about 3.3 km, its width is 2.5 km, and its depth reaches For about 600 meters, but the deepest gold mine in the world is the Mboneng mine in South Africa, with a depth of more than 4 km.
5:46% of the gold extracted above the earth’s surface is kept in the form of jewelry with a volume exceeding 93 thousand tons, and 22% of it is found in bullion, coins and gold-backed ETFs at about 44,000 tons. Central banks account for 17% of the gold found on the surface of the earth, with a volume of more than 34,000 tons.
6: Gold is used in various industries that represent more than 29 thousand tons, or approximately 15% of the total gold found above the surface of the earth, and the most prominent of them are found in the technology sector, for example, an iPhone has about 0.034 grams of gold, and it is included in some medical uses, and there In the human body, about 0.2 milligrams, most of it is in the blood
7: Gold is very dense, a cubic foot of it weighs half a ton, and one ounce of gold can be drawn and turned into a wire 50 miles long, equivalent to about 81 kilometers, or hammered to turn it into a plate covering an area of 100 square feet.
8: The chemical gold symbol, AU, is derived from the Latin word Aurum, which means "brilliant dawn."
9: Gold is a strong safe haven against economic crises, as it has achieved increases of about 10% annually on average since 1971, and after the global economic crisis in 2008, it crossed the thousand-dollar barrier for the first time in February 2009, and crossed the two-thousand-dollar barrier for the first time in its history in July 2020 For its attractiveness amidst ultra-low interest rates, and fiscal stimulus to protect economies affected by the global pandemic.
10: Gold has 5 karat according to the degree of its purity. Gold is very flexible and a mixture of other metals such as copper, zinc, silver and nickel is added to it to be more solid and easy to form in different industries, but 24 karat is considered the purest gold karat with a purity of 99.9%, followed by 22 karat with a purity of 91.67%, then 18 karat with a purity of 75%, karat 14 with a purity of 58.3, and karat 10 with a purity of 41.7%
Finally, I hope you will benefit from this article
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