Ever wonder how much gold there is in the whole world? If every person on earth received an equal share of it, we would each have five gold rings. That doesn’t seem like much per person, but if all the gold that has ever been mined was put together it would fill 3.42 Olympic swimming pools. There are 165,000 metric tons of available gold in the world and most of it is made into jewelry, which seems slightly silly since it is a solid investment as gold prices have continued to rise over the years.
At the current price of gold, the total value of all the mined gold in the world is still less than the US national debt. China produces more gold than any other country and India consumes the most gold. According to Brook Larmer of National Geographic, more than half the world’s gold has been mined over the past 50 years and the richest gold deposits are being quickly depleted. That means there may never be enough mined gold in the whole world to cover the US national debt, even if the US owned all of it.
From: Number Sleuth