Updated: 8:29 PM UTC, Jul 16, 2017

Gold, the Cultural Symbol of Wealth and Success

It is estimated that all the gold produced since the beginning of mankind would weigh a total of 163 000 tonnes. If all this precious metal would be melted down to form a cube, each side would not exceed 21 meters.

This is roughly equivalent to 5.6 billion troy ounces, or, in terms of volume, about 9020 m3 or a cube 21 m on a side. The world consumption of new gold produced is about 50% in jewelry, 40% in investments, and 10% in industry.

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