Do you know? At present, if the global gold stock is evenly distributed to all humans, each person can only get about 30 grams, less than one or two.
The data on China's per capita gold holdings is even more ugly, only about 3 grams, less than a dollar.
Gold in the vault
Gold is really scarce, no wonder it is so valuable.
However, recently China has good news, that is, Henan Tongbai County has found another extraordinarily large gold mine, the initial estimate of gold reserves is 31.55 tons, by the end of this year is expected to exceed 50 tons!
"Picking up gold"
Is gold so scarce because there is very little gold on earth?
The answer is no! The total stock of gold on Earth is about 400 million tons, accounting for about 150,000th of the earth's total mass. If all the gold on earth were to be distributed equally among everyone, then each person would have 5.5 million tons of gold, and all would have more than enough to build a house out of gold.
Since there is so much gold on the earth, why is it mined so little and the price of gold is still so expensive?
Here we will briefly talk about the source of gold: when the earth was formed in the early days of the earth billions of years ago, the earth was still a collection of minerals in a melting state. Countless small celestial bodies hit this polymer and formed one with this polymer, and finally slowly became our earth today.
The early days of the Formation of the Earth
These celestial aliens carry a lot of heavy metal elements, including gold. Due to the high density of gold itself (19.32 g/cm³), it can easily sink into the core of the Earth's interior during the Cooling Process.
The earth's core layer is 2900 kilometers to more than 6300 kilometers above the surface, and with the current mining capacity of human beings, it is much more difficult to mine gold in the core layer than it is for humans to fly out of the solar system.
The gold mines we are developing now are all on the surface layer. This gold comes from small bodies hitting the earth after the earth has cooled, or volcanic eruptions that carry a portion of the gold from the core to the surface.
Gold ore
Relative to the core of the Earth, the gold stock on the surface of the earth is pitifully small, not to mention that there are many things that have not yet been discovered by human beings. Therefore, the amount of gold developed by human beings is still very rare.
Due to the scarcity and extreme stability of gold, it is given this characteristic of money. In addition, due to the excellent physical and chemical properties of gold itself, it needs to be used on many cutting-edge precision instruments, and some parts are even difficult to replace.
Dog head gold
Therefore, although there is a lot of gold on the earth, it can be developed very limited, and the use is still very wide, so it is still so valuable!
Although the extra-large gold mines found in Henan, China, may be as much as 50 tons, but even if all this gold is excavated, the people of the whole country can get an average of 0.035 grams.
Gold mines
Now the price of gold, this bit of gold can probably sell for 10 yuan, not enough to eat a fast food. In other words, china's population is so large, the state to dig a huge gold mine, is not enough to invite the people of the whole country to eat a fast food.
Gold is expensive, not as many human factors behind diamonds, it is indeed expensive for a reason.