how much gold is there in the world.
tiny amount.
does that answer why there will never be a gold standard.
if the world was on a gold standard we would all be impoverished.
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How much above-ground gold (gold that has been mined) is there in all the world? The best estimate at the end of 2011 is that around 165,000 metric tons (or tonnes) have been mined in all of human history. That's about 181,881 ordinary tons or 363,762,732 pounds, or 5,820,203,717 ordinary ounces.
All The World's Gold Facts - Number Sleuth
www.numbersleuth.org/worlds-gold/
gold as a commodity will go up and down according to its perceived value but in the US we keep score in dollars.
