Above-ground stocks

Data categories: Holders and trends

The best estimates currently available suggest that around 190,040 tonnes of gold has been mined throughout history, of which around two-thirds has been mined since 1950. And since gold is virtually indestructible, this means that almost all of this metal is still around in one form or another. If every single ounce of this gold were placed next to each other, the resulting cube of pure gold would only measure around 21 metres on each side. 

This breakdown of the above-ground stock of gold includes a time series of how it has evolved since 2010, and the latest year-end estimate of below-ground stocks.

​Total above ground stocks: 190,040 tonnes

  1. Jewellery: 90,718 tonnes, 47.7%
  2. Private investment: 40,035 tonnes, 21.1%
  3. Official sector: 32,575 tonnes, 17.1%
  4. Other: 26,711 tonnes, 14.1%
  5. Below ground reserves: 54,000 tonnes

Source: Metals Focus; GFMS Thomson Reuters; US Geological Survey; World Gold Council

Length and frequency

Annual volume of above-ground stocks of gold from 2010 to 2017

Source

Above-ground stocks estimated using demand data from Metals Focus and GFMS Thomson Reuters. Estimate of below-ground gold stocks sourced from the US Geological Society (USGS).

Update Schedule

This data is updated annually, in conjunction with the publication of our full-year Gold Demand Trends report.

Units

Volume of gold stocks is measured in tonnes.