Demand and supply

The best estimates currently available suggest that around 212,582 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 22 metres on each side.

Total above-ground stock (end-2023): 212,582 tonnes

  1. Jewellery ~96,487t, 45%
  2. Bars and coins (including gold backed ETFs) ~47,454t, 22%
  3. Central banks ~36,699t, 17%
  4. Other ~31,943t, 15%
  5. Proven reserves ~59,000t

Source: Metals Focus, Refinitiv GFMS, US Geological Survey, World Gold Council

Length and Frequency

Annual volume of above-ground stock of gold from 2010 to 2023

Update Schedule

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


Volume of gold stock is measured in tonnes.