Where is gold located in the earth?

Gold is usually found embedded in quartz or gravel veins in streams of pleasure. It is mined in South Africa, USA. UU. (Nevada, Alaska), Russia, Australia and Canada.

Investing in a Gold IRA is a great way to diversify your retirement portfolio and take advantage of the stability of gold. Gold can be found on almost every continent on Earth. It also exists in small amounts in seawater and in the human body. The Witwatersrand basin is considered to be one of the richest gold fields ever discovered. It is found in South Africa and it is estimated that more than 40% of all gold has been mined in basin areas.

During the formation of the Earth, molten iron sank to its center to form the core. This took with it the vast majority of the planet's precious metals, such as gold and platinum. In fact, there are enough precious metals in the core to cover the Earth's entire surface with a layer four meters thick. Gold is found on every continent on Earth, except Antarctica.

The largest amounts of gold on Earth are found in the oceans, but it is not yet possible to extract gold from seawater. Despite the fact that gold can be found almost everywhere, there is very little gold compared to other elements on Earth. Until the early 1960s, most Western economies used the gold standard, a fixed quantity of gold that supported the value of a country's currency. In these two regions, South Africa has the highest concentration of gold and the city of Johannesburg is built on the largest gold deposit in the world.

Although the Kolar gold deposits have been closed for several years due to declining investment returns, this area of India is still believed to contain very rich gold deposits. South India has gold deposits because it has the second deepest underground gold mine in the world located in the Kolar region. With gold deposits in the United States, Canada and Mexico, the North American continent is developing as a gold-producing continent. Gold production is completely dominated by Carlin Trend in the state of Nevada and accounts for more than 80% of gold production in the United States.

Livermore found the first invisible gold at Carlin Trend and subsequent discoveries in Macedonia and China were called Carlin-type gold deposits. South Africa has the highest concentration of gold because Johannesburg has large amounts of gold deposits. The World Gold Council states that over 190.040 metric tons of gold have been mined throughout history.