Everyone loves gold.

It’s beautiful and humans have been using it for thousands of years. It also has amazing properties that make it very important in our daily lives today.

Here is everything you ever wanted to know about ... GOLD!

FAST FACTS

  • Gold is heavy - it weighs over nineteen times more than water.
  • Gold is quite soft. It is slightly harder than a fingernail but not as hard as a coin or glass.
  • Gold, like most metals, can be hammered into thin sheets or drawn out into thin wires. This has made gold sought after for a wide range of applications, like jewellery and in electronics. For example, gold is so soft and malleable that 1 gram of it can be pounded out to 1 square meter. An ounce of gold can be turned into wire 80 kilometres long.
  • Gold has been mined for about 6000 years. An estimated 190,000 tonnes of gold has been mined, about two-thirds of it since the 1950s.
  • Since gold is virtually indestructible, almost all mined gold is still around in one form or another. That means if someone has a gold watch, some of the gold in that watch could have been mined thousands of years ago.
  • Each year, global gold mining adds approximately 2,500-3,000 tonnes to the overall above-ground stock of gold. 
  • The world’s oceans are estimated to hold up to 15,000 tonnes of gold but it is not yet feasible to extract gold from seawater.
  • King Tut’s coffin was made from 1.5 tonnes of gold.
  • The first gold coins were minted in about 550 BC under King Croesus of Lydia - a province in modern-day Turkey - and quickly became accepted payment for merchants and mercenary soldiers around the Mediterranean.
  • The US Geological Survey estimates there are 52,000 tonnes of minable gold still in the ground and more is likely to be discovered.
  • Gold is so rare that the world produces nearly as much steel in an hour as the total amount of gold mined throughout history.
  • Over one million ounces of gold have been mined in Nova Scotia since gold was first discovered here in 1858. At today's prices, that much gold is worth almost two billion dollars!

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