The amount of money, gold, and diamonds in circulation in the world is a question that has been pondered for centuries. While it is impossible to pinpoint the exact number of these precious assets, available data can give us a general idea.
Money:
The amount of money in circulation is constantly changing. According to estimates by the International Monetary Fund (IMF), at the end of 2023, there was approximately $40 trillion in cash and bank deposits worldwide. The majority of this money is held in digital form.
Gold:
It is estimated that a total of 200,000 tons of gold have been mined throughout history. About half of this gold is used in jewelry, while the other half is held as an investment and monetary reserve. It is also believed that there are significant gold reserves yet to be discovered underground.
Diamonds:
The total amount of diamonds mined in the world is estimated to be around 4.7 billion carats. Most of these diamonds are used in jewelry, while the rest are kept for investment purposes. With the discovery of new diamond mines, this number is expected to increase in the coming years.
Challenges in Determining the Exact Number:
Determining the exact amount of money, gold, and diamonds in circulation around the world is a challenging task. There are a few reasons for this:
- Different currencies: Hundreds of different currencies are used worldwide. Since the value of each currency fluctuates, it is difficult to convert the total amount of money into a single currency.
- Black money: The prevalence of black money makes it difficult to know the real amount of money in circulation.
- Gold and diamond smuggling: Gold and diamond smuggling contributes to the incompleteness of official records of these assets.
Conclusion:
While there is no definitive information on the amount of money, gold, and diamonds in circulation around the world, available data provides us with a general idea. The quantity of these precious assets is constantly changing and is expected to continue to increase in the future.
Note: This news article contains general information about the amount of money, gold, and diamonds in circulation worldwide. To learn about the amount of money, gold, or diamonds in a specific country or region, please consult resources specific to that country or region.
