All of the world’s above and below-ground gold together would form a sphere around 107 feet tall.
At $4,166 per troy ounce, the world’s above-ground gold (216.3K tonnes) is valued at $29 trillion, while the below-ground gold (133.1K tonnes) is worth $17.7 trillion.
Gold is up more than 50% to-date despite retreating from October’s record highs of $4,380 per troy ounce.
Driving global demand is the mixture of geopolitical tensions, a weaker U.S. dollar, and sticky inflation. In Q3 2025, central bank purchases were up 28% over the quarter, while inflows of gold-backed ETFs hit $26 billion.
The graphic breaks down the total global supply of gold, both above and below ground, based on data from the World Gold Council.