Gold is "the treasure of a country's central bank", and no one wants to sell it until it is really uncovered. According to the data of the UK-based World Gold Council, there are about165,000 tons of gold in the world, of which about 1/5 is in the hands of central banks and international organizations.
At present, the gold jewelry held by people all over the world accounts for about 60% of the global total, among which India and China are the largest consumer markets for gold jewelry. In addition, the investment market of gold financial products and gold for technology is also very active. Of course, the supply of gold mines all over the world is still increasing.
In terms of government reserves, the average of official reserves 15% in various countries is gold, but this ratio varies greatly. Due to historical reasons, developed countries have more gold, usually more than 40% of foreign exchange reserves are gold, while developing countries have never experienced the gold standard, and gold reserves are usually less than 5% of foreign exchange reserves.