
Gold is Abundant
Gold is rare. Except in one place on Earth that it’s incredibly plentiful. But we’ll probably never get to it. Over the course of human civilization, people have searched for gold. Still, we haven’t found much – 220,000 tons across all those centuries. By comparison, we’ve mined seven times as much silver. And 3,000 times more copper. But we now know there’s much, much more gold on Earth. When the planet formed, more than 4 billion years ago, many metals swirled together in Earth’s molten magma, gold among them. Being heavy, it was pulled toward the center, into Earth’s core, by the force of gravity. There it bonded with abundant iron. And there it has mostly stayed. But Earth’s interior is not static. The molten magma sometimes upwells toward the surface. Over millions of years these magma currents have carried small amounts of gold and other metals out of the core. Earthquakes and shifting tectonic plates then brought that magma toward the surface. Some of it precipitated out in veins, which we have mined. And some of that eroded into rivers and streams, and we gathered it there too. Because it’s valued, and doesn’t oxidize, most of the gold we’ve found over the years still exists in pure form and gold-rich alloys, and is still in use – in jewelry, art, electronics, even medicine. It may be precious, but it’s not scarce. It’s just that Earth has limited our access.