approximately 3,000 tons of gold are produced from mines worldwide each year

this gold then enters global markets

3,000 tons of gold at $3,800 per ounce is = $364.8+ billion

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Discussion

Why did you use $3,800 per oz? It'd only about $2,900

Because I accidentally added 1k in my ADHD brain 🤦🏻‍♂️