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| Where Is Gold Found |
Where is Gold Found
you own an impressive collection of gold coins or gold jewelry, do not be stumped the next time a nephew or niece asks you ?where is gold found?? Instead, you should try to figure out where is gold found because the answer to this can be a very fascinating one. |
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Gold is found all over the world, and you are right if you say that South Africa is a major producer of gold. However, when trying to answer the question ?where is gold found?, most do not realize that gold is also mined in China, Australia and the United States. Gold can be found in other parts of the world too, but throughout the years, the mines and sources of gold may have been exhausted and investors now turn to countries like China, Australia and the United States as well as South Africa in order to actively locate even more gold. In the 1970?s, gold mining in South Africa is a booming trade. In fact, more than 50% of the world?s known gold was produced in South Africa. |
Ask anyone during these times and chances are they will tell you that where is gold found if not in South Africa.
Today, gold has been discovered in many other countries besides South Africa. China and the United States are now going head on against South Africa as the world?s major gold producer. On the other hand, we cannot ignore South Africa as one of the world?s biggest leader in gold production. The Witwatersrand Basin has been identified as one of the biggest source of gold in South Africa,
while Shandong, China, is set to be its biggest rival in the industry. Elsewhere, investors have also set their eyes upon Western Australian and Nevada in the United States as two places who are currently considered having the largest gold reserves.
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