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50 tonnes of gold reserves found in China – Gold is also considered very good from the point of view of investment. Because the price of gold keeps increasing continuously. Looking at the history of the past years, the prices of gold have gone up a lot. At present, gold prices are running above 55 thousand in India itself.
50 tonnes of Gold reserves found in China
Meanwhile, the very big news has come to the fore. Under this, it has been learned that a huge gold deposit has been found in a rural town in Shandong province of China.
It is being claimed that this gold reserve is about 50 tonnes. The Mineral Resources Authority of Shandong Province, located in eastern China, has informed about the discovery of gold reserves.
What would be the expected price of this Gold?
If we talk about the price of this gold, then, its price is very high. Based on the current price, its value is about $3 trillion. If we convert it into Indian Rupees, then its value is Rs 247 Lakh Crores.
Mineral Resources Authority of Shandong Province, East China
Giving information about this, the Mineral Resources Authority of Shandong Province, located in East China, said, that this gold reserve is huge, and its search was going on for many years.
This gold deposit is spread over a large area. Due to this mining will be easy here. After evaluating it, it is being claimed that this gold deposit can produce 2000 tonnes of gold ore for at least 20 years.
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What are Ores?
Ores are such minerals from which metal can be extracted profitably. It is taken out by digging or mining and later by purifying it through a process. Whatever important metals or elements are there, are obtained from it.
Global Times, one of the official newspapers of China, informed about this, that there is gold that can be easily mined and the amount of total gold in China after this gold reserves will increase. By the end of February 2023, China had 1869 tonnes of gold reserves.
Disclaimer – We do not authenticate this news. This data is driven by the internet.
News Source – ZeeNews