What is the value of all jewellery in the world?

[Irishlad74]

Hi,

A strange one i know! Does anybody know the approximate of all jewellery in the world (not the fakes, just gold & silver)? or am i just being ridiculus??

Cheers,

Brendan

[Panic Button]

Yes, you are just being ridiculous

[ELVIS68]

24 carat plonker

[sara3]

diamond geezer.. but a daft question!

[tamborine]

priceless

[factor-fiction]

If you were to collect it all in and send it all off to Money4Gold they would offer you £21.33 for it.

You can always make a stab at these things by breaking the problem down. World population is 6.8 billion. Ignoring kids under 10 the population is around 5.5 billion. Of these 1 billion are in developed countries and 4.5 billion in less developed. Taking an average of £500 per person (aged over 10) in developed and £100 in less developed countries (my guesses- could be miles out) that's a total of £500b + £450b= £950b
So we are looking at around a trillion dollars.
But then I'd probably double that because of all the unsold stock, government reserves of gold and some ultra high value collections.
So maybe approaching 2 trillion.
Why do you ask

[Panic Button]

£500 per person, factor30?

You\'re having a laugh.

I have an Accurist watch from Argos, but nothing else.

I suspect I am not unusual.

[sara3]

don't worry, Panic Button.. I can make up for your share ;o)

[bushbaby_de]

£500 per person? I must have the share of an entire municipality! I am a magpie for jewellery!

[beso]

I recon a trillion dollars would be well short of the mark.
There are millions of millionaires in India and it is a status symbol to cover the wife in gold and jewels.
There are many single stones valued in the millions of dollars.

[tamborine]

omg....my watch is more valuable than the car!