Suppose we know that 10 Spanish Galleons sunk in the Atlantic Ocean carrying approximately 50 tons of gold,but the exact location of these shipwrecks is unknown.Would this gold add to the world reserve?

Question

Quizplus · Accepted Answer

Gold that cannot be extracted or utilized does not contribute to the world's available gold reserves. The existence of the gold is known, but without the ability to recover and use it, it does not impact current economic or resource calculations.

Suppose We Know That 10 Spanish Galleons Sunk in the Atlantic