Gold in Waters Around Indian Peninsula? - Gainesville Coins News
No Minimum order! We accept Pay with Credit Card
Call Us: (813) 482-9300 Mon-Fri 9:00AM-6:00PM EST
Login or Register
Log into your account
About Gainesville Coins ®
Billions Of Dollars Bought And Sold A+ BBB Rating 10+ Years No Hidden Fees Or Commissions All Inventory Ships Directly From Our Vault

Gold in Waters Around Indian Peninsula?

blog | Published On by
Gold in Waters Around Indian Peninsula?

In India, a country already so hungry for gold, there may be a new source of precious metals to meet the public's seemingly insatiable desire for the yellow metal.

The catch? It's effectively at the bottom of the ocean.

Potentially Revolutionary Discovery

Scientists in India, primarily specializing in geology, have spent the past three years researching what types of valuable resources might be locked within the deposits that lie at the depths of the ocean surrounding its shores. The Indian subcontinent has a staggering 7,500 kilometers of coastline when its nearby islands are included.

Map of India's coast line via Wikimedia Commons

The geologists were able to identify 10 billion metric tons of mineral-rich mud in these areas. Most exciting, this new discovery points to an enormous amount of precious metals in these undersea mud deposits surrounding the peninsula.

These results were recently reported in the South Asian news media and are making their way around the world now that the three-year study has gathered a sufficiently large sample of data.

It will likely be very costly, in terms of the machinery required, to extract all of this material from beneath the water. The further down you go into a body of water, the more energy (think: expenditure) is needed to pump things to the surface. Depending on the logistics of the operation, recovering the materials may be more expensive than the value of the precious metals that could be filtered out of the mud.

If this is the case, entrepreneurs and institutions in India would have to get creative in order to reap the benefits of having gold and silver riches beneath its ocean. Clearly, the next step will be determining the most cost-effective method for recovering these precious metals.


The opinions and forecasts herein are provided solely for informational purposes, and should not be used or construed as an offer, solicitation, or recommendation to buy or sell any product.

About the Author

Everett Millman

Everett Millman

Analyst, Commodities and Finance
Managing Editor

Everett has been the head content writer and market analyst at Gainesville Coins since 2013. He has a background in History and is deeply interested in how gold and silver have historically fit into the financial system.

In addition to blogging, Everett's work has been featured in CoinWeek, Advisor Perspectives, Wealth Management, Activist Post, and has been referenced by the Washington Post.

This site uses cookies for analytics and to deliver personalized content. By continuing to browse our site, you agree that you have read and understand our Privacy Policy.