The volume of the reserves is estimated at 31 million tonnes of gold ore, or net 320,158 tonnes of gold, valued at $12.8 trillion

This is about the current supply of gold.

Markets seem sceptical as the price of gold hasn't moved in the last 24h.

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Uganda has announced that it has struck a deposit of 31 million tonnes of gold ore, with extractable pure gold estimated to gross 320,000 tonnes

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> The volume of the reserves is estimated at 31 million tonnes of gold ore, or net 320,158 tonnes of gold, valued at $12.8 trillion

This is about the current supply of gold.

Markets seem sceptical as the price of gold hasn't moved in the last 24h.