China discovered massive gold deposit in Hunan province

China may have discovered the world's largest gold deposit, potentially reshaping the global gold market. The find, located in Hunan province, could hold an estimated 1,000 tons of gold. The Wangu deposit is estimated to be worth $83 billion. Researchers have identified over 40 gold veins, with 330 tons of gold found within the first two kilometers. 3D simulations suggest the total could reach 1,100 tons. This discovery could solidify China's position as the world's leading gold producer, though extraction poses environmental risks. The World Gold Council has expressed some skepticism about the estimated size of the deposit.