the older people who were involved in the gold rush sadly passed away and the gold they had were to be found by relitives or friends.
they died!
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James A. Polk was the president when the 1849 gold rush near Sacramento CA happened.
California's population jumped high in numbers due to a flow of settlers coming hoping to make their fortune by finding gold in said gold rush.
According to historical records in 1850 10,000 people a day were arriving in California for the gold rush. Millions came and most left broke or stayed and started a business.
What happened was the men wanted to get to the gold rush areas so they went. The main colonies in Sydney and Melbourne were becoming smaller in population and that's not what the government wanted.
In 1849 gold was discovered in the traces of the John Sutter sawmill in Columa California. This resulted in the gold rush and in 1850 California became a state. Gold was also found in the BlackHills of Dakota in the 1800's and there was a gold rush onto Native Americans lands. The Yukon had a massive gold rush in the late 1800's, but the conditions there were brutal because of the cold and weather.