Why was ancient Egypt considered the richest country?

Gold was considered by the ancient Egyptians to be a divine and indestructible metal. It was associated with the brilliance of the sun and the sun and the sun god Ra was called 'The mountain of gold'. This precious metal played an important part in the life and culture of ancient Egyptians and was widely used for jewellery, ornaments and valued objects.

The pharaohs of ancient Egypt used gold lavishly in their tombs, on the floor, in the walls, and in the huge sarcophaguses or burial urns. It was their belief in the magic and spiritual power of gold that led the Egyptians to bury their dead adorned with golden amulets and jewels, making their tombs one of the greatest treasure troves of gold. Is it any wonder that Egypt was considered the richest country of the ancient world, and was in fact called 'The Golden Land'?