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According to the World Gold Council, annual mine production of gold over the last few years has been close to 2,500 tonnes. About 3,000 tonnes goes into jewelry or industrial/dental production, and around 500 tonnes goes to retail investors and exchange traded gold funds. This translates to an annual demand for gold to be 1000 tonnes in excess over mine production which has come from central bank sales and other disposal.
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All The Latest News From The buy 1878 cc morgan silver dollars World
4. Where is the mint mark on the silver 3-cent piece?
Gold Gains, Silver and Platinum Drop with Oil
Thu, 17 Jul 2008 22:31:57 +0000
New York gold nudged up as silver and platinum dropped along with crude-oil prices.
The yellow metal, however, lost half of its earlier gains as the impact of falling oil and a rising US dollar started to take hold.
Silver lost 8 cents to close at $18.73 an ounce.
Platinum dropped like a brick to ...]
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