How much gold does world produce?
2007 stats
- 2444 metric ton
- No single country dominating gold production. Max by any country is less than 12%
- China moved to the top followed by Australia and US. Most of the gold for US comes from Nevada
- Demand exceeded supply in 2007
- 68% of the gold is used for jwelleries
- Supply has been dropping since a couple of years
A very good read on gold with a lot of numbers - http://www.gold.org/deliver.php?file=/assets/file/marketknowledge/GoldMktKnowledgeSuppDem.pdf
Gold reserves held by central banks per country - http://www.gold.org/deliver.php?file=/value/stats/statistics/xls/Quarterly_Gold_and_FX_Reserves_June_2008.xls
No comments:
Post a Comment