Gold Stockpiles Drive Price More than Annual Flows

Jul 23, 2009   //   by Admin   //   Scrap Gold Prices  //  Comments Off

The total amount of mined gold and scrap is less than 1% of the overall gold market. The mine supply isn’t all that important in the gold price. It’s all about sentiment. The people who will influence the value of that 160000 tonnes are …

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Gold Stockpiles Drive Price More than Annual Flows

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