minesite.com: Commodity Prices Drop On Shock News: Not All …

Apr 19, 2010   //   by Admin   //   Scrap Gold Prices  //  Comments Off

Meanwhile, the other big story last week was the release of GFMS’s review of the gold market in 2009. Others will dissect it in more detail, but the salient point is that even as gold prices achieved record levels, mine production still did not … of jewellery consumption, very effectively demonstrates the price sensitivity of two major elements in its market – in a strong price environment jewellery sales fall as buyers feel the pinch, while sales of scrap gold rise. …

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