GOLD 0.51% $1,391.7 gold futures

I found these figures from the official sources.Makes for...

  1. 21,555 Posts.
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    I found these figures from the official sources.
    Makes for sobering and interesting reading.

    World gold production 3000 tones of gold per year.

    China produces 400 t , none exported. And imports approx 1500 tonnes = 1900 tonnes per year

    India imports 700 tonnes per year.

    Russia produces 320 tonnes , very little exported

    Total 2920 tonnes total.

    Not much left for anyone else.

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