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Gold: Q3 total supply slightly lower y-o-y – production growth was outweighed by elevated de hedging and lower recycling

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02.11.2018, 12:56  |  126   |   

• Record quarterly mine production of 875.3t in Q3, up 1.9% y-o-y
• Second consecutive quarter of significant de-hedging; the global hedgebook fell to 197t in Q3
• Supply from recycling fell 4% y-o-y; lower gold prices discouraged consumers from selling

Mine production Gold mine production rose in Q3 by 1.9% y-o-y, to 875.3t. This is the highest level of quarterly production ... Weiterlesen

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