Gold Supply Peaks At 3,155 Tonnes, Output To Decline by 3% in 2016

Gold supply has peaked, this according to CEOs of major gold companies and research by Thomson Reuters GFMS, as quoted Sunday in the Financial Times. GFMS, recognized as a leading precious metals markets research firm part of Thomson Reuters, expects global gold production to decline by 3% in 2016, which would put an end to seven years of rising output.

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