Demand for gold jewellery is expected to rise over the next five years, due to the middle class expanding in india, china, and southeast asia. at the same time, global gold production is expected to continue declining from a peak in 2018 due to aging mines depleting in russia, south africa, mexico and australia, said mr aravanis.
Demand for gold jewellery is expected to rise over the next five years, due to the middle class expanding in india, china, and southeast asia. at the same time, global gold production is expected to continue declining from a peak in 2018 due to aging mines depleting in russia, south africa, mexico and australia, said mr aravanis.
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Read MoreThe worlds 20 largest copper mines produce nearly 9 million metric tons of the precious metal a year, about 40 percent of the worlds total copper mine capacity. chile and peru, alone, account for about half of the copper mines on this list, but the u.s. does make the cut, with two mines among the top 20.
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Read More201983in the course of the last ten years, both china and russia have boosted domestic production of gold, a large share of which is being purchased by their central banks. in the current context, these initiatives on the part of china and russia are intended to challenge us dollar hegemony.
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