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Gold Unearthed: Exploring the Dynamics of Global Gold Supply
Gold supply refers to the amount of gold available in the market for investors to buy, sell, and hold. It’s one of the most influential factors determining the value of gold, making it a relevant metric when making investment decisions. Understanding where the world’s gold supply stands and how it compares with demand can help with estimates and gold price forecasts. What is the current gold supply? Currently, the gold supply is roughly 208,874 metric tons. Estimates differ slightly, but this approximation is the result of assessments from the US Geological Survey and the World Gold Council, among other experts. ... (full story)