Gold Exports by the U.S. Recorded Substantial Decline | Metals Mine

  • Gold Exports by the U.S. Recorded Substantial Decline

    From scrapmonster.com

    The U.S. exports of gold dropped significantly by more than 30% through the month of April this year. The trade data released by the U.S. Census Bureau indicates that the country’s gold exports totaled $5.56 billion during Jan-Apr ’19, down by 30.28% when matched with the exports of $7.97 billion during the corresponding four-month period in 2018. The top foreign market for U.S. gold exports was the U.K. The country received approximately $3.68 billion worth of gold from the U.S., thereby accounting for over 66% of all the U.S. shipments. The second largest destination of gold exports from the U.S. was ... (full story)

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EventsTrader
Jun 11, 2019 5:14pm
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Interesting info as it relates to North American trade relations and gold. Towards the end of the article:
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The leading source of gold imports by the U.S. was Mexico. The country accounted for almost 40% of all imports by the U.S. Meanwhile, the imports from Mexico were down significantly by 26.4% to total $872.75 million. The second largest gold exporter to the U.S. was Canada.
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676f6c64
Jun 11, 2019 5:29pm
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I wonder if the NAFTA sprinkles are gold..?
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