World Gold Output Plummeted 11% in Q1

From scrapmonster.com

The reported global gold production totaled around 15 million troy ounces (Mozt) in the first quarter of 2019. This is lower by 11% when compared with the previous quarter output. Meantime, the average global gold market prices rebounded to $1,304 per troy ounce during the quarter ended March 31st, 2019. Among various regions, North America emerged as the largest gold producer with an output of 3.8 Mozt, followed by Africa with 3.2 Mozt. The output by Australia & Oceania region totaled 2.9 Mozt. The gold production decreased in all major regions. The output by North America dropped significantly by 11% over the ... (full story)