Mine production was up by 6% in 2009. Supply of gold scrap was up by 27%. Jewelry demand was down by 23%. World Investment jumped from 885 tonnes to 1820 tonnes, a year-on-year gain of 105%.
These are the cold facts, but what of the spirit in the market of gold and silver? It is this that counts because this gives us direction for the future of the gold price.
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