World Reaching "Peak Gold", Says WGC

ArticleMiningOctober 2, 2017 - 2:34:41 AM

According to WGC the gold curent level production will not be exceed in the next years

The World Gold Council has announced that global gold production may have reached what it is calling "peak gold". The term was traditionally been applied to oil production at a time when producers were unable to increase production beyond a certain point but the term "peak oil" has recently fallen into disuse as a glut of oil suppresses global oil prices.


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