WGC: World gold supply surplus soars to 958 t in 2020
Source: Mysteel
Feb 05, 2021
The surplus of gold in the global market jumped to 957.8 tonnes during 2020, as against 419.6 tonnes in 2019, as demand for the precious metal was severely impacted by the COVID-19 pandemic and by the rise in gold prices, according to the latest data from the World Gold Council (WGC).
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