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Apr 4, 2024 · The global salt market was valued at $32.6 billion in 2022. It’s projected to grow from $34.1 billion in 2023 to $48.6 billion by 2030, with a CAGR of 5.2% during the forecast period. This suggests a surprising amount of growth for what is one of the world’s oldest and most common commodities.
Apr 4, 2024 · By 2007, China was the world’s largest gold-producing nation, and today a significant quantity of gold is being mined in over 40 countries. The Top Gold-Producing Countries in 2022 Around 31% of the world’s gold production in 2022 came from three countries—China, Russia, and Australia, with each producing over 300 tonnes of the precious ...
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- Turbulent Years
- The Erosion of Purchasing Power Is Accelerating
- Gold Breakout
In the first decade after the gold standard was abandoned, the international monetary system was seriously shaken. Several U.S. recessions, coupled with international conflicts and high price inflation put the world’s reserve currency under enormous pressure. During the 1973-74 oil crisis the price of gold rose 65%. In 1978, U.S. bonds had to be is...
Gold is still the universal reserve asset to which central banks, investors, and private individuals return in times of crisis. Since 1971, the average annual growth rate of the metal price in U.S. dollars is just over 10%. Since the Euro was introduced in 1999, the gold price in EUR has risen by 356%, or on average 7.8% per year. Unsurprisingly, o...
Amid the turmoil brought about by Covid-19, investors again increased their exposure to gold. In August, the metal price surpassed$2,000 per ounce for the first time ever. As political and economic tensions tend to endure over the next decades, so does gold’s role as an anchor during uncertain times.
Mining companies estimate the volume of gold that remains in the ground in two ways: Reserves - gold that is economic to mine at the current gold price. Resources - gold that will potentially ...
Apr 30, 2024 · Find a comprehensive time series of Gold supply & demand – broken down by sector and country, mine production and recycling and producer hedging.
Apr 26, 2023 · (This article first appeared in the Visual Capitalist Elements) This infographic uses data from Our World in Data to visualize global gold production by country from 1820 to 2022.
Jun 23, 2021 · Gold mining site. U.S. Global Investors. Gold is one of the rarest elements in the world, making up between 0.001 and 0.006 parts per million of the earth’s crust.
