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Salient Gold Statistics

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TABLE 1
SALIENT GOLD STATISTICS1
 
      2011   2012   2013   2014   2015  
United States:      
Production:    
Mine:    
Quantity   kilograms   234,000 235,000 230,000 210,000 214,000
Value-   thousands   $11,800,000   $12,600,000   $10,400,000   $8,570,000   $8,000,000  
Gold recovered by cyanidation, leached in open        
heaps or dumps2   kilograms   201,000   206,000   196,000   173,000 r 187,000  
Refinery:        
Concentrates and dore   do.   220,000 218,000 r 223,000 253,000 r 248,000
Recycled materials (new and old scrap)   do.   263,000   215,000   210,000   135,000 r 124,000  
Exports, refined bullion   do.   430,000 r 375,000 r 487,000 r 387,000 r 366,000  
Imports for consumption, refined bullion   do.   156,000   107,000   98,700 r 121,000   89,800  
Net deliveries from foreign stocks in the Federal Reserve-    
Bank of New York   do. 3,670 -- -5,160 -177,000 r -129,000  
Stocks, December 31:                        
Industry3   do.   6,470 4,070 5,940 7,540 r 7,330  
Gold exchange traded funds holdings4 do.   2,410,000   2,690,000   1,810,000   1,650,000 r 1,530,000
COMEX inventories   do.   353,000   344,000   243,000   325,000   198,000  
U.S. Department of the Treasury-   do.   8,140,000   8,140,000   8,140,000   8,140,000   8,140,000
Consumption:            
American Buffalo gold bullion coin5   do.   5,430 2,460 7,430 5,520 r 6,860
American Eagle gold bullion coin5   do.   31,100   23,400   24,100   16,300 r 24,900  
Jewelry industry and the arts   do.   168,000   147,000   160,000   152,000 r 164,000  
Price, average6   dollars per troy ounce   1,572.48   1,672.75   1,414.80   1,269.45   1,163.33  
Employment, mine and mill only7       11,100   12,700   12,500 r 12,000 r 11,900
World:        
Production, mine   kilograms   2,680,000 r 2,750,000 2,920,000 3,020,000 r 3,100,000 e
Official bullion reserves8   do.   31,100,000   31,700,000   31,900,000   31,400,000   32,800,000  
eEstimated. rRevised. do. Ditto. -- Zero.
1Data are rounded to no more than three significant digits, except prices.-
2May include tailings, waste-ore dumps, and previously mined ore at some inactive mines.
3Unfabricated refined gold held by refiners, fabricators, dealers, and the U.S. Department of Defense.
4Data from GFMS, Thomson Reuters.
5Data from the U.S. Mint.
6Annual average daily Engelhard quotation.
7Data from the U.S. Mine Safety and Health Administration.
8Held by central banks, governments, and international monetary organizations. Data from the International Monetary Fund.

Source: United States Geological Survey Mineral Resources Program

See also: Mineral commodity prices


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