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Royal Mint doubles output on increased demand for Buying Gold - Tuesday 4th August 2009

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  • Royal Mint doubles output on increased demand for Buying Gold - Tuesday 4th August 2009

    Royal Mint doubles output on increased demand for Buying Gold - Tuesday 4th August 2009

    The Royal Mint in the UK was forced to double its gold production in the second quarter of 2009 as demand for the yellow metal continues to grow.

    According to a new report by Bloomberg today (August 4th), output was increased from 8,030 ounces to 16,910 ounces on a year-on-year basis during the three-month period.

    Furthermore, the news provider - which obtained the information under the Freedom of Information Act - revealed that production in the first half rose 86 percent to 45,406 ounces.

    ...

    Last week, the World Gold Council claimed that China could surpass India as the world's leading consumer of gold by the end of 2009.

    ...

    http://goldnews.bullionvault.com/Gol..._gold_19296739

  • #2
    Re: Royal Mint doubles output on increased demand for Buying Gold - Tuesday 4th August 2009

    Originally posted by D-Mack View Post
    Royal Mint doubles output on increased demand for Buying Gold - Tuesday 4th August 2009

    The Royal Mint in the UK was forced to double its gold production in the second quarter of 2009 as demand for the yellow metal continues to grow.

    According to a new report by Bloomberg today (August 4th), output was increased from 8,030 ounces to 16,910 ounces on a year-on-year basis during the three-month period.

    Furthermore, the news provider - which obtained the information under the Freedom of Information Act - revealed that production in the first half rose 86 percent to 45,406 ounces.

    ...

    Last week, the World Gold Council claimed that China could surpass India as the world's leading consumer of gold by the end of 2009.

    ...

    http://goldnews.bullionvault.com/Gol..._gold_19296739
    this is news. why not post it to 'news'?

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    • #3
      Re: Royal Mint doubles output on increased demand for Buying Gold - Tuesday 4th August 2009

      Originally posted by metalman View Post
      this is news. why not post it to 'news'?
      Should I post it in news next time? I didn't have a comment and I felt I could post it in the correct category.
      Last edited by D-Mack; August 05, 2009, 01:28 PM.

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