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Home>Coins dealers headline>LBMA says less than half of gold going to refiners comes from mines

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LBMA says less than half of gold going to refiners comes from mines

IMG Auteur

USA Gold

Published : September 24th, 2020

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Category : Coins dealers headline


	Reuters/Staff/9-22-2020 “Less than half the gold processed by major refiners in 2018 came from large industrial mines, the London Bullion Market Association said on Tuesday, publishing data revealing for the first time the origin of bullion moving through its system.” USAGOLD note: More than half came from recycled gold – jewelry, bars and coins. Of course, not all the gold changing hands in the marketplace runs through refiners.

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