Coronavirus worsened the mood of buyers in China, the largest consumer country of gold, which led to a decrease in demand for jewelry. Jewelry retailing has suffered as many shops have reduced working hours to prevent the spread of the virus.

Precious metals market analyst Jeff Curry from Goldman Sachs, an American investment bank, told Bloomberg in an interview about why the bank is positive about the future prospects of gold.

The US Geological Survey (USGS) has published a report on mining in the country. It follows from the results of last 2019 that 200 tons of gold were mined in the States, which is -11% less than in 2018.

The US Geological Survey released data on the gold market for 2019. It provides data on the mining of yellow precious metals by the largest gold-mining countries. The report also provides an estimate of how much gold is left for mining in the bowels of th