U.S. Total Gold Exports Up 31% In October 2013

According to the USGS Gold Mineral Industry Survey, total gold exports from the U.S. to Hong Kong increased from 12.2 metric tons (mt) in September to 17.8 mt in October.  Furthermore, Switzerland had the largest increase as it imported 23.7 mt in October compared to 13.9 mt in September.

If we look at the chart below, we can see that total U.S. gold exports increased 31% from 37.6 mt in September to 49.4 mt in October:

Even though total gold exports from the U.S. has been lower in the latter part of the year, it will still turn out to be a record for 2013.  Total gold exports include refined bullion, Dore’ & precipitates and ores & concentrates.

Read More: srsroccoreport.com/u-s-total-gold-exports-up-31-in-october/u-s-total-gold-exports-up-31-in-october/