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As of recent estimates, approximately 4,000 to 4,500 metric tons of gold are mined each year. In addition to mined gold, significant amounts are sold through recycling and secondary markets, contributing to an overall annual gold supply that can exceed 5,000 metric tons. The demand for gold varies by sector, including jewelry, investment, and industrial uses. Overall, the annual gold market is valued in the hundreds of billions of dollars.

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1d ago

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