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30/01/2012 15:29 AST
Gold mined output may fall a little to around 3% and Silver will grow by around 4% to almost 24,250 tons in 2012, said Natixis Commodity Markets Limited in 2012 first quarter Metals Review.
According to Natixis, gold output may decline as investment in new production capacity is arriving more slowly than they initially anticipated. Silver mine output may grow at a faster pace as a result of further mine expansions becoming operational such as the Santa Anna mine in Peru, and La Parilla silver mine in Mexico.
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Commodityonline
(In US Dollar) | Change | Change(%) | |
---|---|---|---|
Gold | 1,332.2 | -8.6 | -0.64 |
Silver | 16.4 | -0.21 | -1.23 |
Platinum | 923 | -9 | -0.97 |
Palladium | 929 | -3 | -0.32 |
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