Fed tests gold upleg
Gold’s outlook and fundamentals remain really bullish.
Gold output in Australia, the world’s second-biggest producer, reached the highest in 12 years in 2015 as rising prices see miners revive mothballed operations.
Full-year production was 285 metric tons last year, almost two tons more than in 2014 and the highest annual total since 2003, mining consultancy Surbiton Associates Ltd. said Sunday in an e-mailed statement.
