Gold loses some luster after Trump’s decisive win
Gold’s slide is a marked turnaround for a commodity that had surged by more than 30% in the year leading up to the US vote.
Australia produced 266 tonnes of gold in 2010, up 17% on 2009 but not enough to secure it first place as China’s output grew to 341 tonnes in the same period. Australia maintained its number two ranking in gold output behind China in 2010