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.
Russian firms produced 7.53 tonnes of gold in January, 12.4 percent more than in January of 2010, the Gold Industrialists’ Union industry lobby said on Saturday.
The union expects gold production by Russia — the world’s No. 5 producer — to rebound to 205-207 tonnes this year after it fell 1.4 percent last year to 201.3 tonnes.
