Philip Baker

Philip Baker Articles

Over the last week, the gold price fell 2.3% (to $1201), under-performing oil (up 2.8%) copper (down 1.7%). It outperformed silver which was down 5.9%. The fall in silver price was a significant driver of the fall in gold’s fair value over...
It is estimated that the total amount of gold mined up to the end of 2011 is approximately 166,000 tonnes.