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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: long-gone who wrote (69400)5/18/2001 1:23:23 PM
From: goldsheet  Read Replies (2) | Respond to of 116753
 
<<Yes, but with amount of silver produced by the major gold houses I'm not sure if there shouldn't be some impact in XAU ratio>>

XAU stocks produced 24.3moz AU worth $6.8B versus 32moz AG worth 143M, making the XAU Index 98% gold by production value. To be accurate, I should add copper and other metals, which would make silver even less important in the XAU.