- Gold Trading | August 10, 2016
The global gold output has been contracting since 2013. There are just not that many new mines being found and developed, and this is “very positive” for the gold price going forward. Thomson Reuters too is of the view that global mine supply is set to begin a multiyear downtrend in 2016. Demand for gold, on the other hand, should remain strong, helping to support prices even more.