According to a release from the Government Information Agency (GINA), at the end of April this year some 111,000 ounces of gold had been declared, compared to 94,000 ounces at the end of April last year. According to the release, production for this year is on target halfway into the year.
GINA noted that Prime Minister Samuel Hinds highlighted that the price of gold remains strong, above $1,000.
In March, the release stated, the highest world market price for gold was reached, with cost being $1,240 per ounce.
However, GINA noted, several factors including the fluctuation of the Euro and a fall in oil prices have caused the current price of gold to be $1,185 per ounce.
