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Sold production of gold unwrought or in powder form for non-monetary use in European Union declines in 2016

The indicator went down negligibly by 3.95 percent compared to 2015, according to revised numbers released by European Commission. Gold sold production barely declined from 246 680 kilogram in 2015 to 236 925 kilogram prior year, contrarily to the previous year when it went up by 32.92 percent. European Union saw an increase of 9.61% in gold sold production during the last 11 years. Besides, it has shown a 0.02 percent compound annual growth rate during the last 5 years with a marginal overall diminution since the start of observations. It averaged 266 148.09 kilogram from 2006 to 2016 and it attained its all-time high of 463 963 kilogram in 2008 and record low of 180 561 kilogram in 2013.

Sold production of gold unwrought or in powder form for non-monetary use in European Union declines in 2016
Date Kilogram Variation
2016 236 925.00 -3.95
2015 246 680.00 32.92
2014 185 590.00 2.79
2013 180 561.00 -16.64
2012 216 610.00 0.69
2011 215 116.00 -19.89
2010 268 514.00 -32.71
2009 399 069.00 -13.99
2008 463 963.00 55.46
2007 298 454.00 38.08

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