Gold deliveries up by 33 percent

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GOLD deliveries to Fidelity Printers and Refiners, the country’s sole official buyer of the precious commodity, spiked by 33 percent to 10,309kg in the third quarter of 2024, up from 7,739kg in the second quarter of this year, data released show.

According to statistics from Fidelity Printers and Refiners, in September 2024, large scale miners delivered 1,009kg compared to 1,027kg in August, and 961kg in September 2023.

Small scale miners sold 2,405kg in September, from 2,373 in August. In September last year, they delivered 2,170kg. Artisanal miners account for 70 percent of the country’s gold deliveries.

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