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South Africa. Gold Production (YoY). The value of the indicator has increased from -11.1% to -2.5%
A report on this calendar event is released monthly by the Statistics South Africa.
The indicator evaluates changes in the physical volume of gold production by the country's mining enterprises.
South Africa is one of the world's leaders in gold mining. This sector of the economy makes a significant contribution to the gross domestic product of the country and is used in its assessment.
Comments by the MarketCheese analysts: an increase of the indicator value may contribute to the fall in quotes of Gold.
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