New York, April 12, 2022 (GLOBE NEWSWIRE) — announces the release of the report “Global Gold Mining Market (2022 Edition) – Analysis By Mining Method, End-Use, By Region, By Country: Market Insights and Forecasts with impact of COVID-19 (2022-2027)” –
Additionally, major factors driving the sales of gold products include increasing and changing consumer preferences coupled with the growing population of high net worth individuals. Moreover, different customs followed by people across the globe regarding the adoption of ornaments and gemstones are further expected to boost the purchase of products significantly.

Gold Mining Market 2020 turned out to be one of the most volatile in contemporary history, with a number of unusual events. The pace of the spread of the COVID-19 pandemic, the severity of containment measures, the scale of stimulus efforts by global governments, and the scale of the equity market rebound were all major factors. Additionally, rising gold prices and weak local currencies have pushed the domestic price of gold to historic highs, negatively impacting jewelry demand.

Gold mining is a global business with operations on every continent except Antarctica, and gold is mined from mines of a wide variety of types and scales. The growing demand for gold jewelry is driving the supply of gold. Many central banks, especially in developing countries, continue to diversify their assets away from the dollar and euro and are expected to increase their holdings in the near future. Gold has been considered one of the best sources of investment for centuries and is always in high demand regardless of economic fluctuations and societal events. The high demand for gold ensures that jewelry retains its value and will always be easy to liquidate when needed, thus driving the growth of the market.

Report scope
• The report analyzes the gold mining market by value (USD billion) and by volume (thousands of tonnes).

• The report presents the analysis of the gold mining market for the historical period of 2017-2021 and the forecast period of 2022-2027.

• The report analyzes the gold mining market by extraction method (placer mining, hard rock mining, others).

• The report analyzes the gold mining market by end use (jewelry, investment, central banks, technology).

• The global gold mining market was analyzed by region (North America, Europe, Asia-Pacific, LAMEA).

• The global gold mining market was analyzed by country (United States, Canada, United Kingdom, Germany, France, Italy, China, India, Japan, Australia).

• The key ideas of the report were presented through the frameworks of SWOT and Porter’s five forces analysis. Further, market attractiveness has been presented by region, by extraction method, by end use)

• Further, major industry opportunities, trends, drivers and challenges have been analyzed in the report.

• The report tracks competitive developments, strategies, mergers and acquisitions, and new product development. Companies analyzed in the report include Newmont Goldcorp, Barrick Gold Corporation, Polyus, Agnico Eagle Mines Limited, Newcrest Mining Limited, Kinross Gold Corporation, Gold Fields, Anglogold Ashanti, Harmony Gold Mining Company Limited and Yamana Gold.

Key target audience

• Gold mining companies

• Consulting and consultancy firms

• Government and policy makers

• Regulatory authorities
Read the full report:

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Market Overview and Forecast with Impact of COVID-19 (2022-2027)


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