Google Answers Logo
View Question
 
Q: How much gold gets recycled in the US? ( Answered 5 out of 5 stars,   0 Comments )
Question  
Subject: How much gold gets recycled in the US?
Category: Business and Money
Asked by: curiousartist-ga
List Price: $15.00
Posted: 26 Oct 2003 16:11 PST
Expires: 25 Nov 2003 16:11 PST
Question ID: 269905
I am interested in gold consumption in the US. How much of the gold
demand is met by recycling each year? I'm looking for a percentage or
figure in tons.
Answer  
Subject: Re: How much gold gets recycled in the US?
Answered By: bobbie7-ga on 26 Oct 2003 16:53 PST
Rated:5 out of 5 stars
 
Hi Curiousartist!


How much of the gold demand is met by recycling each year? 

----
2002
----
“Recycling: 85 metric tons of new and old scrap, equal to 50% of
reported consumption, was recycled in 2002.”

Source: U.S. Geological Survey, Mineral Commodity Summaries, January
2003
http://minerals.usgs.gov/minerals/pubs/commodity/gold/300303.pdf

----
2001
----
“Recycling: 100 metric tons of new and old scrap, equal to 50% of
reported consumption, was recycled in 2001.”

Source: U.S. Geological Survey, Mineral Commodity Summaries, January
2002
http://minerals.usgs.gov/minerals/pubs/commodity/gold/300302.pdf

----
2000
----
“Recycling: 140 metric tons of new and old scrap, equal to 56% of
reported consumption, was recycled in 2000.”

Source: U.S. Geological Survey, Mineral Commodity Summaries, January
2001
http://minerals.usgs.gov/minerals/pubs/commodity/gold/300301.pdf

----
1999
----
"Recycling: 150 metric tons of new and old scrap, equal to 63% of
reported consumption, was recycled in 1999."

Source: U.S. Geological Survey, Mineral Commodity Summaries, February
2000
http://minerals.usgs.gov/minerals/pubs/commodity/gold/300300.pdf

----
1998
----
“In 1998, 175 metric tons (t) of refined gold was recovered by U.S.
refiners from old and new scrap. The overall recycling rate was 29
percent when scrap consumption was compared with apparent domestic
supply. Sources of old scrap included discarded jewelry, dental
materials, plating solutions, and electronic equipment. A very high
old scrap recycling efficiency of 96 percent was reached in 1998, the
supply of old scrap peaked, gold prices were at an 18-year low, and
substantial amounts of old scrap were exported. U.S. net exports of
old scrap had a gold content of 28 t.”
U.S. Department of the Interior: U.S. Geological Survey
http://pubs.usgs.gov/circ/c1196a/


Gold Recycling in the United States in 1998
By Earle B. Amey
U.S. GEOLOGICAL SURVEY CIRCULAR 1196–A
Download the complete publication here:
http://pubs.usgs.gov/circ/c1196a/c1196a.pdf



Search Criteria:
Gold recycling in the United States
Gold consumption in the United States


I hope you find this helpful! If anything is unclear with my answer,
please ask for clarification.


Best Regards,
Bobbie7-ga
curiousartist-ga rated this answer:5 out of 5 stars
This is what I was looking for, and more. The yearly summaries have
the statistical information I needed, and the two reports explain it.
Thanks!

Comments  
There are no comments at this time.

Important Disclaimer: Answers and comments provided on Google Answers are general information, and are not intended to substitute for informed professional medical, psychiatric, psychological, tax, legal, investment, accounting, or other professional advice. Google does not endorse, and expressly disclaims liability for any product, manufacturer, distributor, service or service provider mentioned or any opinion expressed in answers or comments. Please read carefully the Google Answers Terms of Service.

If you feel that you have found inappropriate content, please let us know by emailing us at answers-support@google.com with the question ID listed above. Thank you.
Search Google Answers for
Google Answers  


Google Home - Answers FAQ - Terms of Service - Privacy Policy