In 1955 total world production of gold, valued at $35 per fine ounce, exceeded 1954 output by about $49 million and 1953 output by about $97 million. Total world output (excluding that of the U.S.S.R. and the countries associated with it), which had been $852 million in 1952, $849 million in 1953, and $897 million in 1954, increased in 1955 to $946 million.
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