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English: This chart shows the nominal price of gold along with the price in 1971 and 2011 dollars (adjusted based on the consumer price index). The historical gold price was obtained from www.igolder.com; CPI was obtained from www.rateinflation.com. The data is in section Chart Data.
This is a list of prices of chemical elements. Listed here are mainly average market prices for bulk trade of commodities. Listed here are mainly average market prices for bulk trade of commodities. Data on elements' abundance in Earth's crust is added for comparison.
In 1970, South Africa produced 995 tonnes or 32 million ounces of gold, two-thirds of the world's production of 47.5 million ounces. [2] Production figures are for primary mine production. In the US , for example, for the year 2011, secondary sources (new and old scrap) exceeded primary production.
The gold price was determined to be £4 18/9 (GBP 4.9375) per troy ounce. The New York gold price was US$19.39. The first few fixings were conducted by telephone until the members started meeting at the Rothschild offices in New Court, St Swithin's Lane.
For example, if one owns a share in a gold mine where the costs of production are US$300 per troy ounce ($9.6 per gram) and the price of gold is $600 per troy ounce ($19/g), the mine's profit margin will be $300. A 10% increase in the gold price to $660 per troy ounce ($21/g) will push that margin up to $360, which represents a 20% increase in ...
Because the term "eagle" also is the official United States designation for the pre-1933 ten dollar gold coin, the weight of the bullion coin is typically used when describing American Gold Eagles (e.g., "1/2-ounce American Gold Eagle") to avoid confusion with the pre-1933 coins. This is particularly true with the 1/4-oz American Gold Eagle ...
Gold, a chemical element; Genomes OnLine Database; Global-scale Observations of the Limb and Disk, a NASA Explorer Mission of Opportunity; GOLD (parser), an open-source parser-generator of BNF-based grammars; Graduates of the Last Decade, an Institute of Electrical and Electronics Engineers program to garner more university level student members
The gold/silver ratio is the oldest continuously tracked exchange rate in history. [9] In Roman times, the price ratio was set at 12 (or 12.5) to 1. [ 10 ] In 1792, the gold/silver price ratio was fixed by law in the United States at 15:1, [ 11 ] which meant that one troy ounce of gold was worth 15 troy ounces of silver; a ratio of 15.5:1 was ...