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2. The price of gold is at a record high. Here's why

   www.aol.com/news/price-gold-record-high-heres...

   The spot price of gold closed Tuesday at just over $2,514 per Troy ounce — the standard for measuring precious metals, which is equivalent to 31 grams. That would make a gold bar or brick ...

3. Gold as an investment - Wikipedia

   en.wikipedia.org/wiki/Gold_as_an_investment

   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 ...

4. Analysis: Behind the price rise of gold and silver

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   May 20 marked an all-time high price for gold, at a spot price of $2,435.96 per ounce. Gold futures were higher at $2,438.50. Spot silver also rose to $32.17, an over 11-year high.

5. Gold fixing - Wikipedia

   en.wikipedia.org/wiki/Gold_fixing

   On 21 January 1980 the gold fixing reached the price of $850, a figure not surpassed until 3 January 2008 when a new record of $865.35 per troy ounce was set in the a.m. fixing. However, when indexed for inflation, the 1980 high corresponds to a price of $2,305.18 in 2011 dollars, [ 4 ] thus the 1980 record still holds in real terms .

6. Gold holdings - Wikipedia

   en.wikipedia.org/wiki/Gold_holdings

   The World Gold Council estimates that all the gold ever mined, and that is accounted for, totals 187,200 tonnes, as of 2017 [3] but other independent estimates vary by as much as 20%. [4] At a price of US$1,250 per troy ounce, marked on 16 August 2017, one tonne of gold has a value of approximately US$40.2 million. The total value of all gold ...

7. Gold prices expected to surge when interest rates fall

   www.aol.com/gold-prices-expected-surge-interest...

   Citing data provided by UBS, CNBC reported the price of gold per ounce could hit $2,200 by the end of the year. Gold per ounce started on Monday at $2,038 per ounce. Its value surged between 2019 ...