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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 is the 'last safe haven' as Treasurys face risks from ...

   www.aol.com/gold-last-safe-haven-treasurys...

   Bank of America strategists see 11% upside for gold by the end of next year as ... a 50-basis point interest rate cut last month, driving the price of gold to gain around 4.3% in the last month ...

4. Gold eases from one-month peak as dollar and equities climb

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   Gold prices retreated on Wednesday from a more than one-month peak hit in the last session, as a stronger U.S. dollar and increased appetite for riskier assets depressed sentiment. Spot gold was ...

5. Gold as an investment - Wikipedia

   en.wikipedia.org/wiki/Gold_as_an_investment

   For example, a 10% fall in the gold price to $540 per troy ounce ($17/g) will decrease that margin to $240, which represents a 20% fall in the mine's profitability, and possibly a 20% decrease in the share price. To reduce this volatility, some gold mining companies hedge the gold price up to 18 months in advance. This provides the mining ...

6. List of countries by gold production - Wikipedia

   en.wikipedia.org/wiki/List_of_countries_by_gold...

   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.

7. Gold fixing - Wikipedia

   en.wikipedia.org/wiki/Gold_fixing

   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.