etc. to take the reserves out of the ground and to the market place.Mine Asset Value The difference of the price of gold today and the production cost per ou.
By Aamir Shafaat Khan | From the Newspaper Traders said that global gold price had closed at $1708 an ounce but the rate had been issued on the basis of $1703 a.
NEW YORK, USA (Live News Central) – Gold price is expected to increase further because financial institutions are interested in buying more gold while investors are warned to monitor price trend carefully before making decisions.
“This view will likely now prove to be too conservative: spot gold could drive to $2500 per ounce or higher, albeit on very high volatility.” Goldman Sachs revised up its gold price forecasts to predict that the metal would trade at $1860 in 12 months'
S&P's move helped propel gold futures to a record of $US1720.00 a troy ounce today. The contract for August delivery settled up $US61.40, or 3.7 per cent, at $US1710.20 a troy ounce on the Comex division of the New York
