No, inflation isn't a major determinant of current gold price in India. (policybazaar.com)
Sandstorm's average purchase price per ounce of gold is US$ 400 so although our margins expand and contract with the gold price, at current gold prices of US$ 1,350 per ounce we are generating strong free cash flow. (thecollegeinvestor.com)
There are some good reasons to anticipate large gains in gold - stock prices over the coming 2 years involving a rising gold price, declining production costs and improving sentiment, but at the current gold price and with their current cost structures most gold producers are NOT particularly cheap by traditional valuation standards. (tsi-blog.com)