Many are 8 - 10oz (PaleoChef is 12oz) delivering a comparable or
lower price per ounce.
Not exact matches
Prices have rebounded sharply since mid-January, when palladium's 18 - month bear market ended at a 5 - year
low of US$ 469
per ounce.
Silver started the week and instantly set its path for a week long
low of $ 20.84
per ounce, which represented its
lowest price since 2010.
Given current mining costs, it's impossible to imagine that gold
prices could fall as
low as $ 400
per ounce.
At present, the
price is a little over US$ 290
per ounce, about 15
per cent above the recent
low point but about 30
per cent below the most recent peak of US$ 415
per ounce (Graph B1).
Therefore, don't be hoodwinked by superficial comparisons into believing that gold stocks are now
priced for a hundreds - of - dollars -
per -
ounce lower gold
price and, as a consequence, that massive gains lie ahead for gold stocks even if the gold
price flat - lines or continues to trend downward.
PZG believes the key evaluation factors when reviewing potential projects to acquire includes: • In close proximity to Infrastructure; • proximity to other operating mines; • upside exploration potential to increase mineral inventory; • high grades to minimize projected operational cost
per ounce, or potential for high grades discoveries through exploration; • good potential economic outcome in
low metal
price environments; • good metallurgical recoveries to have a simple and proven process for gold and silver extraction.
Experts say that gold's
prices will drop to
lower than the $ 1,000
per ounce next year, but who knows?