Sentences with phrase «of ounces of gold»

So if you bought a gold futures contract, you'd be agreeing to buy a certain number of ounces of gold from the futures seller on a date in the future.

The Filo del Sol project that straddles the border between Argentina and Chile has a potential resource of billions of pounds of copper, and millions of ounces of gold.

We have a simple, sustainable dividend formula based on the average realized gold price and the number of ounces of gold sold.

The dividend was based on the average realized gold price and the number of ounces of gold sold by Eldorado in the preceding two quarters.

, topping $ 1,250 and surpassing the price of an ounce of gold — though it's worth noting that it dropped dramatically in the days that followed (but we'll get back to that).

For the first time, yesterday, March 2, the price of 1 Bitcoin surpassed the trading value of an ounce of gold, with Bitcoin valued at $ 1,265 and an ounce of gold at $ 1,237.

On a large scale, these companies are pursuing what many people have been doing with computers in their basements for years: mining for a digital asset that is now trading at around 13 times the price of an ounce of gold.

Every 100 OZcoinGold coins will be backed by 1/3 of an ounce of gold bullion stored in Australia's Perth mint and 2/3 of an ounce of secured gold reserves.

In a gold bull market the «value» of an ounce of gold rises relative to the major equity indices and both senior currencies.

If you have inflationary pressure, the «value» of an ounce of gold (or barrel of oil, etc) may «double», but it's really because the underlying comparator has lost «half» its value.

They tend to track gold prices pretty closely as they represent a 1 / 100th or 1 / 10th of an ounce of gold.

Priced initially with par of an ounce of gold, no interest paid.

For a commodity ETF like GLD, it is one tenth of the spot price of an ounce of gold.

That's at the upper end of the range for such books and I note the irony that such a price is slightly over the $ 35 price of an ounce of gold that held throughout a large part of the early 20th century.

Since the gold rates change on a daily basis and it varies from one place to the other, the rate of an ounce of gold varies accordingly.

As of Thursday, the price of a single unit of the popular cryptocurrency had climbed above the price of an ounce of gold.

Not exact matches

By 2009, the company was processing up to 4,000 fine ounces of gold per week.

Gold, meanwhile, hit a six - week low of $ 1,307.40 an ounce, as the dollar strength and bets on higher interest rates kept it on the slide having already gone dropped through its 100 - day moving average.

The miner kept unchanged its 2018 gold production forecast of between 4.5 million and 5 million ounces, which will put it behind rival Newmont Mining Corp..

Spot gold rose 0.3 percent to $ 1,308.54 per ounce on Thursday morning, ahead of much - anticipated talks between the world's two largest economies.

You can buy an option to purchase gold at $ 1,700 per ounce today, and if the price of gold goes above $ 1,700, you can exercise the contract for a profit.

Another plus is its all - in cost — the metric takes into account the total cost gold production — of $ 1,212 an ounce.

In a span of one minute, 21,256 gold futures contracts, equal to more than 2 million ounces, traded just before Federal Reserve Chair Janet Yellen addressed a gathering of policy makers in Jackson Hole, Wyoming.

They also saw the riches coming out of the Sudan's Hassai gold mine, which is run in partnership with Montreal's La Mancha Resources and expected to produce between 60,000 — 70,000 ounces of the yellow metal this year.

Gold miner Northern Star Resources has posted a steady quarterly result, with the company confident it will hit its 2018 output target of 600,000 ounces per annum.

«One friendly but sharp - eyed commentator on Berkshire has pointed out that our book value at the end of 1964 would have bought about one - half ounce of gold and, 15 years later, after we have plowed back all earnings along with much blood, sweat and tears, the book value produced will buy about the same half ounce.

Gold producer Northern Star Resources said today it expects to lift 2015 production to 600,000 ounces, at the top end of its guidance range, after it more than doubled the resource at its Pegasus deposit at the Kundana mine.

Instead, you can acquire Maple Leaf gold coins that are 1⁄10 th of an ounce and British Sovereign coins under a quarter ounce.

The company is forecasting 85,000 to 95,000 ounces of gold production in FY 17 from Karouni having overcome a few technical issues in the first half.

Gold is up by 3.8 % at $ 49.50 an ounce as of 11:42 p.m. ET at $ 1,324 an ounce.

In March the company announced an updated resource estimate of 10.46 million tonnes at 1.6 grams per tonne for 529,000 ounces of gold.

Bitcoin has been on another tear of late, nudging a record of $ 1,300 per unit — more than an ounce of gold.

Meanwhile, if you own one ounce of gold for an eternity, you will still own one ounce at its end.

He predicts gold prices will reach 2018 highs of $ 1,400 an ounce before the fourth quarter — about a 6 percent gain from current levels.

The addition of high - grade ounces is the latest good news for Blackham, who, earlier this month, confirmed a stunning turnaround in the performance of the Matilda / Wiluna gold project.

Gold production in February climbed to a record 6,713 ounces and the company is now well on its way to hitting its guidance of 40,000 to 45,000 ounces for the half - year to 30 June.

The yield on the 10 - year Treasury fell below 2 % for the first time since May 2013 in early trading in Europe, while gold rose to a three - week high of $ 1.213.60 a troy ounce, as investors once again shunned anything that smelled remotely of risk.

Instead of Cinnabons, a kiosk in one terminal sells gold by the ounce.

In June, the company announced the startup of the Efemcukuru Gold Mine in Turkey, which is expected to produce 120,000 ounces of gold per year when it hits full productGold Mine in Turkey, which is expected to produce 120,000 ounces of gold per year when it hits full productgold per year when it hits full production.

Using this framework, Rickards proposes a scenario in which the world shifts partially back to the gold standard, with an ounce of gold being valued at $ 10,000 per ounce.

If you look back to the 70s, 80s and 90s, in every one of those decades, the industry found at least one 50 + million ounce gold deposit, at least ten 30 + million ounce deposits and countless 5 to 10 million ounce deposits.

For instance, when the silver - to - gold ratio hits 80 - which means that it takes 80 ounces of silver to buy one ounce of gold - silver prices usually climb.

At 0.52 (meaning one ounce of palladium is worth 0.52 ounces of gold), it's about 15 percent below its long - term average.

The Perth based company has locked down an option to purchase a mothballed, fully permitted gold mine that has historically produced around 250,000 ounces of gold at an amazing average grade of around an ounce to the tonne.

Gold touched a 3-1/2 - week low earlier in the session and was trading down slightly at $ 1,250 an ounce ahead of U.S. trading.

RBC Capital Markets forecasts gold will trade broadly between $ 1,050 and $ 1,200 this year, with an average price of $ 1,150 per ounce.

Gold prices, which hit a record highs near US$ 1,900 an ounce back in August, have been falling since beginning the year and stock prices of miners have come down with them.

PERTH - BASED gold miner Hill 50 Gold NL produced 45,277 ounces of gold for the June quarter from its operations in the Mt Magnet area of the Murchison goldfields ingold miner Hill 50 Gold NL produced 45,277 ounces of gold for the June quarter from its operations in the Mt Magnet area of the Murchison goldfields inGold NL produced 45,277 ounces of gold for the June quarter from its operations in the Mt Magnet area of the Murchison goldfields ingold for the June quarter from its operations in the Mt Magnet area of the Murchison goldfields in WA.

For example, in periods of low market volatility and average demand, a one ounce gold American Eagle coin might be offered at 4.5 % over spot, but periods of weak demand can bring the price down to 3.5 % over spot, or lower.

The day after the referendum, gold jumped nearly 5 percent and since then has held above $ 1,300 an ounce, helping to achieve its best first half of the year since 1974.