Sentences with phrase «ounce of gold at»

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.

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.

Not exact matches

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.

«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.

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.

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

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.

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.

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.

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.

At last check, spot gold was barely changed at $ 1,172.65 an ounce, while gold futures for August delivery was up 0.05 % to $ 1,172.40 an ounce as of 12:09 p.m. ET todaAt last check, spot gold was barely changed at $ 1,172.65 an ounce, while gold futures for August delivery was up 0.05 % to $ 1,172.40 an ounce as of 12:09 p.m. ET todaat $ 1,172.65 an ounce, while gold futures for August delivery was up 0.05 % to $ 1,172.40 an ounce as of 12:09 p.m. ET today.

The FTSE Gold Mines Index Series encompasses all gold mining companies that have a sustainable and attributable gold production of at least 300,000 ounces a year, and that derive 75 % or more of their revenue from mined gGold Mines Index Series encompasses all gold mining companies that have a sustainable and attributable gold production of at least 300,000 ounces a year, and that derive 75 % or more of their revenue from mined ggold mining companies that have a sustainable and attributable gold production of at least 300,000 ounces a year, and that derive 75 % or more of their revenue from mined ggold production of at least 300,000 ounces a year, and that derive 75 % or more of their revenue from mined goldgold.

When all gold was collected, FDR immediately devalued the dollar by reissuing the price of gold at $ 35 an ounce.

Citizens were then given paper dollars for their gold, at a price of $ 20.67 per ounce.

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.

To date Amarillo has tested 5 of the 19 known old workings at Lavras do Sul and 4 of these have returned significant gold values, including the Butia prospect 215,000 ounces of gold Indicated from 6.4 MT at 1.05 g / t Au, and 308,000 ounces of gold Inferred from 12.9 MT at 0.74 g / t Au using a 0.30 g / t cut - off grade.

When the ratio is at 1, one ounce of gold could be exchanged for one unit of the benchmark S&P 500 Index.

An ounce of gold for August delivery was trading at $ 1,358.70, while the most commonly used exchange - traded fund that tracks the price of gold, the SPDR Gold Trust (ETF)(NYSE: GLgold for August delivery was trading at $ 1,358.70, while the most commonly used exchange - traded fund that tracks the price of gold, the SPDR Gold Trust (ETF)(NYSE: GLgold, the SPDR Gold Trust (ETF)(NYSE: GLGold Trust (ETF)(NYSE: GLD...

Silver futures settled last Friday in New York at 16.26 an ounce while currently trading at 16.36 up about $ 0.10 for the trading week reacting neutral off of the monthly unemployment number which was released this morning stating that we added 103,000 jobs which were very disappointing sending gold prices higher, however having very little impact on silver.

The Company's prime asset is the Mara Rosa Gold Project (100 % owned) in central Brazil, which contains resources of 1,250,000 ounces of gold in 25MT at 1.56 g / t Au Measured and Indicated and 300,000 ounce of gold in 8.4 MT at 1.26 g / t Au InferreGold Project (100 % owned) in central Brazil, which contains resources of 1,250,000 ounces of gold in 25MT at 1.56 g / t Au Measured and Indicated and 300,000 ounce of gold in 8.4 MT at 1.26 g / t Au Inferregold in 25MT at 1.56 g / t Au Measured and Indicated and 300,000 ounce of gold in 8.4 MT at 1.26 g / t Au Inferregold in 8.4 MT at 1.26 g / t Au Inferred *.

The 235,626 ounces of gold produced at Lihir during the quarter was better than six of the past nine quarters, and suggests the mine is still capable of becoming the million ounce per year gold mine that it was always supposed to be.

Comprising 70 kilometers of contiguous claims in a core district for Goldcorp, the highly - prospective Borden Gold project currently has reported underground constrained indicated resources of 1.6 million ounces of gold (9.3 Mt @ 5.39 g / t) and inferred resources of 0.4 million ounces of gold (3Mt @ 4.37 g / t) at a 2.5 g / t gold cut - off grGold project currently has reported underground constrained indicated resources of 1.6 million ounces of gold (9.3 Mt @ 5.39 g / t) and inferred resources of 0.4 million ounces of gold (3Mt @ 4.37 g / t) at a 2.5 g / t gold cut - off grgold (9.3 Mt @ 5.39 g / t) and inferred resources of 0.4 million ounces of gold (3Mt @ 4.37 g / t) at a 2.5 g / t gold cut - off grgold (3Mt @ 4.37 g / t) at a 2.5 g / t gold cut - off grgold cut - off grade.

He started his career with Gold Fields at the St Helena Gold Mine as a graduate trainee and progressed via various operational roles from being an underground shift boss to become Vice President and Head of Operations at Kloof Gold Mine in January 1999 at which time Kloof produced over 1,000,000 ounces of gold per anGold Fields at the St Helena Gold Mine as a graduate trainee and progressed via various operational roles from being an underground shift boss to become Vice President and Head of Operations at Kloof Gold Mine in January 1999 at which time Kloof produced over 1,000,000 ounces of gold per anGold Mine as a graduate trainee and progressed via various operational roles from being an underground shift boss to become Vice President and Head of Operations at Kloof Gold Mine in January 1999 at which time Kloof produced over 1,000,000 ounces of gold per anGold Mine in January 1999 at which time Kloof produced over 1,000,000 ounces of gold per angold per annum.

With gold now at $ 1,233.40 per ounce, that option is currently priced around $ 42.30 per ounce, meaning it would cost you $ 4,230 for a minimum purchase of a single June 2012 call option [The minimum purchase would be options on one 100 - ounce contract: The option priced at $ 42.30 per ounce x the 100 ounces in the contract = the $ 4,230 outlay].

The price of gold has fallen by around 28 percent since beginning the year at $ 1,697.70 per ounce.

Dynacor Gold Mines Inc. [DNG - TSX; DNGDF - OTC] says it produced 6,636 ounces of gold during the month of February 2018 at its Veta Dorada processing plant in Peru, surpassing the previous... Read more&raGold Mines Inc. [DNG - TSX; DNGDF - OTC] says it produced 6,636 ounces of gold during the month of February 2018 at its Veta Dorada processing plant in Peru, surpassing the previous... Read more&ragold during the month of February 2018 at its Veta Dorada processing plant in Peru, surpassing the previous... Read more»

Some 500,000 ounces of gold have been produced at the mine.

Also, the total concentrated short position of the 8 largest traders in COMEX gold, while large at 16.4 million ounces, is equal to 60 days production in gold, compared to 163 days in silver.

Completion of an updated mineral resource report in August 2017 for the Madsen deposit, resulting in an indicated resource of 1,648,000 ounces gold at 8.9 g / t gold (in 5.79 million tonnes) and an inferred resource of 178,000 ounces gold at 9.4 g / t gold (in 0.59 million tonnes) at a cut - off grade of 4 g / t gold.

Group production was a record 79,985 ounces of gold, up 23 %, driven by a record 34,881 oz produced at Thunderbox and a jump in Carosue Dam output to 45,104 oz.

With gold prices trading in a range of $ 300 to $ 350 an ounce at the time, it was a great time to be a buyer of the yellow metal.

The life - of - mine operating cash cost, plus sustaining cost is estimated at US$ 714 per ounce of gold recovered.

Gold prices were said to have become a barometer of political and economic fears, but in the end it was just pure GREED that drove the price until it finally peaked in January 1980 at $ 875 an ounce, almost on the very day that Americans were finally allowed to buy and own Gold bullion; the day that the big surge of American buying was to drive Gold to $ 5,000.

For then the world might understand why even at its recent price above $ 1,300 per ounce gold has not come close to keeping up with the inflation, the currency debasement, of the last few decades, why gold has not fulfilled its function of hedging against inflation.

Revenues for the period fell 4 % year - on - year to $ 2.23 - billion, which was mainly a function of 10 % fewer ounces sold at 1.37 - million ounces of gold.

Barrick expects to produce between 4.5 - million and 5 - million ounces of gold this year — down from full - year 2017 output of 5.32 - million ounces of yellow metal — at an AISC ranging between $ 765 / oz and $ 815 / oz.

The company expects to produce an average of between 4.2 - million and 4.6 - million ounces of gold a year between 2019 and 2022, at an AISC of $ 750 / oz to $ 875 / oz.

It is also aiming at growing its reserve base by 20 % over the same period to 60 - million ounces of gold.

If you look back to the 70s, 80s and 90s, in every 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.

Failure to tender your gold could get you a maximum fine of $ 10,000 (492 ounces of gold or approximately $ 625,000 at today's prices) and up to 10 years» imprisonment.

The price of gold futures for December delivery rose $ 3.70 to settle at $ 1,294.70 per ounce after the president's shutdown comments.

Gold futures traded on the Comex division of the New York Mercantile Exchange settled at $ 1,305.10 a troy ounce on Tuesday, having declined 3.5 % over the last two weeks.

Physical gold buying has flooded Europe in the wake of Trump's victory with the yellow metal reaching a six - week high at $ 1,334.40 per ounce.

At the time of this writing, gold is trading at around the $ 1,275 mark, while silver is still below $ 20 at $ 19.53 per ouncAt the time of this writing, gold is trading at around the $ 1,275 mark, while silver is still below $ 20 at $ 19.53 per ouncat around the $ 1,275 mark, while silver is still below $ 20 at $ 19.53 per ouncat $ 19.53 per ounce.

Prices of spot gold, which settled at $ 1,151 per troy ounce in 2016, were hovering close to $ 1,270 per troy ounce heading into December after pulling back from the highs of $ 1,357 earlier this year.

The company earns approximately $ 1 million per year and does have the potential to produce as much as 4,000 ounces of gold each year, which would be pegged at close to $ 6 million.

No ambiguities, no ounce of doubt In this Now at least, this moment pinned, Gold and silver bubbles, thin bands of steel With candles in the wind.