Sentences with phrase «ounces of gold last»

He said the company is focused on Nevada, where its Cortez and Goldstrike properties produced 2.3 million ounces of gold last year — about half of its production.

Not exact matches

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 today.

When gold futures hit an all time high of $ 1,913 an ounce last Tuesday, it seemed our modern civilization was no different from the ancients in its love affair.

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 price of gold is still up $ 80 an ounce compared to this time last year.

There were about 80 million ounces of gold mined on the entire planet last year.

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.

To put that deposit in perspective, 3,000 ounces of gold represents 1.4 per cent of the 209,000 ounces of gold Goldcorp produced from its Red Lake mines complex in 2017, and an even smaller 0.12 per cent of its estimated total gold production last year of 2.6 million ounces.

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.

Mine lasted through three kids, hundreds of ounces of liquid gold, and still works.

Over the last ten years, gold has soared from less than $ 400 per ounce to a peak of about $ 1900 per ounce.

This only means that 100 ounces of gold you purchased last year for an amount of $ 124,770 will make you $ 57,750 if you sold this a year later.

For example, after reaching a high of nearly $ 1,900 an ounce during the foreign debt crisis back in 2011, the price of gold began to slide and by the end of last year had slipped below $ 1,100 an ounce, a decline of more than 40 %.

Moreover, its total cash costs were $ 470 per gold ounce (net of byproduct silver, copper, lead and zinc credits) versus $ 646 last year.

Last year, the company produced 1.5 m ounces and was in the top 10 of gold producers.

As per the market trends, worth of gold increased to USD 1252 per ounce, as compared to USD 1248 last week.

Bitcoin had been trading at record highs last month in expectation of the announcement, at one stage closing on $ 1,300 per coin, and surpassing even the per - spot price for an ounce of gold - truly justifying bitcoin's moniker «digital gold» for the second time in its history.

During the last run up and subsequent collapse of gold / silver «prices», during the 22 % mortgage rate fiasco of 1981 -» 82, I bought $ 15,000 worth of silver bullion as it escalated in price from a start point of about $ 5.60 per ounce to $ 52.00, before crashing back to $ 6.00 within a few days of hitting $ 52.00.