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  2. The price of gold is at a record high. Here's why

    lite.aol.com/pf/story/0001/20240821/3644f0689b92...

    The spot price of gold closed Tuesday at just over $2,514 per Troy ounce — the standard for measuring precious metals, which is equivalent to 31 grams. That would make a gold bar or brick weighing 400 Troy ounces worth more than $1 million today. This week's record high means that the price of gold has climbed hundreds of dollars per Troy ...

  3. The price of gold is at a record high. Here's why

    www.aol.com/news/price-gold-record-high-heres...

    The spot price of gold closed Tuesday at just over $2,514 per Troy ounce — the standard for measuring precious metals, which is equivalent to 31 grams. That would make a gold bar or brick ...

  4. The price of gold keeps climbing to unprecedented heights ...

    www.aol.com/price-gold-keeps-climbing...

    That would make a gold bar or brick weighing 400 Troy ounces worth more than $1.06 million today. This week's record high means that the price of gold has climbed hundreds of dollars per Troy ...

  5. Closing prices for crude oil, gold and other commodities

    www.aol.com/news/closing-prices-crude-oil-gold...

    Gold for December delivery rose $30.90 to $2,463.30 per ounce. Silver for September delivery rose 67 cents to $27.61 per ounce, and September copper rose 1 cent to $3.96 per pound. The dollar rose ...

  6. Gold fixing - Wikipedia

    en.wikipedia.org/wiki/Gold_fixing

    On 21 January 1980 the gold fixing reached the price of $850, a figure not surpassed until 3 January 2008 when a new record of $865.35 per troy ounce was set in the a.m. fixing. However, when indexed for inflation, the 1980 high corresponds to a price of $2,305.18 in 2011 dollars, [ 4 ] thus the 1980 record still holds in real terms .

  7. Gold as an investment - Wikipedia

    en.wikipedia.org/wiki/Gold_as_an_investment

    For example, if one owns a share in a gold mine where the costs of production are US$300 per troy ounce ($9.6 per gram) and the price of gold is $600 per troy ounce ($19/g), the mine's profit margin will be $300. A 10% increase in the gold price to $660 per troy ounce ($21/g) will push that margin up to $360, which represents a 20% increase in ...

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