Although prices per ounce in dollars are typically used, you can also easily access the gold price in alternative currencies and alternative weights. Smaller investors, for example, may be more interested in the price of gold per gram than ounces or kilos.
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Since the bull market for gold began in 2003, the world's major gold mining companies have produced tens of millions of ounces of gold and have raised (and writtenoff) many billions of dollars for capital expenditures and acquisitions. Despite a gold price that appreciated from 344 to 1260 an ounce...
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What Drives The Price Of Gold?
Gold Production Major players in worldwide gold mining include China, South Africa, the United States, Australia, Russia, and Peru. The world's gold production affects the price of gold, another ...