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May 20 marked an all-time high price for gold, at a spot price of $2,435.96 per ounce. Gold futures were higher at $2,438.50. Spot silver also rose to $32.17, an over 11-year high.
Maple Leaf. Design date. 1979 (2015) The Canadian Gold Maple Leaf ( GML) is a gold bullion coin that is issued annually by the Government of Canada. It is produced by the Royal Canadian Mint . The Gold Maple Leaf is legal tender with a face value of 50 Canadian dollars. The market value of the metal varies, depending on the spot price of gold.
The face values are proportional to the weights except for the 1/4 oz coin. While their actual selling price (purchasing power) varies based on the spot price of gold, these coins carry face values of $5, $10, $25, and $50. These are their legal values, reflecting their issue and monetized value as "Gold Dollars", as opposed to standard bullion.
Gold prices extended their rally and scaled to another record high on ... Spot gold added 0.6% to trade at $2,245.79 per ounce. U.S. gold futures rose more than 1% to trade at $2,266.39 per ounce.
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 ...
Find out how gold prices are trending before buying or selling. ... Gold dealers typically charge fees in addition to gold spot prices, CBS News reported. ... if you were to buy a 1-ounce gold bar ...
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