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2. 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 ...

3. Gold touches record high amid 'firm demand' from central ...

   www.aol.com/finance/gold-touches-record-high...

   Gold futures are up more than 23% year-to-date, making it one of the best-performing metals of the year. "We see gold prices rising to USD 2,600/oz by the end of 2024 amid firm demand from central ...

4. Why gold prices just hit a record

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   The price of spot gold topped $2,500 an ounce on Friday, a new high. ... The price of spot gold climbed past $2,500 an ounce to ... a senior market analyst at FxPro, gold could eventually trade ...

5. Platinum as an investment - Wikipedia

   en.wikipedia.org/wiki/Platinum_as_an_investment

   It subsequently fell to US$774 per troy ounce ($25/g) in November 2008. [8] As of 21 November 2022, the platinum spot price in New York was $980 [9] per ounce, compared to $1,742 per ounce for gold [10] and $20.84 per ounce for silver. [11] Platinum is traded in the spot market with the code "XPT". When settled in United States dollars, the ...

6. SPDR Gold Shares - Wikipedia

   en.wikipedia.org/wiki/SPDR_Gold_Shares

   If the share price differs from the gold market price, the fund's manager exchanges blocks of 100,000 shares for 10,000 ounces of gold. The possibility of such exchanges keeps the ETF price roughly in line with the gold price, although the prices can diverge during each day. As of March 31, 2019, the trust had 24,572,554.8 ounces of vaulted ...

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 ...