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Answer: What is the average cost of mining per ounce? > World Gold Council, the information resource for gold, investment, jewellery, science and technology, historical and culture

 

Frequently Asked Questions

What is the average cost of mining per ounce?

The average cost of replacing and producing an ounce of gold rose to $428/oz in 2005, a ten-year high, according to Metals Economics Group, based on a study of 18 major gold producing companies. However, costs vary widely between companies and the mines themselves.
  • Gold Spot Price
  • Bid: $1254.60
  • Ask: $1255.40
  • Last Update: 08:13 BST
  • 9 Sep 2010
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