4 Top Gold Stocks I''m Buying Now in 2020
Let''s say, for example, that the price of gold is 1,200 per ounce. A gold company might be able to mine gold at a cost of 1,000 per ounce. Gold companies generally measure this by their allin sustaining cost (AISC) per ounce. So in oversimplified terms for the purpose of example, they make 200 per ounce in profit at current prices.