Friday, November 13, 2026
Blink News
Global Gold Mining Costs Hit Record High - WGC
FinanceMoneyTabloid / questionableCredibility 38/100⚠️ Blocked in: EU, GB

Global Gold Mining Costs Hit Record High - WGC

Sputnik·sputnikglobe.com·

🔎 Nguồn: Lá cải / nghi vấn · Khách quan, có dẫn nguồn từ Hội đồng Vàng Thế giới (WGC).

Original (en)

Global gold mining costs rose by 8% in the second quarter since the beginning of the year and reached a record high, the World Gold Council (WGC) said on Tuesday.

2026-11-10T14:31+0000

2026-11-10T14:31+0000

2026-11-10T14:31+0000

https://cdn.imgsputnikglobe.com/img/07ea/02/06/11235998280:42:3492:20061920x080004addbebb2566f0c4562931238c081d11.jpg.webp

Sputnik International

feedback@sputniknews.com

MIA „Rossiya Segodnya“

Sputnik International

feedback@sputniknews.com

MIA „Rossiya Segodnya“

Sputnik International

feedback@sputniknews.com

MIA „Rossiya Segodnya“

https://cdn.imgsputnikglobe.com/img/07ea/02/06/1123599828381:0:3112:20481920x08000c6981516519400c4d31bc558f07c0ef8.jpg.webp

Sputnik International

feedback@sputniknews.com

MIA „Rossiya Segodnya“

Sputnik International

business, world gold council, economy, gold

business, world gold council, economy, gold

MOSCOW (Sputnik) - Global gold mining costs rose by 8% in the second quarter since the beginning of the year and reached a record high, the World Gold Council (WGC) said on Tuesday.

All-In Sustaining Costs is an indicator reflecting the total costs of a gold mining company to extract one troy ounce of gold and maintain the current level of production in the long term, meaning it includes both fixed and variable costs.

According to analysts, the rise in costs has been recorded for the 29th consecutive year, underscoring the sustained nature of inflationary pressure on expenses. Analysts forecast that high fuel procurement costs, ongoing supply chain issues, and inflationary pressure will contribute to further growth in gold mining costs.

15 August, 06:25 GMT

Read original ↗Content belongs to the original source — Blink News only aggregates & links.