- Gold Trading | August 22, 2016
The BIS-network keeps a lid on the dollar gold price. Since 2013 the dollar gold price per ounce gold is lower than the all-in company costs per ounce gold. The question is how long this can go on. Because of the sharp increase in gold mining costs the dollar gold price needed to reach $ 3,000 an ounce in 2017 for the industry to stay profitable and stay in business.