4 Top Gold Stocks I'm Buying Now for 2021
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. If gold drops to 1,000, their profit disappears. If gold goes up to 1,400, their profit doubles to 400, even though gold ...