Mining
Gov’t, large-scale miners sign MOU on 30% Gold purchase under GANRAP
World Gold brief based on reporting byCitiNewsroom.com
Reported by CitiNewsroom.com: “Gov’t, large-scale miners sign MOU on 30% Gold purchase under GANRAP”. Gold settled at $4,407 an ounce on August 13, 2026 — $141.69 per gram, -0.04% on the day. The headline carries a figure: 30% — quoted as published, not independently verified.
Changes in production, costs and reserves affect future metal availability. The impact is slower than rates or the dollar, but material for the long-term supply balance.
- mine output
- production costs
- capital expenditure
- recycling
- production guidance
- producer AISC
- new projects and permits
- official confirmation of 30%
Methodology and transparency
This World Gold brief is based on the headline and available metadata. We do not reproduce the publisher's article or add unverified details. The price on the date of the report is our own data: the daily COMEX futures settlement, converted to grams at 31.1035 g per troy ounce.