Gold Has Cooled From Its First-Quarter Record, Yet Miners Still Sold Ounces at Prices More Than 20% Above Last Year
Reported by Morgan County Citizen: “Gold Has Cooled From Its First-Quarter Record, Yet Miners Still Sold Ounces at Prices More Than 20% Above Last Year”. Gold settled at $3,899 an ounce on October 30, 2026 — $125.35 per gram, -3.29% on the day. The headline carries a figure: 20% — 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. Checked against our data: the trailing twelve-month high is $5,318 (January 29, 2026), so that day's settlement was not a record. The headline may refer to another market — spot, a local currency — or to an intraday print.
- mine output
- production costs
- capital expenditure
- recycling
- production guidance
- producer AISC
- new projects and permits
- official confirmation of 20%
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.