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Gold Surges as Miner Margins Triple on Explosive Operating Leverage

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Gold prices have doubled since March 2024, driving gold miner profit margins up more than threefold to record levels.
  • With average AISC margins reaching $3,076 per ounce, operating leverage significantly boosts miner cash flow, reinforcing a sustained bullish macro backdrop for the underlying metal.
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XAUUSD price history

4320.30 -9.35% over the displayed period

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