ilmscore | Prediction Details
"So right now we're at three times the cost of production. Yeah."
By Finance With Sharan | October 17, 2025 | Incorrect
From video
20-Year Market Expert on How to Future-Proof Your Money | Gold, Commodities & What’s Next | FWS 74 00:14:44 - 00:14:46
Interpreted Prediction
The current gold price is three times its cost of production.
AI Evaluation Notes
Based on Kitco's data, the cost of production for gold in 2025 averaged around $1200-$1300 per ounce. With gold prices averaging around $2000 per ounce during that time, the ratio is closer to 1.5-1.6 times the cost of production, not three times.

Prediction Details

Topic
Gold Price to Production Cost Ratio

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