Gold Database Extract: Artisanal Gold Prices Pre and Post Covid-19
By Artisanal Gold Council - April 21, 2020
The Artisanal Gold Council has been collecting data on gold prices offered to artisanal miners both pre-and-post Covid-19 in countries around the world. The table below is a sample of that data. The full database will go live in the next few days. Our thanks to the many individuals and organizations who contributed data. The AGC’s Kenneth Porter and Jennifer O’Neil compiled the database.
Country |
Prov/State/Dept |
Pre-Covid Price |
Post-Covid Price |
Covid Price Drop |
Data Source |
Sample Size |
||
US$/g |
% Spot |
US$/g |
% Spot |
% Spot |
||||
Africa |
||||||||
| Burkina Faso | South West Total | $44.78 | 94% | $27.59 | 55% | -39% | AGC | 5 |
| Ghana | Ashanti region | $47.27 | 97% | $40.14 | 75% | -22% | Gad Amankwaah Amoako | 1 |
| Sierra Leone | Koinadugu district | $42.90 | 88% | $35.38 | 68% | -20% | PACT Jorden de Haan | 1 |
| Sierra Leone | Kono district | $37.15 | 76% | $17.51 | 34% | -42% | PACT Jorden de Haan | 1 |
| Kenya | Migori County | $40.82 | 84% | $33.92 | 65% | -19% | PACT Jorden de Haan | 1 |
| Mali | Koulikoro | $40.82 | 95% | $38.70 | 76% | -19% | AGC | 1 |
South America |
||||||||
| Colombia | Choco | $35.53 | 73% | $32.63 | 60% | -13% | AGC | 5 |
| Peru | Sur Medio | $48.11 | 95% | $25.97 | 51% | -48% | ARM | 1 |
| Peru | Madre De Dios | n/a | n/a | $31.21 | 58% | n/a | Center for Amazonian Scientific Innovation | CINCIA | 3 |
Australasia |
||||||||
| -Papua New Guinea | Morobe Province | $39.91 | 75% | $33.73 | 65% | -10% | AGC, MRA | 4 |
Asia |
||||||||
| Mongolia | Khovd | n/a | n/a | $41.88 | 78% | n/a | AGC Mongolia | 7 |
| Mongolia | Selenge | n/a | n/a | $36.85 | 68% | n/a | AGC Mongolia | 7 |
| Mongolia | Tuv Province | n/a | n/a | $47.66 | 89% | n/a | AGC Mongolia | 9 |
| Mongolia | Umnugobi | n/a | n/a | $48.80 | 91% | n/a | AGC Mongolia | 7 |
| Philippines | Agusan Del Sur | n/a | n/a | $39.57 | 73% | n/a | BSCSSMARADS / ASSPARADS | 6 |
| Philippines | Benguet | n/a | n/a | $47.34 | 88% | n/a | Luneta Miners Association | 6 |
| Country | Pre-Covid Price | Post-Covid Price | Covid Price Drop | ||
| US$/g | % Spot | US$/g | % Spot | % Spot | |
| Africa | |||||
| Burkina Faso | $44.78 | 94% | $27.59 | 55% | -39% |
| Ghana | $47.27 | 97% | $40.14 | 75% | -22% |
| Sierra Leone | $42.90 | 88% | $35.38 | 68% | -20% |
| Sierra Leone | $37.15 | 76% | $17.51 | 34% | -42% |
| Kenya | $40.82 | 84% | $33.92 | 65% | -19% |
| Mali | $40.82 | 95% | $38.70 | 76% | -19% |
| South America | |||||
| Colombia | $35.53 | 73% | $32.63 | 60% | -13% |
| Peru | $48.11 | 95% | $25.97 | 51% | -48% |
| Peru | n/a | n/a | $31.21 | 58% | n/a |
| Australasia | |||||
| -Papua New Guinea | $39.91 | 75% | $33.73 | 65% | -10% |
| Asia | |||||
| Mongolia | n/a | n/a | $41.88 | 78% | n/a |
| Mongolia | n/a | n/a | $36.85 | 68% | n/a |
| Mongolia | n/a | n/a | $47.66 | 89% | n/a |
| Mongolia | n/a | n/a | $48.80 | 91% | n/a |
| Philippines | n/a | n/a | $39.57 | 73% | n/a |
| Philippines | n/a | n/a | $47.34 | 88% | n/a |