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Gold Database Extract: Artisanal Gold Prices Pre and Post Covid-19

By Shawn Blore - April 21, 2020

Posted in: Categories COVID-19 Tagged as: Tags Gold Trade

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

 

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