Surging Gold Prices Drive Record Margins Despite Mining Costs Rising 16% in Q1'26: World Gold Council

Gold price surge brings huge gains to producers in Q1’26, WGC says

Global average gold producer All-In Sustaining Costs (AISC) rise by 5% quarter-on-quarter and 16% year-on-year to $1,785 per ounce during the first quarter of 2026

Surging gold prices drive record margins despite mining costs rising 16% in Q1'26: World Gold Council

Gold producers achieved record margins and cash flows in early 2026. Rising royalty payments significantly increased mining costs during this period. Despite higher expenses, gold prices surged to historic highs. Miners maintained capital discipline, returning substantial funds to shareholders. Supply chain disruptions are expected to further impact costs in the next quarter.

Record Gold Prices Outpace Rising Mining Costs In Q1 2026

Fuel and power were among the largest concerns for gold miners as global energy prices spiked and diesel shortages became a risk in some jurisdictions. Read more here.

Gold Price Surge Gives Miners Stronger Margins Despite Rising Costs

New Delhi, Aug 29: Gold mining companies recorded a strong start to 2026 as record bullion prices helped offset a sharp increase in production costs, resulting in stronger margins and cash flows during the first [...] The post Gold Price Surge Gives Miners Stronger Margins Despite Rising Costs appeared first on Business News This Week.