Mineral Industry Surveys

U.S. Department of the Interior January 2007 

U.S. Geological Survey 

For information, contact: 

Micheal W. George, Gold Commodity Specialist 

U.S. Geological Survey

989 National Center 

Reston, VA 20192

Telephone: (703) 648-4962, Fax: (703) 648-7757

E-mail: mgeorge@usgs.gov 

Mahbood Mahdavi (Data)

Telephone: (703) 648-7778 

Fax: (703) 648-7975

E-mail: mmahdavi@usgs.gov 

Wanda G. Wooten (Mine Data) 

Telephone: (703) 648-4980 

Fax: (703) 648-7975

E-mail: wwooten@usgs.gov

Internet: http://minerals.usgs.gov/minerals

GOLD IN OCTOBER 2006

U.S. mines produced 23,100 kilograms (kg) of gold in

October, a 12% increase compared with that of September, 

according to the U.S. Geological Survey. The daily production 

rate of gold in October was 746 kg, 8% more than the 

September 2006 average rate of 688 kg and 7% higher than the 

revised 2005 annual average daily production rate of 699 kg. 

Engelhard Industries’ average gold price for October was 

$587.43 per troy ounce, down slightly from the average 

September price.
Other

Nevada States2 Total

2005:p

October 18,300 r 3,440 21,800 r

November 17,700 r 3,650 21,400 r

December 19,100 r 3,420 22,500 r

January-December 212,000 r 43,700 255,000 r

2006:

January 15,100 r 3,170 18,300 r

February

r 14,800 3,350 18,100

Marchr 18,300 4,100 22,400

Aprilr 15,900 3,730 19,700

May

r 15,400 4,240 19,600

June 15,600 r 4,170 19,800 r

July

r 15,300 4,350 19,600

Augustr 15,500 4,040 19,600

September

r 16,800 3,850 20,700

October 19,500 3,690 23,100

January-October 162,000 38,700 201,000

TABLE 1

(Kilograms)

2

Includes Alaska, Arizona, California, Colorado, Idaho, Montana, New Mexico, 

South Dakota, Utah, and Washington.

MINE PRODUCTION OF RECOVERABLE GOLD IN THE UNITED STATES, 

BY STATE1

p

Preliminary. rRevised. 1

Data are rounded to no more than three significant digits; may not add to totals 

shown.

2
Engelhard Industries:

2005:

Low/date 412.45 Feb. 8

High/date 538.06 Dec. 12

Average 446.20

2006:

August:

Low/date 615.09/29

High/date 656.16/2

Average 633.78

September:

Low/date 575.23/15

High/date 639.48/5

Average 598.42

October:

Low/date 562.35/6

High/date 610.18/30

Average 587.43

Year to date:

Low/date 526.29 Jan. 5

High/date 726.88 May 12

Average 600.94

Handy and Harman:

2005, average 444.79

2006:

August 632.10

September 596.76

October 585.78

Year to date 599.14

London Final:

2005, average 444.88

2006:

August 632.59

September 598.19

October 585.78

Year to date 599.44

TABLE 2

 GOLD PRICES

(Dollars per troy ounce)

Source: Platts Metals Week.

3
Waste Metal Gold

Ores and Doré and Refined and scrap powder compounds

Period and country concentrates2 precipitates bullion3 Total4 (gross weight) (gross weight) (gross weight)

Imports for consumption: 

2005 1,630 234,000 105,000 341,000 27,300 1,990 29,500

2006:

July 333 11,800 14,100 26,200 3,350 194 7,030

August 188 8,280 10,800 19,200 3,150 98 1,700

September:

Brazil -- -- 328 328 -- -- --

Canada -- 1 6,300 6,300 186 5 113 5 --

Chile -- 1,020 800 1,820 -- -- --

Colombia -- 593 1 594 308 -- --

Costa Rica -- -- 10 5 10 181 5 -- --

Dominican Republic -- -- -- -- 753 5 -- --

Germany -- -- (6) (6) -- 2 5 560

Guatemala -- 2,070 5 -- 2,070 8 5 -- --

Honduras -- 387 144 531 79 5 -- --

Japan -- -- -- -- -- -- 385

Mexico -- 80 5 3,080 5 3,160 808 5 12 5 --

Peru -- 5,250 -- 5,250 -- -- --

United Kingdom -- -- 464 5 464 -- -- 8

Other 2 167 5 138 5 308 213 5 12 --

Total 2 9,570 11,300 20,800 2,540 139 953

Year to date 1,050 101,000 104,000 206,000 32,600 1,140 32,600

Exports:

2005 1,380 141,000 182,000 324,000 563,000 687 1,310,000

2006:

July 59 8,540 16,200 24,800 17,700 386 109,000

August 223 30,400 25,100 55,700 27,300 131 131,000

September:

Canada 16 5 -- 19 5 35 12,500 5 1 5 18,900 5

China -- -- -- -- -- -- 15,600 5

Dominican Republic 50 5 -- -- 50 -- -- 3,140 5

Germany -- -- -- -- 3,870 5 (6) 395 5

Guatemala 21 -- 106 126 100 5 -- --

Hong Kong -- -- 513 513 -- -- --

India 67 5 -- -- 67 -- -- 1,230 5

Israel -- -- -- -- -- -- 4,110 5

Korea, Republic of -- -- 3 3 -- -- 236 5

Mexico 39 5 -- 770 5 810 -- -- 1,870 5

Netherlands -- -- -- -- -- -- 217 5

Panama -- -- -- -- -- -- 416 5

Singapore -- -- -- -- -- -- 45,400 5

Switzerland -- 13,800 10,800 24,600 38 5 5 --

Taiwan -- -- -- -- -- -- 8,750 5

United Arab Emirates -- -- 3,080 3,080 -- -- --

United Kingdom 1 5 -- 10,900 10,900 15,000 5 2 --

Other 7 5 -- 238 5 245 47 5 117 --

Total 201 13,800 26,400 40,400 31,500 126 100,000

Year to date 2,150 122,000 171,000 295,000 403,000 860 1,010,000

3

Bullion also moves in both directions between U.S. markets and foreign stocks on deposit in the Federal Reserve Bank. Monetary gold excluded.

TABLE 3

 U.S. IMPORTS AND EXPORTS OF GOLD1

(Kilograms of gold content, unless otherwise specified)

4

"Waste and scrap," "Metal powder," and "Gold compounds" not included in "Total."

1

Data are rounded to no more than three significant digits; may not add to totals shown.

-- Zero.

5

All or part of these data have been referred to the U.S. Census Bureau for verification.

Source: U.S. Census Bureau.

2

Includes gold content of base metal ores, concentrates, and matte imported for refining.

6

Less than 1⁄2 unit.

4