Published at 1000 × 667 in No evidence Uganda has discovered 320,000 tonnes of gold worth $12 trillion – and evidence against it
The average gold price for the second quarter – April, May and June – of 2025 was $3,280.35 per troy ounce, up by 40% on the same period in 2024. At that price, Uganda’s supposed gold find would be worth $33.8 trillion. That’s more than the value of all global trade in 2024.
