Freeport's Gold Operations Stay Resilient Despite Bullion's Steepest Quarterly Drop Since 2013

Despite gold suffering its steepest quarterly decline in over 13 years, Freeport-McMoRan showed resilience in its gold segment. The firm realized an average gold price of $4,520 per ounce, up 37% from the second quarter of the prior year, while copper rose 36% to $6.17 per pound.