how pathetic is the price of gold

I wonder why I never read how pathetic the price of gold

The cost of producing iron ore is about $60
Sells for around $130

The cost of producing copper is about $2 a pound
Sells for over $3

The cost of producing a barrel of oil is about $60
Sells for over $100

The gold councel says the average cost of producing an oz of gold is $1200
Now it sells for $1328

Seams at least $1800 should be a minimum
$2000 about right

Imoo