The California Natural Resources Agency says the largest nugget ever mined in the state was found in 1854 and weighed 195 pounds . Gold closes at $ 1,393.40 an ounce in electronic trading on Wednesday . The price of gold has been falling for the past few weeks as investors have become concerned about a possible global economic slowdown and rising interest rates. The winning bidder pays $ 400,000 for the nugget . The largest nugget ever mined in California weighed 195 pounds .
Gold closes at $ 1,393.40 an ounce in electronic trading on Wednesday . The price of gold has been falling for the past few weeks as investors have become concerned about a possible global economic slowdown and rising interest rates. The winning bidder pays $ 400,000 for the nugget . The largest nugget ever mined in California weighed 195 pounds .