The price of gold per troy ounce increased considerably between 1990 and 2025, despite some fluctuations. A troy ounce is the international common unit of weight used for precious metals and is approximately **** grams. At the end of 2024, a troy ounce of gold cost ******* U.S. dollars. As of * June 2025, it increased considerably to ******** U.S. dollars. Price of – additional information In 2000, the price of gold was at its lowest since 1990, with a troy ounce of gold costing ***** U.S. dollars in that year. Since then, gold prices have been rising and after the economic crisis of 2008, the price of gold rose at higher rates than ever before as the market began to see gold as an increasingly good investment. History has shown, gold is seen as a good investment in times of uncertainty because it can or is thought to function as a good store of value against a declining currency as well as providing protection against inflation. However, unlike other commodities, once gold is mined it does not get used up like other commodities (for example, such as gasoline). So while gold may be a good investment at times, the supply demand argument does not apply to gold. Nonetheless, the demand for gold has been mostly consistent.
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Key information about Kenya Exchange Rate against USD
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Hong Kong Spot Exchange Rate: HK$ per US Dollar data was reported at 7.847 HKD/USD in Oct 2018. This records an increase from the previous number of 7.828 HKD/USD for Sep 2018. Hong Kong Spot Exchange Rate: HK$ per US Dollar data is updated monthly, averaging 7.756 HKD/USD from Dec 1973 (Median) to Oct 2018, with 539 observations. The data reached an all-time high of 8.200 HKD/USD in Sep 1983 and a record low of 4.609 HKD/USD in Jan 1978. Hong Kong Spot Exchange Rate: HK$ per US Dollar data remains active status in CEIC and is reported by Hong Kong Monetary Authority. The data is categorized under Global Database’s Hong Kong SAR – Table HK.M006: Forex and Effective Exchange Rate Index.
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Key information about Saudi Arabia Exchange Rate against USD
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Graph and download economic data for Sri Lankan Rupees to U.S. Dollar Spot Exchange Rate (EXSLUS) from Jan 1973 to Jun 2025 about Sri Lanka, exchange rate, currency, rate, and USA.
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Key information about Iran Exchange Rate against USD
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Key information about Sri Lanka Exchange Rate against USD
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Key information about Nepal Exchange Rate against USD
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Key information about Philippines Exchange Rate against USD
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The price of gold per troy ounce increased considerably between 1990 and 2025, despite some fluctuations. A troy ounce is the international common unit of weight used for precious metals and is approximately **** grams. At the end of 2024, a troy ounce of gold cost ******* U.S. dollars. As of * June 2025, it increased considerably to ******** U.S. dollars. Price of – additional information In 2000, the price of gold was at its lowest since 1990, with a troy ounce of gold costing ***** U.S. dollars in that year. Since then, gold prices have been rising and after the economic crisis of 2008, the price of gold rose at higher rates than ever before as the market began to see gold as an increasingly good investment. History has shown, gold is seen as a good investment in times of uncertainty because it can or is thought to function as a good store of value against a declining currency as well as providing protection against inflation. However, unlike other commodities, once gold is mined it does not get used up like other commodities (for example, such as gasoline). So while gold may be a good investment at times, the supply demand argument does not apply to gold. Nonetheless, the demand for gold has been mostly consistent.