Historical dataset of nominal and real (inflation-adjusted) gold prices per ounce back to 1915. The series is deflated using the headline Consumer Price Index (CPI) with the most recent month as the base. The current month is updated on an hourly basis with today's latest value.

Gold increased 393.93 USD/t oz. or 15.01% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Gold - values, historical data, forecasts and news - updated on March of 2025.

This statistic depicts the average monthly prices for gold worldwide from January 2014 through January 2025. In January 2025, the average monthly price for gold worldwide stood at 2,709.69 nominal U.S. dollars per troy ounce.

As of December 2024, the London (morning fixing) price of an ounce of gold cost an average of 2,643.83 U.S. dollars, a slight decrease compared to the average monthly morning fixing price of 2,656.09 U.S. dollars per ounce in the previous month.

London fixing gold price In January 2020, the average price for an ounce of fine gold was 1,560.67 U.S. dollars. It increased to 1,935.04 U.S. dollars as of April 2022. Although the monthly price for fine gold fluctuates, the average annual price of fine gold is gradually increasing. In 2001, the price for one ounce of gold was 271 U.S. dollars, and by 2012 the price had risen to some 1,670 U.S. dollars. By 2023, the annual average gold price was nearly 2,000 dollars per ounce. In that year, global gold demand reached 4,448.3 metric tons worldwide. Price determinants of fine gold Fine gold is considered to be almost pure gold where the value of the metal depends on the percentage of fineness. Twenty-four carat gold is considered fine gold (from 99.9 percent gold by mass and higher). London Gold Fix acts as a benchmark for the price of gold. The price of gold is set by the members of the London Gold Market Fixing Ltd undertaken by Barclays and its other members. The price is determined twice per business day at 10:30 am and 3:00 pm based on the London bullion market in order to settle contracts within the bullion market. The price is based on the equilibrium point between supply and demand agreed upon by participating banks. Gold prices must remain flexible and gold fixing provides an instantaneous price at specified times.

Historical dataset of the price of gold in U.S. dollars over the last 10 years.

This statistic depicts the average annual prices for gold from 2014 to 2023 with a forecast until 2026. In 2023, the average price for gold stood at 1,943 U.S. dollars per troy ounce, the highest value recorded throughout the period considered.

During the last quarter of 2024, the gold prices in the USA reached 2652 USD/Troy Ounce (H2 2024 Avg Price) in December. As per the gold price chart, due to changing investor attitudes and economic developments, prices in the United States experienced substantial fluctuations in late 2024.

Explore IMARC’s newly published report, titled “Gold Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” offers an in-depth analysis of gold pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

The price of gold per troy ounce increased considerably between 1990 and 2024, despite some fluctuations. A troy ounce is the international common unit of weight used for precious metals and is approximately 31.3 grams. At the end of 2024, a troy ounce of gold cost 2,386.2 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 274.5 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 that time and time again, 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.

In 2023, one troy ounce of gold had an annual average price of 1,943.08 U.S. dollars. Gold market and industry From 2012 to 2018, the annual average gold price dropped from 1,668.98 U.S. dollars per troy ounce to 1,268.49 U.S. dollars per troy ounce, with a slight growth to approximately 1,400 U.S. dollars per troy ounce in 2019. In 2020 the figure rebounded to a record 1,769.64 U.S. dollars per ounce. The average price has grown significantly from the early 2000s with an annual average price of 279 U.S. dollars per troy ounce in 2001 up to the record high in 2020. Similarly, the costs of mining gold have risen considerably in recent years. In 2005, mining costs totaled 280 U.S. dollars per troy ounce and increased to 566 U.S. dollars per troy ounce in 2010. As of 2022, for example, Canadian company Barrick Gold reported an average realized gold price of 1,795 dollars per ounce. Gold pricing determinants Gold is a metal that is considered malleable, ductile, and is known for its bright lustrous yellow color. This transition metal is highly valued as a precious metal for its use in coins, jewelry, and in investments. Gold was also once used as a standard for monetary policies between different countries. The price of gold is determined by daily fixings where participants agree to buy or sell at a set price or to maintain the price through supply and demand control. For gold, companies like Barclays Capital, Scotia-Mocatta, Sociétè Générale, HSBC, and Deutsche Bank are members in gold fixing at the London Bullion Market Association.

Gold Price in Austria - 2023. Find the latest marketing data on the IndexBox platform.

Gold Price in China - 2023. Find the latest marketing data on the IndexBox platform.

Gold Price in Mexico - 2023. Find the latest marketing data on the IndexBox platform.

Gold Price in Switzerland - 2023. Find the latest marketing data on the IndexBox platform.

According to Cognitive Market Research, the global cyanide for gold mining market size is USD XX million in 2023 and will expand at a compound annual growth rate (CAGR) of 5.20% from 2023 to 2030

An increasing number of businesses are requiring more gold, which has a significant impact on the cyanide for gold mining market dynamics.
Demand for 30 percent sodium cyanide solution remains higher in the cyanide for gold mining market.
The cyanide tank leaching category held the highest cyanide for gold mining market revenue share in 2023.
North American cyanide for gold mining will continue to lead, whereas the Asia Pacific cyanide for gold mining market will experience the most substantial growth until 2030.

Market Dynamics of cyanide for gold mining market

Key Drivers of cyanide for gold mining market

Increasing Gold Demand Across Several Industries to Provide Viable Market Output

The market dynamics of cyanide for gold mining are heavily influenced by the growing demand for gold across a range of industries. In addition to being a valuable metal used in jewelry, gold is also essential to the aerospace, medicinal, and electronics industries. For example, the medical business employs gold in several treatments and gadgets, and the electronics industry depends on it because of its exceptional conductivity and resistance to corrosion. Gold is in more demand as these industries expand, which in turn raises the requirement for effective gold extraction techniques like cyanide-based processes in gold mining. Because it's still the most cost-effective way to extract gold from ore and satisfy a variety of industrial purposes, this ongoing demand drives the market for cyanide for gold mining industry.

Innovations in Substitute Techniques for Extracting Gold to Propel Market Growth

The growth of the gold mining business is facilitated by advancements in alternative gold extraction processes, which offer environmentally sustainable and socially responsible ways. By employing microorganisms to break down ores, technologies like bioleaching lessen the need for dangerous chemicals like cyanide. This responds to environmental issues as well as the growing regulatory scrutiny of mining operations. The increasing knowledge and acceptance of these alternative techniques, which are being fueled by a global trend toward sustainable practices, is another component of the market driving element. Businesses that use safer extraction techniques may be able to obtain a competitive advantage. Additionally, as environmental awareness grows, this change may spur the market for cyanide for gold mining.

Restraint Factors of cyanide for gold mining market

Growing Worries About Safety and the Environment to Restrict Market Growth

The use of cyanide for gold mining raises environmental issues since it can taint water sources and damage aquatic habitats. Ecological harm that persists over time might result from unintentional spills or leaks. Exposure to cyanide, which is poisonous to both humans and wildlife, is a risk factor for safety. It is essential to handle, store, and dispose of materials properly to avoid mishaps and safeguard local populations as well as employees. Additionally, growing regulatory scrutiny and public knowledge of environmental and safety issues may result in market restrictions in the cyanide for gold mining business. Stricter laws may result in increased expenses associated with compliance, which could affect the profitability of businesses that extract gold using cyanide.

Impact of COVID–19 on Cyanide for Gold Mining market

The extraction of gold has been one of the businesses affected by the COVID-19 pandemic. Lockdowns, problems in the supply chain, and unpredictability in the economy have an impact on mining operations and gold prices. Regarding cyanide for gold mining, safety and environmental concerns keep it a contentious practice. Stricter laws and greater public knowledge could change the dynamics of the industry. According to Cognitive Market Research, the global cyanide for gold mining market size is USD XX million in 2023 and will expand at a compound annual growth rate (CAGR) of 5.20% from 2023 to 2030. In the mining process, cyanide is frequently utilized to extract gold from ore through a procedure known as cyanidation. It unites with gold to generate a stable combination that permits its separation. Since it makes it possible to...

In 2023, Barrick realized an average gold price of 1,948 U.S. dollars per ounce, which was a higher price compared with the previous year. Barrick Gold is a Canada-based company and is one of the largest pure gold mining companies worldwide. Barrick's average realized gold price per ounce is in tandem with average global gold prices.

Gold Price in the United States - 2023. Find the latest marketing data on the IndexBox platform.

Bullion Price: Monthly Average: Mumbai: Gold: Standard data was reported at 76,195.000 INR/10 g in Dec 2024. This records a decrease from the previous number of 76,221.000 INR/10 g for Nov 2024. Bullion Price: Monthly Average: Mumbai: Gold: Standard data is updated monthly, averaging 9,559.000 INR/10 g from Apr 1990 (Median) to Dec 2024, with 417 observations. The data reached an all-time high of 76,713.000 INR/10 g in Oct 2024 and a record low of 3,285.000 INR/10 g in Jul 1990. Bullion Price: Monthly Average: Mumbai: Gold: Standard data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under Global Database’s India – Table IN.PG002: Memo Items: Bullion Price.

High Frequency Indicator: The dataset contains year- and month-wise compiled data on the average prices of Gold (Standard) and Silver at Mumbai in India

Semi-Manufactured Gold Price in Germany - 2023. Find the latest marketing data on the IndexBox platform.

The gold metalized film market was valued at US$ 713.9 million in 2023. During the forecast period, the market is expected to garner a 2.9% CAGR. By 2034, the gold metalized market is expected to reach a valuation of US$ 976.9 million.

2019 to 2023 Historical Demand Analysis of Gold Metalized Film vs. Outlook from 2024 to 2034

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