Between January 1971 and May 2025, gold had average annual returns of **** percent, which was only slightly more than the return of commodities, with an annual average of around eight percent. The annual return of gold was over ** percent in 2024. What is the total global demand for gold? The global demand for gold remains robust owing to its historical importance, financial stability, and cultural appeal. During economic uncertainty, investors look for a safe haven, while emerging markets fuel jewelry demand. A distinct contrast transpired during COVID-19, when the global demand for gold experienced a sharp decline in 2020 owing to a reduction in consumer spending. However, the subsequent years saw an increase in demand for the precious metal. How much gold is produced worldwide? The production of gold depends mainly on geological formations, market demand, and the cost of production. These factors have a significant impact on the discovery, extraction, and economic viability of gold mining operations worldwide. In 2024, the worldwide production of gold was expected to reach *** million ounces, and it is anticipated that the rate of growth will increase as exploration technologies improve, gold prices rise, and mining practices improve.

As of 31 May 2025, MSCI U.S. had an average **-year return rate of ***** percent, whereas gold had a return rate of ***** percent. Gold mining overview In light of recent technological advancements shaping the gold mining market, global gold production has been rather stable in the last few years, hovering around ***** metric tons since 2020. Among nations, Australia holds the highest gold production, surpassing countries with the highest mine gold reserves. Gold as a financial security Known for its ability to provide diversification to investment portfolios, gold has exhibited a positive trend in its Gold’s return rate was particularly high in the early 2000s, and, despite experiencing a decline during the pandemic, it demonstrated a remarkable recovery since. Furthermore, gold serves as a valuable asset for a nation's economic stability, with the United States holding the highest amount of

In 2024, gold generated positive investment returns. That year, the return on gold was over ** percent. Moreover, the highest return was achieved by Bitcoin, with a return of ***** percent.

Gold is the most popular precious metal in the investment industry. The rate of return for gold investments fluctuated significantly during the period from 2002 to 2024 but generated positive returns in most years of the observed period. The return of gold as an investment reached almost ** percent in 2024, one of the highest recorded. Why is gold valuable? Gold is a precious metal with several practical uses, particularly in technology. For example, NASA uses gold to improve its lasers and protect sensitive things in space, including a part of the visor for its astronauts. However, a large share of the demand for gold worldwide is as an investment, particularly by central banks. Gold serves the purpose of an alternative to currency because it is relatively scarce but still has enough mine production to serve the financial sector. Gold as an investment Under the Bretton Woods agreement after World War II, the world’s major currencies were tied to the value of gold. This system, called the Gold Standard, ended in 1971. Still, most countries maintain significant gold reserves. Due to this history and the overall faith in the value of gold, the average gold price tends to increase in times of recession, making it an attractive investment in uncertain times.

Gold fell to 3,336.24 USD/t.oz on July 17, 2025, down 0.32% from the previous day. Over the past month, Gold's price has fallen 0.96%, but it is still 36.66% higher than a year ago, 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 July of 2025.

Monthly gold prices in USD since 1833 (sourced from the World Gold Council). The data is derived from historical records compiled by Timothy Green and supplemented by data provided by the World Bank...

Dataset of historical annual gold prices from 1970 to 2024, including significant events and acts that impacted gold prices.

As of 31 May 2025, gold had an average **-year return rate of ***** percent, which was slightly above than U.S. stocks with a rate of ***** percent.

Graph and download economic data for Federal Government; Monetary Gold; Asset, Market Value Levels (BOGZ1LM313011203A) from 1945 to 2024 about market value, gold, federal, assets, government, and USA.

Nepal Foreign Reserve: Annual: Gold data was reported at 252.100 USD mn in 2017. This records a decrease from the previous number of 264.300 USD mn for 2016. Nepal Foreign Reserve: Annual: Gold data is updated yearly, averaging 6.400 USD mn from Jul 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 264.300 USD mn in 2016 and a record low of 0.000 USD mn in 2008. Nepal Foreign Reserve: Annual: Gold data remains active status in CEIC and is reported by Nepal Rastra Bank. The data is categorized under Global Database’s Nepal – Table NP.KA005: Foreign Reserve.

According to Cognitive Market Research, the Global Gold Bullion Market size will be USD 53154.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 12.60% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 21261.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 14.4%from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 15946.26 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 12225.47 million in 2024 and will grow at a compound annual growth rate (CAGR) of 14.6% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 2657.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 15.6%from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 1063.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.3% from 2024 to 2031.
The gold bars category is the fastest growing segment of the Gold Bullion industry

Market Dynamics of Gold Bullion Market

Key Drivers for Gold Bullion Market

Growing Interest In Safe-Haven Investments To Boost Market Growth

Concerns about inflation, geopolitical unrest, and economic instability are the main causes of the increased interest in safe-haven investments in the gold bullion market. Gold is seen as a trustworthy store of value by investors who are looking for stability during market turbulence. This tendency is further supported by central banks' growing gold reserves, which demonstrate their faith in gold as a hedge against exchange rate swings. Furthermore, it has become more accessible and appealing to a wider spectrum of investors due to the growth of digital gold and gold-backed investment products. This change emphasizes gold's continued allure as a hedge against volatile financial markets. For Instance, Agnico Eagle Mines Limited ("Agnico Eagle" or the "Company") and Kirkland Lake Gold Ltd. ("Kirkland Lake Gold") announced that they have entered into an agreement (the "Merger Agreement") to merge in a merger of equals (the "Merger"), with the combined company to continue under the name "Agnico Eagle Mines Limited" (the "Merger"). The merger will establish the new Agnico Eagle as the gold industry's highest-quality senior producer, with the lowest unit costs, largest profits, most favorable risk profile, and industry-leading best practices in key environmental, social, and governance ("ESG") categories.

Growing Demand In Emerging Markets For Gold To Drive Market Growth

An expanding middle class, rising wealth, and rising disposable incomes are driving the increased demand for gold in emerging nations. The consumption of jewellery and investments in gold bullion is rising significantly in nations with strong cultural ties to gold, such as China and India. Furthermore, these markets see gold as a safe-haven asset due to inflation worries and economic uncertainty. Participation in the gold market is further improved by the growth of financial literacy and the availability of gold investment products like ETFs and internet platforms. This pattern emphasizes how significant gold is in emerging economies as a representation of security and riches.

Restraint Factor for the Gold Bullion Market

Expenses for security and storage

Investors are quite concerned about the rising costs of storage and security in the gold bullion market. The price of securely storing and safeguarding actual gold rises in tandem with the demand for it. To protect their funds from loss or theft, investors need to account for costs associated with safe deposit boxes, insurance, and monitoring services. Regulations may also call for more stringent security measures, which would raise expenses even further. Potential investors may be put off by these costs, especially those with tighter budgets. They may instead choose alternative investment vehicles such as gold exchange-traded funds (ETFs), which don't need to be physically stored.

Limited Liquidity in Large Transactions

While gold is generally considered a liquid ...

Graph and download economic data for Federal Government; Monetary Gold and SDRs; Asset, Transactions (FGMGSTA027N) from 1946 to 2024 about SDR, gold, IMA, transactions, federal, assets, government, and USA.

Gold prices in , June, 2025 For that commodity indicator, we provide data from January 1960 to June 2025. The average value during that period was 600.07 USD per troy ounce with a minimum of 34.94 USD per troy ounce in January 1970 and a maximum of 3352.66 USD per troy ounce in June 2025. | TheGlobalEconomy.com

Laos LA: International Liquidity: Gold at Market Price data was reported at 25.784 XDR mn in 2017. This records an increase from the previous number of 24.142 XDR mn for 2016. Laos LA: International Liquidity: Gold at Market Price data is updated yearly, averaging 24.142 XDR mn from Dec 1989 (Median) to 2017, with 29 observations. The data reached an all-time high of 309.029 XDR mn in 2012 and a record low of 3.504 XDR mn in 1998. Laos LA: International Liquidity: Gold at Market Price data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Laos – Table LA.IMF.IFS: International Liquidity: Annual.

The latest closing stock price for Barrick Gold as of May 23, 2025 is 19.07. An investor who bought $1,000 worth of Barrick Gold stock at the IPO in 1985 would have $45,592 today, roughly 46 times their original investment - a 10.08% compound annual growth rate over 40 years. The all-time high Barrick Gold stock closing price was 43.23 on April 21, 2011. The Barrick Gold 52-week high stock price is 21.35, which is 12% above the current share price. The Barrick Gold 52-week low stock price is 15.11, which is 20.8% below the current share price. The average Barrick Gold stock price for the last 52 weeks is 18.24. For more information on how our historical price data is adjusted see the Stock Price Adjustment Guide.

In 2024, one troy ounce of gold had an annual average price of ******** U.S. dollars. 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.

As of the end of April 2024, boerse.de Gold was the best-performing gold exchange-traded commodity (ETC) worldwide. EUWAX Gold followed closely behind in second place, providing an annual return of 10.64 percent by the month of April.

Graph and download economic data for Imports of Goods: Nonmonetary gold (IEAMGGA) from 1999 to 2024 about gold, imports, goods, and USA.

Mineral Production: Freeport Indonesia, PT: Annual: Gold data was reported at 36,256.000 kg in 2014. This records a decrease from the previous number of 36,347.000 kg for 2013. Mineral Production: Freeport Indonesia, PT: Annual: Gold data is updated yearly, averaging 56,011.000 kg from Dec 1991 (Median) to 2014, with 24 observations. The data reached an all-time high of 109,178.000 kg in 2003 and a record low of 12,793.000 kg in 1991. Mineral Production: Freeport Indonesia, PT: Annual: Gold data remains active status in CEIC and is reported by Directorate General of Mineral and Coal. The data is categorized under Indonesia Premium Database’s Mining and Manufacturing Sector – Table ID.BAE007: Mineral Production: by Company.

This dataset from the British Geological Survey (BGS) provides annual data on global gold, mine production from 1970 to 2022, including production figures in kilograms.