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.

Gold fell to 4,110.63 USD/t.oz on October 24, 2025, down 0.38% from the previous day. Over the past month, Gold's price has risen 9.62%, and is up 49.61% compared to the same time last year, 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 October of 2025.

The average monthly prices for gold increased worldwide between January 2014 and May 2025, although with some fluctuations. In January 2014, the average monthly price for gold worldwide stood at ******** nominal U.S. dollars per troy ounce. Significant jumps in the gold prices were observed, especially in the periods of uncertainty, as the investors tend to see gold as a safe investment option. For instance, the Corona pandemic acted as a shock to the economy, resulting in substantial increases in gold prices in 2020. As of May 2025, gold valued at ******** U.S. dollars per ounce, the highest value reported during this period.

View monthly updates and historical trends for Gold Price. from United Kingdom. Source: World Bank. Track economic data with YCharts analytics.

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.

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

The average price of gold in Mumbai stood at approximately ****** Indian rupees per ten grams during the financial year 2024, up from ****** Indian rupees per ten grams in the previous year. Nevertheless, the price of gold in the Indian city has experienced an overall increase in recent years.

As of May 2025, the London (morning fixing) price of an ounce of gold cost an average of 3,280.51 U.S. dollars, a slight increase compared to the average monthly morning fixing price of 3,212.12 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 2024, the annual average gold price was nearly 2,400 dollars per ounce. In that year, global gold demand reached 4,606.2 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). The 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 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.

In 2024, one troy ounce of gold had an annual average price of 2,388.98 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.

Silver fell to 48.65 USD/t.oz on October 24, 2025, down 0.55% from the previous day. Over the past month, Silver's price has risen 7.61%, and is up 44.37% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Silver - values, historical data, forecasts and news - updated on October of 2025.

The Precious Metals Production industry's revenue is forecast to expand at a compound annual rate of 21.5% over the five years through 2024-25 to £396.4 million. Soaring precious metal prices mean that smaller companies have been able to operate with only a handful of staff while still making enough money to keep going. However, as gold and silver are used less in film and digital technology, the amount of precious metals recoverable from scrap has fallen, raising purchasing costs and somewhat limiting growth. The Russia-Ukraine conflict disrupted metal supplies and caused inflation to soar, driving investors to precious metals as a traditional inflation hedge and causing the prices of gold and silver to hike by over 20% in 2023-24, while Platinum Group Metals prices inched down due to reduced investor demand. In 2024-25, gold and silver prices are reaching new highs as the perspective of interest rate cuts continues to drive demand from investors (as lower interest rates would mean other investments like bonds would yield lower returns). As a result of this, industry revenue is expected to swell by 15.9% in 2024-25, when industry profit is set to hit 2.7%. The Precious Metals Production industry's revenue is expected to grow at a compound annual rate of 4.4% over the five years through 2029-30 to £491.4 million. Silver is a key component in photovoltaic cells used in solar panels, so it's well set to benefit from the increased importance placed on renewable energy generation. However, manufacturers of photovoltaic cells are likely to lower the content of silver per cell to reduce costs, limiting the benefit for silver producers. Increased environmentalism also means that electric vehicles are likely to gain popularity, reducing the need for platinum group metals used in catalytic converters, while surging gold prices are set to normalise in the medium term, limiting revenue growth. A new gold mine in Scotland is likely to run for almost a decade, allowing primary refiners to set up in the UK.

Dataset of historical annual silver prices from 1970 to 2022, including significant events and acts that impacted silver prices.

The demand for gold across India was about *** metric tons in 2024. This represented an increase of five percent in comparison to the previous year, when the gold demand was *** metric tons. Gold supply Gold demand in India is principally met through imports. India is one of the leading countries for gold imports. In financial year 2022, the value of India’s gold imports was estimated at over *** trillion Indian rupees. The import of gold was a major cause for the country’s trade deficit. To curb imports, the Modi government changed India’s gold import policy. This was done by introducing a higher import duty and allowing import only via nominated agencies which were notified by the Reserve Bank of India and the Directorate General of Foreign Trade. The country produces a minimal amount of its gold needs through local mining. The volume of gold mined in India has remained below * metric tons since financial year 2013, while a small amount is also generated by the recycling the precious metal. Reasons to purchase gold Gold purchases are considered an important source of investment. Weddings and festivals across the country lead to major gold sales. Around ** percent of annual sales come from Deepavali, the Hindu festival of lights. The precious metal is considered auspicious and is worn on important occasions and ceremonies in India, mainly in the form of jewelry. Since 2010, more than *** metric tons of gold jewelry are consumed in the country every year.

In 2024, worldwide gold production stood at ***** metric tons. Gold is a transition metal known for its bright, lustrous yellow coloring. For industrial purposes, its malleability, ductility, and resistance to corrosion and many chemical reactions makes it ideal for applications such as electrical connectors, infrared shielding, and gold leafing. Key facts about the gold mining industry The global mine production of gold has steadily increased following the 2008 economic crisis. In 2010, gold mine production worldwide totaled ***** metric tons, and it has surpassed ***** metric tons in each year since 2015. China is currently leading the global gold mining countries, with an estimated *** metric tons produced in 2024, while Russia came in a close second, producing about *** metric tons in the same year. As of 2023, the world's most productive gold mine was the Muruntau mine complex, located in Uzbekistan. Gold can be mined through several processes, including placer mining, panning, sluicing, and dredging. Panning is a manual technique that uses a shallow pan filled with sand and gravel, that may also contain gold, to sort through the material. The precious metal can also be produced as a byproduct, often with copper mining. Gold's end uses Gold is also highly valued as a precious metal for use in coins, investments, and jewelry. In 2024, gold's primary use worldwide was jewelry production.

Key information about Ghana Gold Production

• Ghana Gold Production was reported at 130,000.000 kg in Dec 2024.
• This records an increase from the previous figure of 126,000.000 kg for Dec 2023.
• Ghana Gold Production data is updated yearly, averaging 72,541.000 kg from Dec 1990 to 2024, with 35 observations.
• The data reached an all-time high of 148,336.000 kg in 2018 and a record low of 16,800.000 kg in 1990.
• Ghana Gold Production data remains active status in CEIC and is reported by U.S. Geological Survey. The data is categorized under World Trend Plus’s Association: Metal and Mining Sector – Table WB.USGS.GOLD: Precious Metals: Gold: Production by Country or Locality.

Switzerland accounted for 18.3 percent of all gold imports worldwide in 2024, and was the world's largest gold importer based on value. China was second that year, with 17.9 percent of all gold imports. Behind the leading two gold importers was the United Kingdom, accounting for 13.4 percent of global gold imports.

Copper fell to 5.06 USD/Lbs on October 24, 2025, down 0.17% from the previous day. Over the past month, Copper's price has risen 7.25%, and is up 16.80% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Copper - values, historical data, forecasts and news - updated on October of 2025.

In 2023, countries classified as politically unstable accounted for the largest share of global gold production. That year, approximately 2,293.5 metric tons of gold were produced in politically unstable countries. In comparison, countries that were considered politically stable produced around seven metric tons of gold.

Historical dataset of the 12 month LIBOR rate back to 1986. The London Interbank Offered Rate is the average interest rate at which leading banks borrow funds from other banks in the London market. LIBOR is the most widely used global "benchmark" or reference rate for short term interest rates.

This project compares fine sediment geochemistry (-53 microns) with traditional -180 microns (-80 mesh) sediment geochemistry (-180 micron sediment geochemistry is the standard used by the exploration industry and the government sponsored Regional Geochemical Surveys). The goal of this project is to confirm or deny the key theoretical advantages of fine fraction sediment sampling as outlined in O.F. 1993-9 (G), and to develop practical and efficient techniques for collecting and processing the samples. Those key theoretical advantages are less local sample site variation, improved reproducibility, and the potential to preferentially define anomalies associated with significant bedrock mineralization. Five study areas were selected in the Yukon. Four of these areas contained known gold mineralization that has been mined in the past or contain significant drill indicated reserves. The Mt. Skukum deposit is a low sulfide quartz carbonate vein system that was mined in the mid 1980's. Ketza River is a sulfide-rich manto-style deposit with significant oxide reserves that was mined in the late 1980's. Dublin Gulch is a gold-bearing stockwork hosted within intrusive, similar to the Fort Knox gold deposit at Fairbanks, Alaska. Brewery Creek is a disseminated gold deposit hosted primarily within structurally disrupted intrusives. Samples of -2000 micron sediment were collected from streams draining these areas of known mineralization, as well as from streams draining areas with no known significant mineralization but with erratic gold values from government sponsored regional geochemical surveys (RGS), and from streams that have only background gold values from RGS. The samples were wet sieved into a -180+53 micron coarse fraction and a -53 micron fine fraction. Gold concentrations for each sample were determined by duplicate 30 g fire assay and one 10 g aqua-regia analysis. Values for 32 other elements were determined by ICP analysis. The -2000 micron bulk samples were found to contain an average of 5.5% -53 micron sediment with a 2.8% standard deviation. Collection of the -2000 micron primary sample, using a flexible screen, takes 5 to 90 minutes. The most significant factor affecting sampling time is the wetness of the sample. Wet sieving of the -2000 micron bulk sample into the two size fractions selected for this study takes approximately 15 to 20 minutes using mechanical sieving equipment designed for this project. The -53 micron fraction effectively identified all the drainages with known mineralization, providing good anomaly definition and long dispersion trains. Sub-sampling variation and local sample site variation are significantly reduced in the fine fraction. The coarse fraction failed to return significant anomalies from Laura Creek, which drains the Brewery Creek gold deposit, and was unable to distinguish between mineralized, erratic, and background drainages around Dublin Gulch. Evidence from this orientation survey demonstrates the potential to improve the success rate of reconnaissance exploration for gold by collecting fine fraction sediment samples as a first step in exploration. Increased project cost at this stage could be greatly offset by more efficient and successful follow-up programs.