Gold rose to 3,354.76 USD/t.oz on July 11, 2025, up 0.92% from the previous day. Over the past month, Gold's price has fallen 0.92%, but it is still 39.14% 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.

As of May 2025, the London (morning fixing) price of an ounce of gold cost an average of ******** U.S. dollars, a slight increase compared to the average monthly morning fixing price of ******** 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 ******** U.S. dollars. It increased to ******** 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 *** U.S. dollars, and by 2012 the price had risen to some ***** U.S. dollars. By 2024, the annual average gold price was nearly ***** dollars per ounce. In that year, global gold demand reached ******* 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.

This statistic depicts the average annual prices for gold from 2014 to 2024 with a forecast until 2026. In 2024, the average price for gold stood at 2,388 U.S. dollars per troy ounce, the highest value recorded throughout the period considered. In 2026, the average gold price is expected to increase, reaching 3,200 U.S. dollars per troy ounce.

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.

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

Gold Bullion Market Outlook

According to our latest research, the global gold bullion market size reached USD 248.5 billion in 2024, and it is expected to grow at a CAGR of 4.7% during the forecast period, reaching approximately USD 373.4 billion by 2033. This healthy growth trajectory is primarily attributed to the increasing demand for safe-haven assets amid global economic uncertainties, rising geopolitical tensions, and a persistent appetite for portfolio diversification among both institutional and individual investors. The gold bullion market continues to benefit from its reputation as a reliable store of value, particularly during periods of inflation and currency depreciation, as per our comprehensive market analysis for 2025.

One of the most significant growth factors for the gold bullion market is the heightened volatility and uncertainty in global financial markets. Investors, both retail and institutional, are increasingly turning towards gold bullion as a hedge against inflation, currency fluctuations, and geopolitical risks. The persistent low-interest-rate environment, coupled with concerns over sovereign debt and fiscal imbalances in major economies, has further fueled the demand for physical gold. Central banks, especially in emerging markets, have been augmenting their gold reserves to diversify away from the US dollar and other fiat currencies, providing a strong and sustained impetus to the gold bullion market.

Another key driver propelling the gold bullion market is the growing accessibility and innovation in distribution channels. The proliferation of online platforms and digital gold investment products has democratized access to gold bullion, enabling a broader base of individual investors to participate in the market. This trend is further amplified by the introduction of fractional gold ownership, secure storage solutions, and transparent pricing mechanisms, which have collectively enhanced investor confidence and convenience. Additionally, the rise of gold-backed exchange-traded funds (ETFs) and other financial instruments has expanded the avenues for gold investment, reinforcing the market’s growth momentum.

Sustainability and ethical sourcing concerns are also shaping the gold bullion market landscape. Increasing awareness about responsible mining practices and the environmental and social impact of gold extraction has led to the emergence of certified, conflict-free bullion products. Regulatory initiatives and industry-led standards, such as the London Bullion Market Association (LBMA) Responsible Gold Guidance, are driving transparency and traceability across the supply chain. These developments are not only addressing investor concerns but also attracting a new segment of environmentally and socially conscious buyers, further supporting market expansion.

From a regional perspective, the Asia Pacific region remains the dominant force in the gold bullion market, driven by robust demand in countries like China and India, where gold holds deep cultural and economic significance. North America and Europe also represent substantial market shares, supported by strong institutional investment and central bank activity. Meanwhile, the Middle East & Africa and Latin America are emerging as important markets, buoyed by rising wealth levels, favorable regulatory environments, and increasing financial inclusion. The regional diversity in demand drivers underscores the global appeal and resilience of the gold bullion market.

Product Type Analysis

The gold bullion market is segmented by product type into bars, coins, rounds, and others, each catering to distinct investor preferences and use cases. Gold bars, often regarded as the standard investment vehicle for institutional buyers and high-net-worth individuals, account for the largest share of the market. Their appeal lies in their high purity, lower premiums over spot prices, and ease of storage and transport, making them the preferred choice for those seeking to make substantial investments in physical

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.

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...

The global colorful gold jewelry market is experiencing robust growth, driven by evolving consumer preferences towards vibrant and expressive accessories. The market's expansion is fueled by several key factors, including the increasing popularity of diverse designs incorporating gemstones and enamel work, the rising disposable incomes in developing economies leading to increased spending on luxury and semi-luxury items, and the growing influence of social media and celebrity endorsements in shaping jewelry trends. Online sales channels are significantly contributing to market growth, offering convenience and accessibility to a broader customer base. The market segmentation reveals a strong demand for both monochrome and multicolor jewelry, catering to diverse aesthetic preferences. Leading players are strategically focusing on product diversification, innovative designs, and targeted marketing campaigns to maintain their market share. While the market faces challenges such as fluctuating gold prices and increasing competition, the overall outlook remains positive, driven by continuous innovation and the inherent appeal of gold jewelry as a timeless investment and symbol of status. A detailed regional analysis reveals strong growth potential in Asia-Pacific, particularly in India and China, owing to the region's rich cultural heritage and preference for gold jewelry. North America and Europe also represent significant market segments, with consumers displaying a preference for contemporary designs and online purchasing platforms. Competitive rivalry is intense, with established international brands and emerging local players vying for market share. Future market growth will be shaped by factors such as technological advancements in jewelry production, the introduction of sustainable and ethically sourced gold, and adapting to changing consumer preferences across generations and geographies. Continued market penetration in emerging markets and expansion into new product categories, such as customizable jewelry, will be crucial for sustained growth in the coming years. We estimate a CAGR of 8% for the forecast period, based on current market trends and growth projections for related sectors.

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.

The average price of gold in Mumbai stood at approximately 60,623 Indian rupees per ten grams during the financial year 2024, up from 53,000 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 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 2021, the Myanmar's gold market decreased by -48.3% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption saw a abrupt slump. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

The Gold Market Report is segmented by type (alloyed gold and layered gold), application (jewelry, electronics, awards and status symbols, and other applications), and geography (Asia-Pacific, North America, Europe, South America, and the Middle East and Africa). The market size and forecasts are provided in terms of volume (tonnes) for the above segments.

This dataset provides values for GOLD RESERVES reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Indian Jewelry Market Outlook 2032

The global Indian jewelry market size was USD XX Billion in 2023 and is likely to reach USD XX Billion by 2032, expanding at a CAGR of XX% during 2024–2032. The market is propelled by the growing demand for gold- and silver-based accessories.



Increasing global appreciation for Indian jewelry is expected to boost the market during the forecast period. This jewelry, known for its intricate designs and exquisite craftsmanship, has become a symbol of elegance and sophistication. The latest trends in the market include a fusion of traditional and contemporary styles, appealing to a broader audience. The use of precious and semi-precious stones, coupled with innovative designs, has made Indian jewelry a sought-after choice for fashion enthusiasts worldwide.

Growing interest in sustainable and ethically sourced jewelry has opened new avenues for Indian jewelry artisans. They are now focusing on creating pieces using recycled or responsibly sourced materials, catering to the rising demand for eco-friendly jewelry. This trend not only promotes sustainability but also preserves the rich heritage and craftsmanship of Indian jewelry making. Moreover, the use of technology in design and manufacturing processes has enabled the creation of intricate and customized pieces, further enhancing their appeal.



Rising online retail platforms have significantly boosted the accessibility and reach of Indian jewelry. These platforms offer a wide range of jewelry, from traditional to contemporary designs, making it easier for customers worldwide to purchase. Additionally, they provide detailed product information, customer reviews, and easy return policies, enhancing the overall shopping experience. This digital transformation has not only increased the visibility of Indian jewelry but also created a global market for these unique pieces.

Impact of Artificial Intelligence (AI) in Indian Jewelry Market

The use of <a href="https://dataintelo.com/report/artificia

Silver rose to 38.37 USD/t.oz on July 11, 2025, up 3.65% from the previous day. Over the past month, Silver's price has risen 5.59%, and is up 24.68% 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 July of 2025.

According to Cognitive Market Research, The Global Gold Mining market size is USD 202515.2 million in 2023 and will expand at a compound annual growth rate (CAGR) of 3.80% from 2023 to 2030.

The demand for Gold Mining is rising due to the technological advancements in exploration and extraction and rising demand for gold in various industries.
Demand for Hardrock (LODE) mining remains higher in the Gold Mining market.
The Investment category held the highest Gold Mining market revenue share in 2023.
North American Gold Mining will continue to lead, whereas the Asia Pacific Gold Mining market will experience the most substantial growth until 2030.

How did COVID–19 impact the Gold Mining market?

The COVID-19 pandemic had a multifaceted impact on the Gold Mining market. Initially, the global economic uncertainty and financial market volatility triggered a surge in demand for gold as a safe-haven asset, driving up gold prices. However, the pandemic also disrupted mining operations worldwide due to lockdowns, supply chain interruptions, and workforce limitations. The implementation of social distancing measures and health protocols led to operational slowdowns and, in some cases, temporary halts in gold mining activities. Additionally, travel restrictions hindered exploration and development projects. Despite these challenges, the resilience of gold as a safe investment during uncertain times sustained market interest.

MARKET DYNAMICS: KEY DRIVERS

Global Economic Conditions and Gold Prices to Provide Viable Market Output

The Gold Mining market is significantly influenced by global economic conditions and the prevailing prices of gold. Economic uncertainties, geopolitical tensions, and inflation concerns often drive investors towards gold as a safe-haven asset. Consequently, higher demand for gold results in increased exploration, production, and investment in the gold mining sector. Fluctuations in gold prices directly impact the profitability of gold mining operations, influencing production decisions and exploration activities.

March 2023: Pan American Silver Corporation acquired all the issued and outstanding common shares of Yamana Gold Inc., as part of the arrangement, which includes its mines and increased the geographical operations of the company in Latin America.

Growing population with high income and demand for gold jewellery to propel market growth

Technological Advancements in Exploration to Propel Market Growth

One key driver in the Gold Mining market is the continuous advancement of technology in exploration methods. Innovative technologies, such as remote sensing, geophysical surveys, and advanced drilling techniques, enhance the efficiency and precision of gold exploration. These technological advancements not only contribute to the discovery of new gold deposits but also improve the accuracy of resource estimation. The integration of artificial intelligence and data analytics further enhances decision-making processes, allowing gold mining companies to optimize exploration efforts, reduce exploration risks, and maximize the discovery of economically viable gold reserves.

February 2023: Barrick Gold, the world's second-biggest gold producer, announced a 10% increase in attributable proved and probable gold mineral reserves to 76 million ounces net of depletion in 2022 while maintaining current reserves..

Environmental and Regulatory Challenges to Restrict Market Growth

Environmental and regulatory challenges emerge as significant restraints in the Gold Mining market. Stringent environmental regulations and increased scrutiny on the impact of mining activities on ecosystems pose hurdles for gold mining companies. Compliance with environmental standards necessitates sophisticated waste management and reclamation practices, adding operational complexities and costs. Additionally, securing permits for exploration and mining activities becomes a prolonged process, causing delays.

The Gold Mining market refers to the sector of the mining industry dedicated to the exploration, extraction, refining, and commercialization of gold. Gold mining involves various processes, from prospecting and geological assessments to the extraction of gold-bearing ores and the subsequent processing of extracted materials to obtain refined gold. Market is fuled by technological advancements in exploration and extraction and rising demand for gold ...

The global gold appraisal market is projected to reach a value of approximately XXX million USD by 2033, exhibiting a CAGR of XX% during the forecast period. The market growth is primarily driven by factors such as rising awareness about the significance of gold purity and content, increasing demand for gold investments, and the growing prevalence of luxury jewelry. Moreover, the increasing adoption of online appraisal services, the expanding middle-class population, and the rising disposable income levels are further contributing to market expansion. The market is segmented into various sub-categories based on application, types, and regions. The online appraisal segment holds a significant market share due to the convenience and accessibility it offers. In terms of types, insurance appraisal dominates the market, followed by resale appraisal and estate appraisal. Geographically, North America and Europe are expected to maintain their dominance throughout the forecast period, attributed to the strong presence of established gold appraisal companies and the high demand for gold jewelry and investments. However, Asia-Pacific is projected to witness the fastest growth during the forecast period, owing to the increasing disposable income levels and the growing population of high-net-worth individuals. This comprehensive report provides an in-depth analysis of the global gold appraisal market, offering valuable insights into its size, trends, key drivers, challenges, and competitive landscape.

The global gold colloid solution market is experiencing robust growth, projected to reach a value of $113 million in 2025, exhibiting a Compound Annual Growth Rate (CAGR) of 6.2% from 2025 to 2033. This expansion is driven by increasing applications in life sciences, particularly in biomedical research, diagnostics, and therapeutics, where gold nanoparticles offer unique optical and catalytic properties. The industrial sector also contributes significantly, with applications in catalysis, electronics, and coatings benefiting from gold colloids' superior conductivity and stability. Growth within the life science segment is further fueled by advancements in nanotechnology and increasing investments in research and development aimed at developing innovative diagnostic tools and targeted drug delivery systems. The market is segmented by solubility (water-soluble, oil-soluble, and both-phase soluble) and application (life science and industrials). While precise market segmentation data isn't available, a reasonable estimation based on current industry trends suggests a larger share for water-soluble gold colloid solutions due to their broader applicability in life sciences. The market is geographically diverse, with North America and Europe currently dominating, though the Asia-Pacific region is poised for substantial growth driven by increasing industrialization and investment in nanotechnology research. Competitive pressures are moderate, with a mix of established chemical companies and specialized nanotechnology firms vying for market share. This competitive landscape fosters innovation and price competitiveness, making gold colloid solutions increasingly accessible for diverse applications. The sustained growth trajectory of the gold colloid solution market is expected to continue throughout the forecast period (2025-2033). Factors such as the rising demand for advanced diagnostic tools, the increasing adoption of nanotechnology in various industries, and ongoing research efforts focused on improving the synthesis and functionalization of gold colloids are expected to drive market expansion. However, potential challenges such as the relatively high cost of production and the need for strict regulatory compliance in certain applications could impact growth. Nevertheless, the overall outlook remains positive, indicating a significant expansion of the gold colloid solution market in the coming years, fueled by continuous innovation and diverse applications across multiple sectors.