Interactive chart of historical data for 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 rose to 3,327.32 USD/t.oz on July 4, 2025, up 0.03% from the previous day. Over the past month, Gold's price has fallen 0.76%, but it is still 39.17% 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 chart tracks the price of gold in U.S. dollars over the last 10 years.

Gold prices in , May, 2025 For that commodity indicator, we provide data from January 1960 to May 2025. The average value during that period was 596.56 USD per troy ounce with a minimum of 34.94 USD per troy ounce in January 1970 and a maximum of 3309.49 USD per troy ounce in May 2025. | TheGlobalEconomy.com

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 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.

Prices for ZIGSGD Zimbabwe Gold Singapore Dollar including live quotes, historical charts and news. ZIGSGD Zimbabwe Gold Singapore Dollar was last updated by Trading Economics this July 4 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.

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.

United States - Gold Fixing Price 10:30 A.M. (London time) in London Bullion Market, based in U.S. Dollars was 1937.60000 U.S. $ per Troy Ounce in September of 2020, according to the United States Federal Reserve. Historically, United States - Gold Fixing Price 10:30 A.M. (London time) in London Bullion Market, based in U.S. Dollars reached a record high of 2061.50000 in August of 2020 and a record low of 34.77500 in January of 1970. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Gold Fixing Price 10:30 A.M. (London time) in London Bullion Market, based in U.S. Dollars - last updated from the United States Federal Reserve on June of 2025.

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.

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

Interactive chart of historical data showing the broad price-adjusted U.S. dollar index published by the Federal Reserve. The index is adjusted for the aggregated home inflation rates of all included currencies. The price adjustment is especially important with our Asian and South American trading partners due to their significant inflation episodes of the 80s and 90s.

Total reserves (includes gold, current US$) in South Korea was reported at 409457248117 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. South Korea - Total reserves (includes gold, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

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Total reserves minus gold (current US$) in United Kingdom was reported at 148569354567 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. United Kingdom - Total reserves minus gold - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

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.

Chad: Foreign exchange reserves including gold, billion USD: The latest value from 2021 is 0.21 billion U.S. dollars, a decline from 0.39 billion U.S. dollars in 2020. In comparison, the world average is 94.71 billion U.S. dollars, based on data from 159 countries. Historically, the average for Chad from 1960 to 2021 is 0.21 billion U.S. dollars. The minimum value, 0 billion U.S. dollars, was reached in 1967 while the maximum of 1.36 billion U.S. dollars was recorded in 2008.

Madagascar: Foreign exchange reserves including gold, billion USD: The latest value from 2023 is 2.63 billion U.S. dollars, an increase from 2.16 billion U.S. dollars in 2022. In comparison, the world average is 107.34 billion U.S. dollars, based on data from 135 countries. Historically, the average for Madagascar from 1962 to 2023 is 0.48 billion U.S. dollars. The minimum value, 0.01 billion U.S. dollars, was reached in 1979 while the maximum of 2.63 billion U.S. dollars was recorded in 2023.