Gold rose to 3,319.96 USD/t.oz on June 9, 2025, up 0.25% from the previous day. Over the past month, Gold's price has risen 2.57%, and is up 43.73% 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 June of 2025.

The average price per one pound of copper realized by Barrick Gold Corporation stood at 3.85 U.S. dollars in 2023. Barrick Gold Corporation is a Canada-based mining company and one of the top gold producers worldwide.

In 2022, Alaska produced approximately 22,200 kilograms of gold from mines, while Nevada produced some 125,000 kilograms. The total mine production of gold in the United States reached approximately 173,000 kilograms that year.

Gold mining in the United States

Gold production in the United States has seen a considerable amount of fluctuation in recent years. An estimated 170 metric tons of gold was produced in U.S. mines in 2022. The U.S. production value of gold amounted to nearly 11 billion U.S. dollars in 2021. The Cortez Operations mine located in Nevada was the leading gold mine in the U.S. based on production as of 2021, with an output of nearly 27 metric tons of gold.

U.S. gold consumption

Gold is a relatively rare metal that has been used for coinage, jewelry, and other applications throughout recorded human history. The total global demand for gold amounted to over 4,700 metric tons in 2022. Meanwhile, the reported consumption of gold in the United States alone amounted to an estimated 250 metric tons that year. Gold imported to the U.S. for consumption amounted to some 140 metric tons that same year.

Australia and Russia have the largest gold mine reserves worldwide, with each one having reserves of an estimated 12,000 metric tons in 2024. Australia, Russia and South Africa hold the largest reserves of gold Australia, Russia and South Africa hold a large share of the world’s gold mine reserves, accounting for 12,000, 12,000 and 5,000 metric tons, respectively in 2024. Global gold reserves amounted to a total of 64,000 metric tons that year. Meanwhile, the global mine production volume of gold reached an estimated 3,300 metric tons in 2024. Despite having the largest gold reserves, Australia was the third-largest gold mining country in the world in 2024, after China and Russia. Gold's versatile uses Gold is known for its bright lustrous yellow color and was often used as a monetary standard in the past. The precious metal is mostly used in jewelry, for investments, and in coinage. The United States held about 70 percent of its total monetary holdings as gold reserves in 2023; Switzerland held about 7.6 percent of its holdings as gold. This transition metal is also valued for its ductile, malleable, and non-reactive characteristics. Thus, it is also used industrially, often as electrical connectors, infrared shielding and colored-glass protection. The price of gold can vary, it reached a recent low in the early 2000s at 279 U.S. dollars per troy ounce in 2000 and increased to a high of 1,943 U.S. dollars per troy ounce in 2023.

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.

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.

The dataset shows average price in domestic and foreign markets of gold and silver

Note: The data sources are: 1. Gold and Silver Prices in Mumbai: Business Standard, Business Line, or The Economic Times (Mumbai) , IBJA Website. 2. Gold Price in London: LBMA. 3. Silver Price in New York:Thomson Reuters.

The dataset shows average price in domestic and foreign markets of gold and silver

Note: 1. The data source for this Table for the period till 1999-2000 are Bombay Bullion Association and Press Trust of India. For the period 2000-01 onwards, the data sources are (i) Business Standard/ Business Line and Economic Times, Mumbai/IBJA Website for gold and silver price in Mumbai and LBMA for gold price in London and (ii) Thomson Reuters for silver price in New York. 2. Data provided in this Table for the period 1979-80 to 1999-2000 and 2000-01 to 2020-21 may not be strictly comparable due to different sources of information.

Newmont Corporation realized an average gold price of 2,408 U.S. dollars per ounce in 2024, up from an average of 1,954 U.S. dollars per ounce of gold during the previous year. The United States-based Newmont is the the world's largest gold producer.

France Gold Price: Monthly Average: Euro data was reported at 1,074.911 EUR/oz in Nov 2018. This records an increase from the previous number of 1,057.473 EUR/oz for Oct 2018. France Gold Price: Monthly Average: Euro data is updated monthly, averaging 1,085.791 EUR/oz from Jul 2014 (Median) to Nov 2018, with 53 observations. The data reached an all-time high of 1,208.499 EUR/oz in Jul 2016 and a record low of 942.860 EUR/oz in Nov 2014. France Gold Price: Monthly Average: Euro data remains active status in CEIC and is reported by Bank of France. The data is categorized under Global Database’s France – Table FR.P003: Gold Price.

Gold Reserves in the United States remained unchanged at 8133.46 Tonnes in the fourth quarter of 2024 from 8133.46 Tonnes in the third quarter of 2024. This dataset provides - United States Gold Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

This analysis presents a rigorous exploration of financial data, incorporating a diverse range of statistical features. By providing a robust foundation, it facilitates advanced research and innovative modeling techniques within the field of finance.

Machine Learning Models for Gold Price Prediction

Financial data:

• Historical daily stock prices (open, high, low, close, volume)

• Fundamental data (e.g., market capitalization, price to earnings P/E ratio, dividend yield, earnings per share EPS, price to earnings growth, debt-to-equity ratio, price-to-book ratio, current ratio, free cash flow, projected earnings growth, return on equity, dividend payout ratio, price to sales ratio, credit rating)

• Technical indicators (e.g., moving averages, RSI, MACD, average directional index, aroon oscillator, stochastic oscillator, on-balance volume, accumulation/distribution A/D line, parabolic SAR indicator, bollinger bands indicators, fibonacci, williams percent range, commodity channel index)

Machine learning features:

• Feature engineering based on financial data and technical indicators

• Sentiment analysis data from social media and news articles

• Macroeconomic data (e.g., GDP, unemployment rate, interest rates, consumer spending, building permits, consumer confidence, inflation, producer price index, money supply, home sales, retail sales, bond yields)

Potential Applications:

• Stock price prediction

• Portfolio optimization

• Algorithmic trading

• Market sentiment analysis

• Risk management

Use Cases:

• Researchers investigating the effectiveness of machine learning in stock market prediction

• Analysts developing quantitative trading Buy/Sell strategies

• Individuals interested in building their own stock market prediction models

• Students learning about machine learning and financial applications

Additional Notes:

• The dataset may include different levels of granularity (e.g., daily, hourly)

• Data cleaning and preprocessing are essential before model training

• Regular updates are recommended to maintain the accuracy and relevance of the data

The Ivory Coast: Gold production in kilograms: The latest value from 2022 is 48000 kilograms, an increase from 42000 kilograms in 2021. In comparison, the world average is 35128 kilograms, based on data from 90 countries. Historically, the average for the Ivory Coast from 2001 to 2022 is 14073 kilograms. The minimum value, 1219 kilograms, was reached in 2004 while the maximum of 48000 kilograms was recorded in 2022.

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

Chile Average Price: Gold data was reported at 1,249.887 USD/Troy oz in Dec 2018. This records an increase from the previous number of 1,221.275 USD/Troy oz for Nov 2018. Chile Average Price: Gold data is updated monthly, averaging 400.616 USD/Troy oz from Jan 1978 (Median) to Dec 2018, with 492 observations. The data reached an all-time high of 1,780.648 USD/Troy oz in Sep 2011 and a record low of 173.200 USD/Troy oz in Jan 1978. Chile Average Price: Gold data remains active status in CEIC and is reported by Chilean Copper Commission. The data is categorized under Global Database’s Chile – Table CL.P001: Metal Prices.

Get the latest insights on price movement and trend analysis of Gold in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

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.

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.