As of June 25, 2024, gold futures contracts to be settled in June 2030 were trading on U.S. markets at around 2,795 U.S. dollars per troy ounce. This is above the price of 2,339.6 U.S. dollars per troy ounce for contracts to be settled in June 2024, indicating that gold traders expect the price of gold to rise over the next five years. Gold futures are contracts that effectively lock in a price for an amount of gold to be purchased at a time in the future, which can then be traded on markets. Futures markets therefore provide an indicator of how investors think a commodities market will develop in the future.

Gold increased 393.93 USD/t oz. or 15.01% since the beginning of 2025, 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 March of 2025.

Historical dataset of nominal and 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.

During the last quarter of 2024, the gold prices in the USA reached 2652 USD/Troy Ounce (H2 2024 Avg Price) in December. As per the gold price chart, due to changing investor attitudes and economic developments, prices in the United States experienced substantial fluctuations in late 2024.

Explore IMARC’s newly published report, titled “Gold Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” offers an in-depth analysis of gold pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

Explore the recent surge in US gold inventories driven by tariff influences and arbitrage opportunities, reaching a historic high at the New York Comex bourse.

This statistic depicts the average annual prices for gold from 2014 to 2023 with a forecast until 2026. In 2023, the average price for gold stood at 1,943 U.S. dollars per troy ounce, the highest value recorded throughout the period considered.

In 2025, the price of platinum is forecast to hover around 1,150 U.S. dollars per troy ounce. Meanwhile, the cost of per troy ounce of gold is expected to amount to 1,700 U.S. dollars.

Precious metals

Precious metals are counted among the most valuable commodities worldwide. The most well known such metals are gold, silver and the platinum group metals. A precious metal can be used as an industrial commodity or as an investment. The major areas of application include the following sectors: technology, car-making, industrial manufacturing and jewelry making. Furthermore, gold and silver are used as coinage metals, and gold reserves are held by the central banks of many countries worldwide in order to store value or for use as a redemption medium. The idea behind this procedure is that gold reserves will help secure and stabilize the countries’ respective currencies. At 8,100 tons, the United States is the country with the most extensive stock of gold. It is kept in an underground vault at the New York Federal Reserve Bank.

Russia, the United States, Canada, South Africa and China are the main producers of precious metals. Silver is the most abundant of the metals, followed by gold and palladium. Barrick Gold is the world’s largest gold mining company. The Toronto-based firm produced some five million ounces of gold in 2020. The leading silver producers include Mexico-based Fresnillo, Poland’s KGHM Polska Miedž and the mining giant Glencore. Anglo Platinum and Impala are the key mining companies to produce platinum group metals.

In 2023, Silver prices are expected to settle at around 23.5 U.S. dollars per troy ounce. It is expected to remain the precious metal with the lowest value per ounce. The price of gold is forecast to drop to around 1,663 U.S. dollars per ounce, making it the most expensive precious metal in 2023.

Futures market is an important part of the financial market, with a high degree of liquidity and leverage effect. However, the futures market is also faced with various risk factors, such as price fluctuations, market shocks, supply and demand changes. In order to better determine the risk correlation between specific futures markets, this paper uses the wavelet transform—quantile Granger causality test method to identify the risk correlation of four major futures markets in the US futures market from the end of January 2009 to the end of March 2023, such as gold, crude oil, soybeans and natural gas. It provides a new perspective and method for the risk correlation identification of the futures market. The results show that futures contracts with different maturities and price fluctuations under different quantiles have a significant impact on risk correlation. Specifically, in 1-month and 6-month futures contracts, the strongest bidirectional risk correlation exists between gold and natural gas (T-statistics -15.94 and 10.92, respectively); In the 1-month futures contract, there is also a strong bidirectional risk association between crude oil and soybeans and natural gas (T-statistics are 6.87, 17.42, -2.05, 7.35, respectively), while in the 6-month futures contract, there is a bidirectional risk association between crude oil and soybeans (T-statistics are -2.49 and 18.374, respectively). However, natural gas has unidirectional risk association with crude oil and soybean (t statistics are 2.7 and -3.35, respectively); There is a bidirectional risk correlation between gold and soybean, that is, the risk correlation between gold and soybean increases with the increase of the degree of price fluctuation; There is a one-way risk association between gold and crude oil, soybean and gold, and crude oil and natural gas (the T-statistic is greater than the critical value of 1.96). In addition, there is a strong bidirectional or unidirectional risk association between all varieties at the 0.95 quantile. The research results of this paper have certain reference value for the supervision, investment and risk management of the futures market. This paper uses the wavelet transform and quantile Granger causality test method to identify the risk correlation of the futures market, providing a new perspective and method for the risk correlation identification of the futures market, and uses relatively new data to ensure the effectiveness of the empirical analysis. However, there are some limitations in this paper, such as the applicability of wavelet transform-quantile Granger causality test method. Future studies can further expand the sample range, compare the effects of different methods, and explore the risk transmission mechanism between different varieties.

Eggs US decreased 2.89 USD/DOZEN or 49.69% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Eggs US.

About This Dataset: Copper Prices and Market Trends

    This dataset provides **insights into copper prices**, including current rates, historical trends, and key factors affecting price fluctuations. Copper is essential in **construction**, **electronics**, and **transportation** industries. Investors, traders, and analysts use accurate copper price data to guide decisions related to **trading**, **futures**, and **commodity investments**.

    ### **Key Features of the Dataset**

    #### **Live Market Data and Updates**
    Stay updated with the latest **copper price per pound** in USD. This data is sourced from exchanges like the **London Metal Exchange (LME)** and **COMEX**. Price fluctuations result from **global supply-demand shifts**, currency changes, and geopolitical factors.

    #### **Interactive Copper Price Charts**
    Explore **dynamic charts** showcasing real-time and historical price movements. These compare copper with **gold**, **silver**, and **aluminium**, offering insights into **market trends** and inter-metal correlations.

    ### **Factors Driving Copper Prices**

    #### **1. Supply and Demand Dynamics**
    Global copper supply is driven by mining activities in regions like **Peru**, **China**, and the **United States**. Disruptions in production or policy changes can cause **supply shocks**. On the demand side, **industrial growth** in countries like **India** and **China** sustains demand for copper.

    #### **2. Economic and Industry Trends**
    Copper prices often reflect **economic trends**. The push for **renewable energy** and **electric vehicles** has boosted long-term demand. Conversely, economic downturns and **inflation** can reduce demand, lowering prices.

    #### **3. Impact of Currency and Trade Policies**
    As a globally traded commodity, copper prices are influenced by **currency fluctuations** and **tariff policies**. A strong **US dollar** typically suppresses copper prices by increasing costs for international buyers. Trade tensions can also disrupt **commodity markets**.

    ### **Applications and Benefits**

    This dataset supports **commodity investors**, **traders**, and **industry professionals**:

    - **Investors** forecast price trends and manage **investment risks**. 
    - **Analysts** perform **market research** using price data to assess **copper futures**. 
    - **Manufacturers** optimize supply chains and **cost forecasts**.

    Explore more about copper investments on **Money Metals**:

    - [**Buy Copper Products**](https://www.moneymetals.com/buy/copper) 
    - [**95% Copper Pennies (Pre-1983)**](https://www.moneymetals.com/pre-1983-95-percent-copper-pennies/4) 
    - [**Copper Buffalo Rounds**](https://www.moneymetals.com/copper-buffalo-round-1-avdp-oz-999-pure-copper/297)

    ### **Copper Price Comparisons with Other Metals**

    Copper prices often correlate with those of **industrial** and **precious metals**:

    - **Gold** and **silver** are sensitive to **inflation** and currency shifts. 
    - **Iron ore** and **aluminium** reflect changes in **global demand** within construction and manufacturing sectors.

    These correlations help traders develop **hedging strategies** and **investment models**.

    ### **Data Variables and Availability**

    Key metrics include:

    - **Copper Price Per Pound:** The current market price in USD. 
    - **Copper Futures Price:** Data from **COMEX** futures contracts. 
    - **Historical Price Trends:** Long-term movements, updated regularly. 

    Data is available in **CSV** and **JSON** formats, enabling integration with analytical tools and platforms.

    ### **Conclusion**

    Copper price data is crucial for **monitoring global commodity markets**. From **mining** to **investment strategies**, copper impacts industries worldwide. Reliable data supports **risk management**, **planning**, and **economic forecasting**.

    For more tools and data, visit the **Money Metals** [Copper Prices Page](https://www.moneymetals.com/copper-prices).

0.95 quantile detail components of 6-month futures contracts for gold, crude oil, soybeans and natural gas Granger causal t statistic value matrix rolling window estimates.

Corn decreased 3.39 USd/BU or 0.74% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Corn - values, historical data, forecasts and news - updated on March of 2025.

Futures: Gold: Turnover: Value: USD在2019-06达6,247.797 美元 百万，相较于2019-05的4,632.513 美元 百万有所增长。Futures: Gold: Turnover: Value: USD数据按月度更新，1995-01至2019-06期间平均值为89.474 美元 百万，共294份观测结果。该数据的历史最高值出现于2012-07，达243,929.575 美元 百万，而历史最低值则出现于2001-12，为3.762 美元 百万。CEIC提供的Futures: Gold: Turnover: Value: USD数据处于定期更新的状态，数据来源于B3 S.A.，数据归类于Brazil Premium Database的Financial Market – Table BR.ZB005: B3: Futures: Gold。

Rolling window estimate of Granger causality T-statistic value matrix for 6-month futures contracts of gold, crude oil, soybean and natural gas with 0.95 quantile approximate component.

0.95 quantile detail components of 1-month futures contracts for gold, crude oil, soybeans and natural gas Granger causal t statistic value matrix rolling window estimate.

Rhodium price data, historical values, forecasts, and news provided by Money Metals Exchange. Rhodium prices and trends updated regularly to provide accurate market insights.

Silver increased 4.76 USD/t. oz or 16.49% since the beginning of 2025, 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 March of 2025.

Orange Juice decreased 237.26 USd/Lbs or 47.69% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Orange Juice - values, historical data, forecasts and news - updated on March of 2025.

Graph and download economic data for Global price of Copper (PCOPPUSDM) from Jan 1990 to Feb 2025 about copper, World, metals, and price.

Aluminum increased 16.20 USD/Tonne or 0.63% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Aluminum - values, historical data, forecasts and news - updated on March of 2025.