Gold rose to 3,430.27 USD/t.oz on July 22, 2025, up 0.92% from the previous day. Over the past month, Gold's price has risen 1.83%, and is up 42.42% 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 July of 2025.

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.

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

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 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.

Silver fell to 39.18 USD/t.oz on July 23, 2025, down 0.31% from the previous day. Over the past month, Silver's price has risen 9.07%, and is up 35.61% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Silver - values, historical data, forecasts and news - updated on July of 2025.

Copper rose to 5.74 USD/Lbs on July 23, 2025, up 0.21% from the previous day. Over the past month, Copper's price has risen 17.49%, and is up 39.80% 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 July of 2025.

Coffee rose to 295.76 USd/Lbs on July 22, 2025, up 1.30% from the previous day. Over the past month, Coffee's price has fallen 9.80%, but it is still 23.82% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Coffee - values, historical data, forecasts and news - updated on July of 2025.

Iron Ore rose to 97.84 USD/T on July 21, 2025, up 0.64% from the previous day. Over the past month, Iron Ore's price has risen 3.26%, but it is still 9.54% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Iron Ore - values, historical data, forecasts and news - updated on July of 2025.

Nickel rose to 15,530 USD/T on July 22, 2025, up 0.13% from the previous day. Over the past month, Nickel's price has risen 4.65%, but it is still 3.06% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Nickel - values, historical data, forecasts and news - updated on July of 2025.

Cobalt traded flat at 33,335 USD/T on July 17, 2025. Over the past month, Cobalt's price has remained flat, but it is still 25.20% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Cobalt - values, historical data, forecasts and news - updated on July of 2025.

Aluminum fell to 2,649.55 USD/T on July 23, 2025, down 0.29% from the previous day. Over the past month, Aluminum's price has risen 2.86%, and is up 15.17% compared to the same time last year, 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 July of 2025.

Lead rose to 2,033.08 USD/T on July 23, 2025, up 0.92% from the previous day. Over the past month, Lead's price has risen 0.59%, but it is still 0.53% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Lead - values, historical data, forecasts and news - updated on July of 2025.

Lithium rose to 70,450 CNY/T on July 23, 2025, up 1.95% from the previous day. Over the past month, Lithium's price has risen 17.61%, but it is still 17.60% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Lithium - values, historical data, forecasts and news - updated on July of 2025.

Uranium rose to 71.40 USD/Lbs on July 22, 2025, up 0.21% from the previous day. Over the past month, Uranium's price has fallen 7.93%, and is down 14.29% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Uranium - values, historical data, forecasts and news - updated on July of 2025.

CRB Index fell to 375.35 Index Points on July 21, 2025, down 0.40% from the previous day. Over the past month, CRB Index's price has risen 0.25%, and is up 12.61% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. CRB Commodity Index - values, historical data, forecasts and news - updated on July of 2025.

LME Index rose to 4,248.30 Index Points on July 21, 2025, up 0.81% from the previous day. Over the past month, LME Index's price has risen 2.20%, and is up 8.19% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. LME Index - values, historical data, forecasts and news - updated on July of 2025.

Rice rose to 12.51 USD/cwt on July 23, 2025, up 1.02% from the previous day. Over the past month, Rice's price has fallen 7.77%, and is down 15.27% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Rice - values, historical data, forecasts and news - updated on July of 2025.