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 the price of gold in U.S. dollars over the last 10 years.

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.

Ghana Commodity Price: Gold data was reported at 1,281.100 USD/Fine oz in Jun 2018. This records a decrease from the previous number of 1,303.000 USD/Fine oz for May 2018. Ghana Commodity Price: Gold data is updated monthly, averaging 1,182.900 USD/Fine oz from Dec 2003 (Median) to Jun 2018, with 175 observations. The data reached an all-time high of 1,770.130 USD/Fine oz in Aug 2011 and a record low of 384.730 USD/Fine oz in May 2004. Ghana Commodity Price: Gold data remains active status in CEIC and is reported by Bank of Ghana. The data is categorized under Global Database’s Ghana – Table GH.P001: Commodity Price.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Gold Ores (WPU10210501) from Jun 1985 to Dec 2021 about ore, gold, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

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.

The price of gold per troy ounce increased considerably between 1990 and 2024, despite some fluctuations. A troy ounce is the international common unit of weight used for precious metals and is approximately 31.3 grams. At the end of 2024, a troy ounce of gold cost 2,386.2 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 274.5 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 that time and time again, 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.

NCDEX: Spot Price: Gold Premium/Discount: Ahmedabad: Second Session data was reported at -18.250 USD/Troy oz in 25 Mar 2025. This records an increase from the previous number of -19.000 USD/Troy oz for 24 Mar 2025. NCDEX: Spot Price: Gold Premium/Discount: Ahmedabad: Second Session data is updated daily, averaging -4.000 USD/Troy oz from Jan 2023 (Median) to 25 Mar 2025, with 546 observations. The data reached an all-time high of 28.000 USD/Troy oz in 23 Jul 2024 and a record low of -78.000 USD/Troy oz in 18 Jul 2024. NCDEX: Spot Price: Gold Premium/Discount: Ahmedabad: Second Session data remains active status in CEIC and is reported by National Commodity & Derivatives Exchange Limited. The data is categorized under India Premium Database’s Price – Table IN.PB001: Commodities Spot Price: National Commodity & Derivatives Exchange Limited.

This data release contains the U.S. salient statistics and world production data extracted from the GOLD data sheet of the USGS Mineral Commodity Summaries 2023.

Germany Commodity Price: Precious Metals: Gold data was reported at 3,019.806 USD/Troy oz in 25 Mar 2025. This records an increase from the previous number of 3,011.189 USD/Troy oz for 24 Mar 2025. Germany Commodity Price: Precious Metals: Gold data is updated daily, averaging 1,409.687 USD/Troy oz from Jan 2013 (Median) to 25 Mar 2025, with 3101 observations. The data reached an all-time high of 3,047.574 USD/Troy oz in 19 Mar 2025 and a record low of 1,050.717 USD/Troy oz in 17 Dec 2015. Germany Commodity Price: Precious Metals: Gold data remains active status in CEIC and is reported by Deutsche Börse Group. The data is categorized under Global Database’s Germany – Table DE.P001: Commodity Prices. [COVID-19-IMPACT]

This data release contains the U.S. salient statistics and world production data extracted from the GOLD data sheet of the USGS Mineral Commodity Summaries 2024.

Nickel increased 995.38 USD/MT or 6.51% since the beginning of 2025, 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 March of 2025.

Thailand Gold Price: GTA: Ornaments 96.5%: Selling Per Baht data was reported at 49,300.000 THB/Baht in 25 Mar 2025. This records a decrease from the previous number of 49,350.000 THB/Baht for 24 Mar 2025. Thailand Gold Price: GTA: Ornaments 96.5%: Selling Per Baht data is updated daily, averaging 22,250.000 THB/Baht from Mar 2003 (Median) to 25 Mar 2025, with 6259 observations. The data reached an all-time high of 49,400.000 THB/Baht in 21 Mar 2025 and a record low of 18,250.000 THB/Baht in 06 Nov 2014. Thailand Gold Price: GTA: Ornaments 96.5%: Selling Per Baht data remains active status in CEIC and is reported by Gold Traders Association. The data is categorized under World Trend Plus’s Commodity Market – Table TH.P009: Gold Price. [COVID-19-IMPACT]

This data release contains the U.S. salient statistics and world production data extracted from the GOLD data sheet of the USGS Mineral Commodity Summaries 2022.

Brazil Production Volume by Commodity: Gold data was reported at 90,000.000 kg in 2022. This records a decrease from the previous number of 93,817.000 kg for 2021. Brazil Production Volume by Commodity: Gold data is updated yearly, averaging 64,424.000 kg from Dec 1994 (Median) to 2022, with 29 observations. The data reached an all-time high of 96,849.000 kg in 2020 and a record low of 38,293.000 kg in 2005. Brazil Production Volume by Commodity: Gold data remains active status in CEIC and is reported by National Mining Agency. The data is categorized under Global Database’s Brazil – Table BR.WB001: Production Volume.

Cambodia Commodity Price: Phnom Penh: Gold: 1 Chi or 3.75 g: Riel data was reported at 1,277,000.000 KHR/Unit in 25 Mar 2025. This stayed constant from the previous number of 1,277,000.000 KHR/Unit for 24 Mar 2025. Cambodia Commodity Price: Phnom Penh: Gold: 1 Chi or 3.75 g: Riel data is updated daily, averaging 975,000.000 KHR/Unit from Oct 2021 (Median) to 25 Mar 2025, with 841 observations. The data reached an all-time high of 1,277,000.000 KHR/Unit in 25 Mar 2025 and a record low of 823,000.000 KHR/Unit in 09 Nov 2022. Cambodia Commodity Price: Phnom Penh: Gold: 1 Chi or 3.75 g: Riel data remains active status in CEIC and is reported by Ministry of Commerce. The data is categorized under Global Database’s Cambodia – Table KH.P001: Phnom Penh: Commodity Price Index.

This data release contains the U.S. salient statistics and world production data extracted from the GOLD data sheet of the USGS Mineral Commodity Summaries 2025.

This data release contains the U.S. salient statistics and world production data extracted from the GOLD data sheet of the USGS Mineral Commodity Summaries 2024.

Rhodium increased 1,000 USD/t oz. or 21.86% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Rhodium - values, historical data, forecasts and news - updated on March of 2025.

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).