Gold rose to 3,362.51 USD/t.oz on August 1, 2025, up 2.25% from the previous day. Over the past month, Gold's price has risen 0.15%, and is up 37.65% 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 August 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.

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

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.

Silver rose to 37.02 USD/t.oz on August 1, 2025, up 0.93% from the previous day. Over the past month, Silver's price has risen 1.25%, and is up 29.60% 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 August 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.

Bullion Price: Monthly Average: Mumbai: Gold: Standard data was reported at 84,995.000 INR/10 g in Feb 2025. This records an increase from the previous number of 79,079.000 INR/10 g for Jan 2025. Bullion Price: Monthly Average: Mumbai: Gold: Standard data is updated monthly, averaging 9,691.000 INR/10 g from Apr 1990 (Median) to Feb 2025, with 419 observations. The data reached an all-time high of 84,995.000 INR/10 g in Feb 2025 and a record low of 3,285.000 INR/10 g in Jul 1990. Bullion Price: Monthly Average: Mumbai: Gold: Standard data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under Global Database’s India – Table IN.PG002: Memo Items: Bullion Price.

Copper rose to 4.42 USD/Lbs on August 1, 2025, up 0.29% from the previous day. Over the past month, Copper's price has fallen 14.18%, but it is still 7.63% higher than a year ago, 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 August of 2025.

Australia Import: SITC: Value: CT: nec: Gold Coin Whether or Not Legal Tender, and Other Coin Being Legal Tender data was reported at 9.000 AUD mn in Mar 2025. This records an increase from the previous number of 2.000 AUD mn for Feb 2025. Australia Import: SITC: Value: CT: nec: Gold Coin Whether or Not Legal Tender, and Other Coin Being Legal Tender data is updated monthly, averaging 1.000 AUD mn from Jan 1988 (Median) to Mar 2025, with 447 observations. The data reached an all-time high of 11.000 AUD mn in Nov 2024 and a record low of 0.000 AUD mn in Jan 2010. Australia Import: SITC: Value: CT: nec: Gold Coin Whether or Not Legal Tender, and Other Coin Being Legal Tender data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.JA023: Imports: by Commodity: by 1 and 2 Digits SITC.

In 2024, the global silver market was finally on the rise to reach $65.1B for the first time since 2021, thus ending a two-year declining trend. Overall, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level of $65.6B. From 2022 to 2024, the growth of the global market failed to regain momentum.

Australia Import: SITC: Value: CT: nec: Gold, Non Monetary excl Gold Ores and Concentrates data was reported at 1,212.000 AUD mn in Mar 2025. This records an increase from the previous number of 1,166.000 AUD mn for Feb 2025. Australia Import: SITC: Value: CT: nec: Gold, Non Monetary excl Gold Ores and Concentrates data is updated monthly, averaging 329.000 AUD mn from Jan 1988 (Median) to Mar 2025, with 447 observations. The data reached an all-time high of 1,768.000 AUD mn in Feb 2009 and a record low of 1.000 AUD mn in Jan 1988. Australia Import: SITC: Value: CT: nec: Gold, Non Monetary excl Gold Ores and Concentrates data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.JA023: Imports: by Commodity: by 1 and 2 Digits SITC.

Australia Export: SITC: Value: FOB: CT: nec: Gold, Non Monetary excl Gold Ores & Concentrates data was reported at 5,162.000 AUD mn in Mar 2025. This records an increase from the previous number of 4,119.000 AUD mn for Feb 2025. Australia Export: SITC: Value: FOB: CT: nec: Gold, Non Monetary excl Gold Ores & Concentrates data is updated monthly, averaging 782.000 AUD mn from Jan 1988 (Median) to Mar 2025, with 447 observations. The data reached an all-time high of 5,271.000 AUD mn in Jan 2025 and a record low of 137.000 AUD mn in Dec 1988. Australia Export: SITC: Value: FOB: CT: nec: Gold, Non Monetary excl Gold Ores & Concentrates data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.JA012: Exports: by Commodity: by 1 and 2 Digits SITC.

Lead rose to 1,974.78 USD/T on August 1, 2025, up 0.07% from the previous day. Over the past month, Lead's price has fallen 4.22%, and is down 2.38% compared to the same time last year, 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 August of 2025.

Bitcoin ranked as one of the most expensive cryptocurrencies existing by April 2024 - although values changed noticeably. Bitcoin had the most expensive cryptocurrency for a while, but Ethereum was significantly cheaper, with a price that was roughly 30 times less than that of the most well-known digital currency. However, Bitcoin is in a unique position. Ethereum is one of several cryptocurrencies, for instance, that come from blockchains that focus on making financial applications possible. Bitcoin, or a digital equivalent of gold When one categorizes the different types of cryptocurrencies, Bitcoin stands out as it is one of the few that are essentially meant to store digital value. Some describe Bitcoin as a digital version of gold, purely designed to hold or possibly purchasing power over time. It has no other applications built around it, and is considered too slow to perform financial transactions. Stablecoins, the less volatile cryptocurrency Many coins in this ranking stand out as their price seemingly has not changed as much as others. This is because these are stablecoins - cryptocurrencies pegged to the price development of an external asset. This group of digital assets comprise an increasing share within the overall crypto market. Some see these coins as the future of retail payments, whereas others view these coins as a "safe" addition to their crypto investments.

Brent fell to 69.48 USD/Bbl on August 1, 2025, down 3.10% from the previous day. Over the past month, Brent's price has risen 0.54%, 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. Brent crude oil - values, historical data, forecasts and news - updated on August of 2025.

Zinc fell to 2,732.85 USD/T on August 1, 2025, down 1.20% from the previous day. Over the past month, Zinc's price has fallen 0.83%, but it is still 3.01% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Zinc - values, historical data, forecasts and news - updated on August of 2025.

Cobalt traded flat at 33,335 USD/T on July 24, 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 August of 2025.

Nickel rose to 15,020 USD/T on August 1, 2025, up 0.47% from the previous day. Over the past month, Nickel's price has fallen 2.09%, and is down 7.70% compared to the same time last year, 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 August of 2025.

LME Index fell to 4,124.80 Index Points on July 31, 2025, down 1.11% from the previous day. Over the past month, LME Index's price has fallen 2.70%, but it is still 6.44% higher than a year ago, 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 August of 2025.