Gold fell to 4,199.97 USD/t.oz on December 2, 2025, down 0.75% from the previous day. Over the past month, Gold's price has risen 4.93%, and is up 58.92% 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 December 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.

In 2024, one troy ounce of gold had an annual average price of ******** U.S. dollars. Gold pricing determinants Gold is a metal that is considered malleable, ductile, and is known for its bright lustrous yellow color. This transition metal is highly valued as a precious metal for its use in coins, jewelry, and in investments. Gold was also once used as a standard for monetary policies between different countries. The price of gold is determined by daily fixings where participants agree to buy or sell at a set price or to maintain the price through supply and demand control. For gold, companies like Barclays Capital, Scotia-Mocatta, Sociétè Générale, HSBC, and Deutsche Bank are members in gold fixing at the London Bullion Market Association.

Gold prices, recently at $3,057.31, may drop to $1,820 due to supply-demand dynamics, interest rates, and new mines, says Morningstar's David Sekera.

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.

Gold prices in , October, 2025 For that commodity indicator, we provide data from January 1960 to October 2025. The average value during that period was 615.3 USD per troy ounce with a minimum of 34.94 USD per troy ounce in January 1970 and a maximum of 4058.33 USD per troy ounce in October 2025. | TheGlobalEconomy.com

Context

Gold. A precious item with its own duality. In one side, it's a popular investment asset. In another side, it's a commodity. Whether you buy it as an asset or as commodity, the price for gold is always influenced by two things, as similar as other commodities in market: supply and demand. It's not easy to combine many aspects in supply and demand into a single dataset without making it into wall of columns. And also aggregating the data might not easy to do, since the data might not available publicly. But it doesn't mean we can't learn the historical pattern of gold market. At least some gold price historical data are available for public. And we can use that to analyze the market pattern, and, maybe, learn something from them.

Content

This dataset was based on gold price historical data from macrotrends.net. I added one new column, 'Year Range Price', to see how wide the spread of the price annually.

Acknowledgements

The base data for this dataset was retrieved from https://www.macrotrends.net/1333/historical-gold-prices-100-year-chart.

Inspiration

What variable have the biggest correlation with annual Average Closing Price? What information can we see from the graphic? Are there any reasons why the price drop and rise? What happened on those years? Many things can be learn and explore by historical data. Having historical data is like having a kaleidoscope to see the past, learn from them, and use it as information to walk on our future path.

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.

Gold Prices - Historical chart and current data through 2025.

Dataset of historical annual gold prices from 1970 to 2024, including significant events and acts that impacted gold prices.

Context

Historically, gold had been used as a form of currency in various parts of the world including the USA. In present times, precious metals like gold are held with central banks of all countries to guarantee re-payment of foreign debts, and also to control inflation which results in reflecting the financial strength of the country. Recently, emerging world economies, such as China, Russia, and India have been big buyers of gold, whereas the USA, SoUSA, South Africa, and Australia are among the big seller of gold.

Forecasting rise and fall in the daily gold rates can help investors to decide when to buy (or sell) the commodity. But Gold prices are dependent on many factors such as prices of other precious metals, prices of crude oil, stock exchange performance, Bonds prices, currency exchange rates, etc.

The challenge of this project is to accurately predict the future adjusted closing price of Gold ETF across a given period of time in the future. The problem is a regression problem, because the output value which is the adjusted closing price in this project is continuous value.

Content

Data for this study is collected from November 18th 2011 to January 1st 2019 from various sources. The data has 1718 rows in total and 80 columns in total. Data for attributes, such as Oil Price, Standard and Poor’s (S&P) 500 index, Dow Jones Index US Bond rates (10 years), Euro USD exchange rates, prices of precious metals Silver and Platinum and other metals such as Palladium and Rhodium, prices of US Dollar Index, Eldorado Gold Corporation and Gold Miners ETF were gathered.

The dataset has 1718 rows in total and 80 columns in total. Data for attributes, such as Oil Price, Standard and Poor’s (S&P) 500 index, Dow Jones Index US Bond rates (10 years), Euro USD exchange rates, prices of precious metals Silver and Platinum and other metals such as Palladium and Rhodium, prices of US Dollar Index, Eldorado Gold Corporation and Gold Miners ETF were gathered.

The historical data of Gold ETF fetched from Yahoo finance has 7 columns, Date, Open, High, Low, Close, Adjusted Close, and Volume, the difference between Adjusted Close and Close is that the closing price of a stock is the price of that stock at the close of the trading day. Whereas the adjusted closing price takes into account factors such as dividends, stock splits, and new stock offerings to determine a value. So, Adjusted Close is the outcome variable which is the value you have to predict.

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Acknowledgements

The data is collected from Yahoo finance.

Inspiration

Can you predict Gold prices accurately using traditional machine learning algorithms

This statistic depicts the average annual prices for gold from 2014 to 2024 with a forecast until 2026. In 2024, the average price for gold stood at 2,388 U.S. dollars per troy ounce, the highest value recorded throughout the period considered. In 2026, the average gold price is expected to increase, reaching 3,200 U.S. dollars per troy ounce.

The Gold and Silver Ore Mining industry explores and develops land to extract precious metals for sale in concentrate, dore and bullion form. Revenue is largely a function of mine output and the world prices of gold and silver. Thanks to rising gold and silver prices, overall industry revenue has been on the rise, in spite of reduced gold mine output and only modestly increasing silver mine output over the past five years. Gold and silver prices saw significant growth at the beginning of this five year period amid the uncertainty that came with the COVID-19 pandemic; prices have seen similar growth in 2024 and 2025 amid renewed economic uncertainty. Overall, industry revenue is projected to have risen at a CAGR of 1.4% to $15.3 billion over the five years to 2025, with a 12.0% increase in 2025 alone as gold and silver prices continue to surge upward. The gold and silver mining industry is capital-intensive with fluctuating production volumes and unstable metal prices causing high entry barriers. Small mines have struggled to survive while larger companies have dominated the market by operating major gold mining facilities. This situation has led to the rise of non-organic growth, as evidenced by the recent partnership between industry giants Barrick and Newmont. Average industry profit, measured as earnings before interest and taxes, has fallen as the industry has faced increased costs. Over the five years to 2030, Gold and Silver Ore Mining revenue is expected to fall at a CAGR of 0.8% to $14.6 billion. Gold and silver prices are set to regress from their current historic highs, driving down revenue. With consumer confidence predicted to grow, more people are likely to buy gold and silver as luxury items, but less are expected to invest in precious metals due to economic uncertainties or as an inflation hedge.

Overview:

Information on location and characteristics of crashes in Queensland for all reported Road Traffic Crashes occurred from 1 January 2001 to 31 Dec 2024.

Fatal, Hospitalisation, Medical treatment and Minor injury:

This dataset contains information on crashes reported to the police which resulted from the movement of at least 1 road vehicle on a road or road related area. Crashes listed in this resource have occurred on a public road and meet one of the following criteria:

• a person is killed or injured, or
• at least 1 vehicle was towed away, or
• the value of the property damage meets the appropriate criteria listed below.

Property damage:

1. $2500 or more damage to property other than vehicles (after 1 December 1999)
2. $2500 or more damage to vehicle and/or other property (after 1 December 1991 and before 1 December 1999)
3. value of property damage is greater than $1000 (before December 1991).

Please note:

• This data has been extracted from the Queensland Road Crash Database.
• Information held in the Road Crash Database on events occurring within the last 12 months is considered preliminary as investigations into crashes can take up to 1 year to finalise.
• Property damage only crashes ceased to be reported/recorded by Queensland Police Service after 31 December 2010.
• These crash location coordinates reference the current Australian geodetic datum is GDA2020 (previously it was GDA94).

Copper rose to 5.19 USD/Lbs on December 2, 2025, up 0.35% from the previous day. Over the past month, Copper's price has risen 3.22%, and is up 25.36% 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 December of 2025.

Imports of gold, unwrought or in powder form in France amounted to X tons in 2017, lowering by -X% against the previous year. Overall, imports of gold, unwrought or in powder form continue to indicate a drastic drop. The pace of growth appeared the most rapid in 2012, when it surged by X% from the previous year.

Context

This is a multi factor data set about crude oil futures

Including the rise and fall of the US dollar index and the US dollar index, and the rise and fall of gold price and gold price

The time length is from 2020 to 2021, and the time granularity is days

Silver fell to 57.28 USD/t.oz on December 2, 2025, down 1.22% from the previous day. Over the past month, Silver's price has risen 19.11%, and is up 84.81% 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 December of 2025.

Since 2020–21, New Zealand’s Gold Ore Mining industry has experienced strong growth in revenue and profitability, driven by surges in global gold prices. Gold’s appeal as an inflation hedge has been heightened by ongoing economic uncertainty, persistent inflation, and geopolitical tensions, particularly the Russia-Ukraine and Middle East conflicts. These factors have pushed gold prices to record highs, especially during 2022–23 and 2025–26, with investor and central bank demand playing a pivotal role in sustaining elevated prices. US tariffs and concerns over fiscal stability have also shifted investor sentiment further in gold’s favour, resulting in a 7.7% increase in revenue during 2025-26. With rising gold prices improving profitability, production volumes in New Zealand have steadily increased, with total output rising from around 189,000 ounces in 2021 to a projected 236,000 ounces in 2026. Higher prices have improved project viability, encouraged further investment in mine development. While inflation and supply chain disruptions have pushed up some operating costs, the rapid pace of gold price growth has outstripped these increases, expanding profit margins. However, future expansion remains constrained by high capital requirements, regulatory hurdles and the limited availability of economically viable, high-grade ore deposits. OceanaGold continues to dominate, accounting for the majority of industry output and revenue. Overall, industry revenue is expected to climb at an annualised 10.5% over the five years through 2025-26 to reach $1.15 billion.

Gold prices are forecast to decline after peaking in 2025–26, as global inflation moderates, interest rates stabilise, and investor confidence in financial markets improves. This softer demand for safe-haven assets, coupled with growing global supply, is expected to put downwards pressure on gold prices, weighing on industry revenue and profit margins. New Zealand’s gold production is projected to rise over the coming years as several new projects, like OceanaGold’s Waihi North and Macraes expansions, Federation Mining's Snowy River project near Reefton and New Talisman’s plans to reopen the Hauraki Gold Field, move forwards under fast-track regulatory processes. Increased output will be critical to offsetting margin pressures and supporting employment and industry investment, even as lower gold prices reduce the financial incentives for new exploration and market entrants. Industry revenue is forecast to fall marginally at an annualised 0.7% over the five years through 2030-31, to $1.1 million.

View market daily updates and historical trends for Gold Price in Swiss Franc (DISCONTINUED). from Switzerland. Source: Gold Council. Track economic data …