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.

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.

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.

Dataset of historical annual silver prices from 1970 to 2022, including significant events and acts that impacted silver prices.

Silver's price surged to over $50 an ounce for the first time since 1980, fueled by a fifth consecutive annual supply deficit and strong industrial demand from the solar and wind sectors.

China International Liquidity: Total Reserves: Including Gold at Market Price data was reported at 3,235.682 USD bn in 2017. This records an increase from the previous number of 3,097.658 USD bn for 2016. China International Liquidity: Total Reserves: Including Gold at Market Price data is updated yearly, averaging 157.129 USD bn from Dec 1980 (Median) to 2017, with 38 observations. The data reached an all-time high of 3,900.039 USD bn in 2014 and a record low of 10.091 USD bn in 1980. China International Liquidity: Total Reserves: Including Gold at Market Price data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s China – Table CN.IMF.IFS: International Liquidity: Annual.

China International Liquidity: Gold at Market Price data was reported at 53,930.773 XDR mn in 2017. This records an increase from the previous number of 50,495.872 XDR mn for 2016. China International Liquidity: Gold at Market Price data is updated yearly, averaging 4,482.452 XDR mn from Dec 1980 (Median) to 2017, with 38 observations. The data reached an all-time high of 53,930.773 XDR mn in 2017 and a record low of 2,595.878 XDR mn in 1998. China International Liquidity: Gold at Market Price data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s China – Table CN.IMF.IFS: International Liquidity: Annual.

Context

Time series of major commodity prices and indices including iron, cooper, wheat, gold, oil

Content

Dataset contains Monthly prices for 53 commodities and 10 indexes, starting from 1980 to 2016, Last updated on march 17, 2016. The reference year for indexes are 2005 (meaning the value of indexes are 100 and all other values are relative to that year).

Inspiration

This is a challenging dataset with a fair share of NaN values. Some really good potential for EDA and also Time Series Analysis!

Time series of major commodity prices and indices including iron, cooper, wheat, gold, oil. Data comes from the International Monetary Fund (IMF).

All rights are reserved

Data

Dataset contains Monthly prices for 53 commodities and 10 indexes, starting from 1980 to 2016, Last updated on march 17, 2016. The reference year for indexes are 2005 (meaning the value of indexes are 100 and all other values are relative to that year).

License

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China International Liquidity: Gold at Market Price data was reported at 50,408.635 XDR mn in Sep 2018. This records a decrease from the previous number of 52,664.652 XDR mn for Jun 2018. China International Liquidity: Gold at Market Price data is updated quarterly, averaging 4,594.324 XDR mn from Sep 1980 (Median) to Sep 2018, with 153 observations. The data reached an all-time high of 56,005.456 XDR mn in Sep 2016 and a record low of 2,481.298 XDR mn in Jun 1999. China International Liquidity: Gold at Market Price data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s China – Table CN.IMF.IFS: International Liquidity: Quarterly.

This article is an interview between the author and Norm Ross. Ross describes his involvement in Yukon's placer mining industry since 1980. He talks about the fluctuations in gold prices and how the regulatory environment has changed.

Sweden Consumer Price Index (CPI): RB: Miscellaneous Articles for Personal Use Other Goods excl Maintenance and Gold data was reported at 193.192 1980=100 in Jun 2018. This records an increase from the previous number of 190.744 1980=100 for May 2018. Sweden Consumer Price Index (CPI): RB: Miscellaneous Articles for Personal Use Other Goods excl Maintenance and Gold data is updated monthly, averaging 182.397 1980=100 from Jan 1994 (Median) to Jun 2018, with 294 observations. The data reached an all-time high of 193.192 1980=100 in Jun 2018 and a record low of 172.100 1980=100 in Feb 1999. Sweden Consumer Price Index (CPI): RB: Miscellaneous Articles for Personal Use Other Goods excl Maintenance and Gold data remains active status in CEIC and is reported by Statistics Sweden. The data is categorized under Global Database’s Sweden – Table SE.I009: Consumer Price Index: 1980=100: by Riksbank Grouping.

Belgium BE: International Liquidity: Gold at Market Price data was reported at 6,353.885 XDR mn in Jul 2018. This records a decrease from the previous number of 6,499.515 XDR mn for Jun 2018. Belgium BE: International Liquidity: Gold at Market Price data is updated monthly, averaging 4,475.282 XDR mn from Dec 1950 (Median) to Jul 2018, with 746 observations. The data reached an all-time high of 17,365.752 XDR mn in Sep 1980 and a record low of 582.471 XDR mn in Dec 1950. Belgium BE: International Liquidity: Gold at Market Price data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Belgium – Table BE.IMF.IFS: International Liquidity.

Switzerland International Liquidity: Gold at Market Price data was reported at 30,440.298 XDR mn in 2017. This records an increase from the previous number of 28,501.527 XDR mn for 2016. Switzerland International Liquidity: Gold at Market Price data is updated yearly, averaging 15,968.242 XDR mn from Dec 1950 (Median) to 2017, with 68 observations. The data reached an all-time high of 38,490.818 XDR mn in 1980 and a record low of 1,398.466 XDR mn in 1952. Switzerland International Liquidity: Gold at Market Price data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Switzerland – Table CH.IMF.IFS: International Liquidity: Annual.

Hungary HU: International Liquidity: Gold at Market Price data was reported at 90.036 XDR mn in 2017. This records an increase from the previous number of 0.000 XDR mn for 2016. Hungary HU: International Liquidity: Gold at Market Price data is updated yearly, averaging 75.653 XDR mn from Dec 1977 (Median) to 2017, with 41 observations. The data reached an all-time high of 956.299 XDR mn in 1980 and a record low of 0.000 XDR mn in 2016. Hungary HU: International Liquidity: Gold at Market Price data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Hungary – Table HU.IMF.IFS: International Liquidity: Annual.

Canada CA: International Liquidity: Gold at Market Price data was reported at 0.000 XDR mn in Jun 2018. This stayed constant from the previous number of 0.000 XDR mn for Mar 2018. Canada CA: International Liquidity: Gold at Market Price data is updated quarterly, averaging 977.815 XDR mn from Dec 1950 (Median) to Jun 2018, with 253 observations. The data reached an all-time high of 10,724.376 XDR mn in Sep 1980 and a record low of 0.000 XDR mn in Jun 2018. Canada CA: International Liquidity: Gold at Market Price data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Canada – Table CA.IMF.IFS: International Liquidity: Quarterly.

Luxembourg LU: International Liquidity: Gold at Market Price data was reported at 65.547 XDR mn in 2017. This records an increase from the previous number of 61.372 XDR mn for 2016. Luxembourg LU: International Liquidity: Gold at Market Price data is updated yearly, averaging 41.221 XDR mn from Dec 1950 (Median) to 2017, with 67 observations. The data reached an all-time high of 210.363 XDR mn in 1980 and a record low of 2.975 XDR mn in 1953. Luxembourg LU: International Liquidity: Gold at Market Price data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Luxembourg – Table LU.IMF.IFS: International Liquidity: Annual.

Costa Rica CR: International Liquidity: Gold at Market Price data was reported at 0.000 XDR mn in 2017. This stayed constant from the previous number of 0.000 XDR mn for 2016. Costa Rica CR: International Liquidity: Gold at Market Price data is updated yearly, averaging 2.091 XDR mn from Dec 1950 (Median) to 2017, with 68 observations. The data reached an all-time high of 40.192 XDR mn in 1980 and a record low of 0.000 XDR mn in 2017. Costa Rica CR: International Liquidity: Gold at Market Price data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Costa Rica – Table CR.IMF.IFS: International Liquidity: Annual.

Norway NO: International Liquidity: Gold at Market Price data was reported at 0.000 XDR mn in Oct 2018. This stayed constant from the previous number of 0.000 XDR mn for Sep 2018. Norway NO: International Liquidity: Gold at Market Price data is updated monthly, averaging 59.452 XDR mn from Dec 1950 (Median) to Oct 2018, with 749 observations. The data reached an all-time high of 601.500 XDR mn in Sep 1980 and a record low of 0.000 XDR mn in Oct 2018. Norway NO: International Liquidity: Gold at Market Price data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Norway – Table NO.IMF.IFS: International Liquidity.