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.

Gold prices dropped for the second day due to easing market concerns after Trump's remarks on China and the Fed, though gold remains over 25% up this year.

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

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 fell by 3.58% on Monday due to global tariff concerns, yet remain up 16.77% since January amid economic uncertainty.

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.

In 2025, the price of platinum is forecast to hover around ***** U.S. dollars per troy ounce. Meanwhile, the cost of per troy ounce of gold is expected to amount to ***** 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 ***** 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 **** 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 **** 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 ***** U.S. dollars per ounce, making it the most expensive precious metal in 2023.

Dataset historical price data for XAU/USD (gold vs USD) from 2004 to Feb 2025, captured across multiple timeframes including 5-minute, 15-minute, 30-minute, 1-hour, 4-hour, daily, weekly, and monthly intervals. Dataset includes Open, High, Low, Close prices, and Volume data.

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.

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

Explore the stability of gold prices amidst economic uncertainty in the U.S., despite slight dips and fluctuating market conditions.

Gold prices declined amid easing trade tensions, with bullion dropping by 1.9% and losing weekly gains.

Get the latest insights on price movement and trend analysis of Gold in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Replication data for the paper The Gold Pool (1961–1968) and the Fall of the Bretton Woods System: Lessons for Central Bank Cooperation.Includes Eviews replication programme files and data files providing new exclusive data. If anything is unclear or if you want to replicate the regressions, feel free to contact the authors who will be happy to help and welcome replication efforts! Data that are unique and might interest other researchers include:Daily gold price from 1961 to 1968 (this is published here for the first time and is unavailable in other sources to the best of our knowledge)Daily intervention data by European central banks within the Gold Pool (read more about it in the paper)Quarterly data on withdrawal at the US gold window. This data has not yet been released by the New York Fed and is unique. It is central to better understandMore replication data which should suffice to re-run all the regression in the paper and recreate all the chartsThe source of the data is explained in the excel sheet and the paper provides additional information.

Gold prices recover after steep drop, influenced by mixed US-China trade signals and market volatility.

Gold prices have dropped to a two-week low due to easing trade tensions. Despite the decline, gold remains a strong performer with a bullish outlook for the future.

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.

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.

Gold prices dropped over 2% amid global market turmoil due to new US tariffs, erasing weekly gains despite recent highs.