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.

Monthly price from 1988 to 2019.

Indonesia Retail Price: Gold: 24 Carat data was reported at 539,218.000 IDR in Nov 2017. This records a decrease from the previous number of 539,520.000 IDR for Oct 2017. Indonesia Retail Price: Gold: 24 Carat data is updated monthly, averaging 85,000.000 IDR from May 1987 (Median) to Nov 2017, with 367 observations. The data reached an all-time high of 560,000.000 IDR in Aug 2016 and a record low of 21,350.000 IDR in Jun 1990. Indonesia Retail Price: Gold: 24 Carat data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Global Database’s Indonesia – Table ID.PC001: Retail Price: By Major Commodities.

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.

The yearly average price of gold in London (UK) increased dramatically between 1990 to 2024, though with fluctuations. The price for one ounce of fine gold peaked at an average cost of approximately ***** euros in 2024.

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.

Key information about Saudi Arabia Gold Production

• Saudi Arabia Gold Production was reported at 5,000.000 kg in Dec 2016.
• This records a decrease from the previous figure of 5,078.000 kg for Dec 2015.
• Saudi Arabia Gold Production data is updated yearly, averaging 5,000.000 kg from Dec 1990 to 2016, with 27 observations.
• The data reached an all-time high of 8,769.000 kg in 2003 and a record low of 3,540.000 kg in 1990.
• Saudi Arabia Gold Production data remains active status in CEIC and is reported by U.S. Geological Survey. The data is categorized under World Trend Plus’s Association: Metal and Mining Sector – Table WB.USGS.GOLD: Precious Metals: Gold: Production by Country or Locality.

In 2023, the official reserve assets of the United States held in gold had a value of approximately 543.5 billion U.S. dollars. In 2000, the Federal Reserve had official reserve assets in gold worth about 71.8 billion U.S. dollars.

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

Graph and download economic data for Global price of Copper (PCOPPUSDM) from Jan 1990 to Jun 2025 about copper, metals, World, and price.

Guinea GN: International Liquidity: Gold at Market Price data was reported at 6.052 XDR mn in 2016. This records a decrease from the previous number of 58.824 XDR mn for 2015. Guinea GN: International Liquidity: Gold at Market Price data is updated yearly, averaging 6.631 XDR mn from Dec 1990 (Median) to 2016, with 21 observations. The data reached an all-time high of 75.299 XDR mn in 2003 and a record low of 0.836 XDR mn in 2004. Guinea GN: 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 Guinea – Table GN.IMF.IFS: International Liquidity: Annual.

Hong Kong HK: International Liquidity: Gold at Market Price data was reported at 58.229 XDR mn in Jul 2018. This records a decrease from the previous number of 59.563 XDR mn for Jun 2018. Hong Kong HK: International Liquidity: Gold at Market Price data is updated monthly, averaging 29.190 XDR mn from Dec 1990 (Median) to Jul 2018, with 283 observations. The data reached an all-time high of 77.158 XDR mn in Sep 2012 and a record low of 12.462 XDR mn in Aug 1999. Hong Kong HK: 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 Hong Kong – Table HK.IMF.IFS: International Liquidity.

Hungary HU: International Liquidity: Total Reserves: Including Gold at Market Price data was reported at 28.003 USD bn in 2017. This records an increase from the previous number of 25.824 USD bn for 2016. Hungary HU: International Liquidity: Total Reserves: Including Gold at Market Price data is updated yearly, averaging 10.983 USD bn from Dec 1983 (Median) to 2017, with 35 observations. The data reached an all-time high of 48.832 USD bn in 2011 and a record low of 1.185 USD bn in 1990. Hungary HU: 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 Hungary – Table HU.IMF.IFS: International Liquidity: Annual.

In 2024, the price for one pound of white flour in the United States amounted to approximately **** U.S. dollar. Compared to the previous year, the price of white flour within the country increased slightly in 2024. Most commonly used types of flour in the US Flour is a staple ingredient used to create a variety of foods in many different cultures and countries, including the United States. In 2020, an estimated *** million of the total US population (i.e. the vast majority) stated they used flour. The most common type of flour used by this group was all-purpose/white flour: over *** million Americans stated they used this kind most often. With just over ** million frequent users, self-rising flour was the second-most popular flour type. There are various flour brands to be found in the United States, such as Pillsbury, King Arthur, Maseca, and White Lily. However, by far the most commonly used brand within the country was Gold Medal. Approximately *** million American consumers used this brand of flour in 2020.

Hong Kong HK: International Liquidity: Total Reserves: Including Gold at Market Price data was reported at 426.404 USD bn in Sep 2018. This records a decrease from the previous number of 431.929 USD bn for Jun 2018. Hong Kong HK: International Liquidity: Total Reserves: Including Gold at Market Price data is updated quarterly, averaging 124.278 USD bn from Dec 1990 (Median) to Sep 2018, with 103 observations. The data reached an all-time high of 440.251 USD bn in Mar 2018 and a record low of 24.656 USD bn in Dec 1990. Hong Kong HK: 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 Hong Kong SAR – Table HK.IMF.IFS: International Liquidity: Quarterly.

Australia Export Price Index: SITC: Commodities & Transactions nec: Gold, Non Monetary Excluding Gold Ores & Concentrates data was reported at 333.300 1989-1990=100 in Jun 2012. This records a decrease from the previous number of 339.200 1989-1990=100 for Mar 2012. Australia Export Price Index: SITC: Commodities & Transactions nec: Gold, Non Monetary Excluding Gold Ores & Concentrates data is updated quarterly, averaging 98.150 1989-1990=100 from Sep 1974 (Median) to Jun 2012, with 152 observations. The data reached an all-time high of 353.000 1989-1990=100 in Dec 2011 and a record low of 17.900 1989-1990=100 in Sep 1976. Australia Export Price Index: SITC: Commodities & Transactions nec: Gold, Non Monetary Excluding 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.I059: Export Price Index: SITC: 1989-90=100.

Romania RO: International Liquidity: Total Reserves: Including Gold at Market Price data was reported at 44.429 USD bn in 2017. This records an increase from the previous number of 39.953 USD bn for 2016. Romania RO: International Liquidity: Total Reserves: Including Gold at Market Price data is updated yearly, averaging 3.396 USD bn from Dec 1979 (Median) to 2017, with 39 observations. The data reached an all-time high of 48.828 USD bn in 2013 and a record low of 1.374 USD bn in 1990. Romania RO: 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 Romania – Table RO.IMF.IFS: International Liquidity: Annual.

Australia Import Value by Major Mineral Commodity: Gold data was reported at 8,907.140 AUD mn in 2024. This records an increase from the previous number of 7,369.241 AUD mn for 2023. Australia Import Value by Major Mineral Commodity: Gold data is updated yearly, averaging 4,589.106 AUD mn from Jun 1990 (Median) to 2024, with 35 observations. The data reached an all-time high of 11,250.268 AUD mn in 2009 and a record low of 282.845 AUD mn in 1990. Australia Import Value by Major Mineral Commodity: Gold data remains active status in CEIC and is reported by Department of Industry, Science and Resources. The data is categorized under Global Database’s Australia – Table AU.WB007: Import Value. Refined and unrefined bullion.

Hong Kong HK: International Liquidity: Total Reserves: Including Gold at Market Price data was reported at 431.442 USD bn in 2017. This records an increase from the previous number of 386.293 USD bn for 2016. Hong Kong HK: International Liquidity: Total Reserves: Including Gold at Market Price data is updated yearly, averaging 120.979 USD bn from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 431.442 USD bn in 2017 and a record low of 24.656 USD bn in 1990. Hong Kong HK: 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 Hong Kong – Table HK.IMF.IFS: International Liquidity: Annual.