Gold increased 393.93 USD/t oz. or 15.01% since the beginning of 2025, 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 March of 2025.

This statistic depicts the average annual prices for gold from 2014 to 2023 with a forecast until 2026. In 2023, the average price for gold stood at 1,943 U.S. dollars per troy ounce, the highest value recorded throughout the period considered.

Statistics illustrates consumption, production, prices, and trade of Gold in Isle of Man from 2007 to 2024.

The jewelry industry accounted for a 48.7 percent share of global gold demand in 2023, which amounted to about 2,168 metric tons. Jewelry was the largest gold demanding industry worldwide in most recent years, although in 2020 it was the second after investment demand.

What is gold used for?

Gold is a transition metal that has characteristically bright yellow coloring. Besides its most famous use, in jewelry, it has many different useful applications. Because is a very efficient conductor that can carry tiny electrical charges, gold is found in cell phones and televisions. In 2023, gold used for technology accounted for 6.7 percent of global gold demand. It is also used in dentistry, as it is the best material for fillings and crowns since it is easy to insert. Gold used for investing was the second-largest demand sector in 2023, accounting for almost one-quarter of global gold demand.

Gold mining worldwide

The world production of gold mines has increased steadily over the years since 2005. In 2005, about 2,470 metric tons of gold was produced. In 2023, about 3,000 metric tons was produced. That was a slight decrease in production compared to the previous three years. The countries that produced the most gold in 2023 were China, Australia, and Russia. China produced an estimated 370 metric tons, while both Australia and Russia produced an estimated 310 metric tons.

Historical dataset of nominal and real (inflation-adjusted) gold prices per ounce back to 1915. The series is deflated using the headline Consumer Price Index (CPI) with the most recent month as the base. The current month is updated on an hourly basis with today's latest value.

Gold Reserves in Russia remained unchanged at 2335.85 Tonnes in the fourth quarter of 2024 from 2335.85 Tonnes in the second quarter of 2024. This dataset provides - Russia Gold Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Statistics illustrates consumption, production, prices, and trade of Gold in Central Asia from 2007 to 2024.

Central banks worldwide bought a record 458 tonnes of gold in the third quarter of 2022, as they looked for safe investment havens. Gold prices were relatively low during the end of 2022, making it easy for central banks to stock up gold reserves. Demand remained high in the first quarter of 2023, however. The United States, Germany, and Italy made up the top three of countries with the highest gold reserves in the world.

Hong Kong Domestic Exports: Gold: Volume data was reported at 11,529.000 kg in Oct 2018. This records an increase from the previous number of 10,310.000 kg for Sep 2018. Hong Kong Domestic Exports: Gold: Volume data is updated monthly, averaging 18,747.000 kg from Aug 2001 (Median) to Oct 2018, with 207 observations. The data reached an all-time high of 79,490.000 kg in Apr 2016 and a record low of 2,335.194 kg in Aug 2001. Hong Kong Domestic Exports: Gold: Volume data remains active status in CEIC and is reported by Census and Statistics Department. The data is categorized under Global Database’s Hong Kong SAR – Table HK.JA029: Gold Trade Statistics. The volume of “Gold” consists of the following items: Gold (Including Gold Plated With Platinum), Non-Monetary, Unwrought Or In Semi-Manufactured Forms, Or In Powder Form Base Metals Or Silver, Clad With Gold, Not Further Worked Than Semi-Manufactured Waste And Scrap Of Gold (Including Metal Clad With Gold But Excluding Sweepings Containing Other Precious Metals) And Ash Containing Precious Metal Or Precious Metal Compounds Gold Coin And Current Coin

Gold Production in Mexico decreased to 6482 Kg in January from 6553 Kg in December of 2024. This dataset provides - Mexico Gold Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Worldwide gold demand amounted to 4,448.3 metric tons in 2023, an increase from 4,740.8 metric tons in the previous year. Also, 2020 was the first time demand for gold was lower than 4,000 metric tons throughout the period considered, and the driving force behind that drop was the coronavirus pandemic. Gold supply The supply of gold depends largely on the mine production of gold. Production, in turn, depends on two factors. The countries with higher reserves of gold work harder to extract their gold when the price of gold increases, following standard theory that quantity supplied increases with price. Similarly, the expectation of higher prices in the future prompts speculators to explore for new reserves. As new lodes are discovered, the supply of gold increases. Investments in gold Gold is subject to cyclical volatility in its rate of return, and many investors speculate on its value. However, for historic reasons many view it as a symbol of price stability. After World War II, the Bretton Woods system tied the price of all major currencies to the price of gold until the 1970s. This legacy means that most countries still maintain large gold reserves. While this can drive gold demand, it also reduces the supply of gold in circulation by locking huge amounts of gold in central bank vaults. Gold demand was noticeably higher following the Financial Crisis, until the coronavirus pandemic hit. Many investors look to gold in periods of market turmoil because they believe that it holds value through recessions better than other assets.

Statistics illustrates consumption, production, prices, and trade of Gold in the World from 2007 to 2024.

Hong Kong Total Exports: to China: Gold: Volume data was reported at 12,733.960 kg in Sep 2018. This records a decrease from the previous number of 35,050.617 kg for Aug 2018. Hong Kong Total Exports: to China: Gold: Volume data is updated monthly, averaging 9,000.000 kg from Aug 2001 (Median) to Sep 2018, with 206 observations. The data reached an all-time high of 223,612.000 kg in Mar 2013 and a record low of 343.000 kg in May 2002. Hong Kong Total Exports: to China: Gold: Volume data remains active status in CEIC and is reported by Census and Statistics Department. The data is categorized under Global Database’s Hong Kong SAR – Table HK.JA030: Gold Trade Statistics: China. The volume of “Gold” consists of the following items: Gold (Including Gold Plated With Platinum), Non-Monetary, Unwrought Or In Semi-Manufactured Forms, Or In Powder Form Base Metals Or Silver, Clad With Gold, Not Further Worked Than Semi-Manufactured Waste And Scrap Of Gold (Including Metal Clad With Gold But Excluding Sweepings Containing Other Precious Metals) And Ash Containing Precious Metal Or Precious Metal Compounds Gold Coin And Current Coin

Gold Reserves in Kyrgyzstan increased to 38.13 Tonnes in the fourth quarter of 2024 from 25.96 Tonnes in the third quarter of 2024. This dataset provides - Kyrgyzstan Gold Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2023, gold imports to the United States were valued at approximately 15.1 billion U.S. dollars. Three years earlier, in 2020, the U.S. saw significantly higher gold imports, which amounted to 34.7 billion U.S. dollars. The U.S. was the eight-largest gold importing country in 2023 based on value.

Hong Kong Total Imports: Gold: Value data was reported at 10,253,285.000 HKD th in Oct 2018. This records a decrease from the previous number of 13,012,982.000 HKD th for Sep 2018. Hong Kong Total Imports: Gold: Value data is updated monthly, averaging 4,407,950.000 HKD th from Aug 2001 (Median) to Oct 2018, with 207 observations. The data reached an all-time high of 101,007,095.000 HKD th in Mar 2013 and a record low of 98,476.000 HKD th in Nov 2002. Hong Kong Total Imports: Gold: Value data remains active status in CEIC and is reported by Census and Statistics Department. The data is categorized under Global Database’s Hong Kong SAR – Table HK.JA029: Gold Trade Statistics. The value of “Gold” consists of the following items: Gold (Including Gold Plated With Platinum), Non-Monetary, Unwrought Or In Semi-Manufactured Forms, Or In Powder Form Base Metals Or Silver, Clad With Gold, Not Further Worked Than Semi-Manufactured Waste And Scrap Of Gold (Including Metal Clad With Gold But Excluding Sweepings Containing Other Precious Metals) And Ash Containing Precious Metal Or Precious Metal Compounds Gold Coin And Current Coin

Hong Kong Re-Exports: to China: Gold: Volume data was reported at 10,088.960 kg in Sep 2018. This records a decrease from the previous number of 33,955.617 kg for Aug 2018. Hong Kong Re-Exports: to China: Gold: Volume data is updated monthly, averaging 5,208.555 kg from Aug 2001 (Median) to Sep 2018, with 206 observations. The data reached an all-time high of 181,542.000 kg in Mar 2013 and a record low of 328.000 kg in May 2002. Hong Kong Re-Exports: to China: Gold: Volume data remains active status in CEIC and is reported by Census and Statistics Department. The data is categorized under Global Database’s Hong Kong SAR – Table HK.JA030: Gold Trade Statistics: China. The volume of “Gold” consists of the following items: Gold (Including Gold Plated With Platinum), Non-Monetary, Unwrought Or In Semi-Manufactured Forms, Or In Powder Form Base Metals Or Silver, Clad With Gold, Not Further Worked Than Semi-Manufactured Waste And Scrap Of Gold (Including Metal Clad With Gold But Excluding Sweepings Containing Other Precious Metals) And Ash Containing Precious Metal Or Precious Metal Compounds Gold Coin And Current Coin

Laos Imports: Gold and Silver data was reported at 33.710 USD mn in 2017. This records a decrease from the previous number of 70.950 USD mn for 2016. Laos Imports: Gold and Silver data is updated yearly, averaging 20.200 USD mn from Dec 2001 (Median) to 2017, with 17 observations. The data reached an all-time high of 209.760 USD mn in 2010 and a record low of 5.060 USD mn in 2003. Laos Imports: Gold and Silver data remains active status in CEIC and is reported by Bank of the Lao PDR. The data is categorized under Global Database’s Laos – Table LA.JA002: Trade Statistics: Annual.

United States Imports: 2-Digit: DE: Gold, Nonmonetary Excl Gold Ores data was reported at 6.173 USD mn in May 2018. This records an increase from the previous number of 2.783 USD mn for Apr 2018. United States Imports: 2-Digit: DE: Gold, Nonmonetary Excl Gold Ores data is updated monthly, averaging 0.459 USD mn from Jan 1996 (Median) to May 2018, with 269 observations. The data reached an all-time high of 10.976 USD mn in Feb 2017 and a record low of 0.107 USD mn in Feb 2009. United States Imports: 2-Digit: DE: Gold, Nonmonetary Excl Gold Ores data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.JA086: Trade Statistics: Germany: Imports: Customs: SITC.

Historical dataset of the price of gold in U.S. dollars over the last 10 years.