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.

The size and share of the market is categorized based on Application (Enterprise, Individual) and Product (Web-based, Cloud-based) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

As of June 25, 2024, gold futures contracts to be settled in June 2030 were trading on U.S. markets at around 2,795 U.S. dollars per troy ounce. This is above the price of 2,339.6 U.S. dollars per troy ounce for contracts to be settled in June 2024, indicating that gold traders expect the price of gold to rise over the next five years. Gold futures are contracts that effectively lock in a price for an amount of gold to be purchased at a time in the future, which can then be traded on markets. Futures markets therefore provide an indicator of how investors think a commodities market will develop in the future.

The size of the Gold Market was valued at USD 3.2 Trillion in 2023 and is projected to reach USD 4.5 Trillion by 2032, with an expected CAGR of 7.38% during the forecast period. It is one of the crucial financial assets with a liquid market, intrinsic value, and diversified uses in jewelry, electronics, and for investment purposes. Gold includes both the physical bullion and ETF markets. Mining and refining technological innovations enhance efficiency and sustainability.Gold provides economic stability and security of investments since it is durable, widely accepted, and one that diversifies portfolios. Hence, gold holds a very significant place both in consumer markets and financial systems through its support for industries ranging from luxury goods to technology. Recent developments include: March 2023: Pan American Silver Corporation acquired all the issued and outstanding common shares of Yamana Gold Inc., as part of the arrangement, which includes its mines and increased the geographical operations of the company in Latin America., February 2023: Barrick Gold, the world's second-biggest gold producer, announced a 10% increase in attributable proved and probable gold mineral reserves to 76 million ounces net of depletion in 2022 while maintaining current reserves.. Key drivers for this market are: Demand for Gold in the form of Jewelry and Long-term Savings, Increasing Consumption in High-End Electronics Applications; Other Drivers. Potential restraints include: Declining Ore Grades and Other Technical Challenges, Other Restraints. Notable trends are: Jewelry Segment to Dominate the Demand.

Explore the dynamics of the spot market gold price, a critical real-time pricing mechanism influenced by global supply and demand. Understand how factors like geopolitical events, the U.S. dollar strength, and technological advancements impact gold's value. Learn about the role of the spread in gold trading and how online platforms have democratized access to gold market data.

Explore the potential of investing in the gold stock market for portfolio diversification, inflation hedging, and growth opportunities. Understand the risks and benefits of large-cap miners vs. junior exploration firms, and learn how to navigate geopolitical and regulatory factors, gold price fluctuations, and investment strategies like gold ETFs.

According to Cognitive Market Research, the Global Gold Bullion Market size will be USD 53154.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 12.60% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 21261.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 14.4%from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 15946.26 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 12225.47 million in 2024 and will grow at a compound annual growth rate (CAGR) of 14.6% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 2657.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 15.6%from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 1063.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.3% from 2024 to 2031.
The gold bars category is the fastest growing segment of the Gold Bullion industry

Market Dynamics of Gold Bullion Market

Key Drivers for Gold Bullion Market

Growing Interest In Safe-Haven Investments To Boost Market Growth

Concerns about inflation, geopolitical unrest, and economic instability are the main causes of the increased interest in safe-haven investments in the gold bullion market. Gold is seen as a trustworthy store of value by investors who are looking for stability during market turbulence. This tendency is further supported by central banks' growing gold reserves, which demonstrate their faith in gold as a hedge against exchange rate swings. Furthermore, it has become more accessible and appealing to a wider spectrum of investors due to the growth of digital gold and gold-backed investment products. This change emphasizes gold's continued allure as a hedge against volatile financial markets. For Instance, Agnico Eagle Mines Limited ("Agnico Eagle" or the "Company") and Kirkland Lake Gold Ltd. ("Kirkland Lake Gold") announced that they have entered into an agreement (the "Merger Agreement") to merge in a merger of equals (the "Merger"), with the combined company to continue under the name "Agnico Eagle Mines Limited" (the "Merger"). The merger will establish the new Agnico Eagle as the gold industry's highest-quality senior producer, with the lowest unit costs, largest profits, most favorable risk profile, and industry-leading best practices in key environmental, social, and governance ("ESG") categories.

Growing Demand In Emerging Markets For Gold To Drive Market Growth

An expanding middle class, rising wealth, and rising disposable incomes are driving the increased demand for gold in emerging nations. The consumption of jewellery and investments in gold bullion is rising significantly in nations with strong cultural ties to gold, such as China and India. Furthermore, these markets see gold as a safe-haven asset due to inflation worries and economic uncertainty. Participation in the gold market is further improved by the growth of financial literacy and the availability of gold investment products like ETFs and internet platforms. This pattern emphasizes how significant gold is in emerging economies as a representation of security and riches.

Restraint Factor for the Gold Bullion Market

Expenses for security and storage

Investors are quite concerned about the rising costs of storage and security in the gold bullion market. The price of securely storing and safeguarding actual gold rises in tandem with the demand for it. To protect their funds from loss or theft, investors need to account for costs associated with safe deposit boxes, insurance, and monitoring services. Regulations may also call for more stringent security measures, which would raise expenses even further. Potential investors may be put off by these costs, especially those with tighter budgets. They may instead choose alternative investment vehicles such as gold exchange-traded funds (ETFs), which don't need to be physically stored.

Impact of Covid-19 on the Gold Bullion Market

The COVID-19 pandemic had a major effect on the gold bullion market because ...

Gold Fields stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news.

This dataset is about books and is filtered where the book is Trading in gold : how to buy, sell and profit in the market, featuring 7 columns including author, BNB id, book, book publisher, and ISBN. The preview is ordered by publication date (descending).

China Commodity Trading Market over 100 M Yuan: Turnover: Wholesale: Gold, Jeweller, Jade Market data was reported at 82.605 RMB bn in 2023. This records a decrease from the previous number of 91.436 RMB bn for 2022. China Commodity Trading Market over 100 M Yuan: Turnover: Wholesale: Gold, Jeweller, Jade Market data is updated yearly, averaging 45.996 RMB bn from Dec 2008 (Median) to 2023, with 16 observations. The data reached an all-time high of 91.436 RMB bn in 2022 and a record low of 19.970 RMB bn in 2008. China Commodity Trading Market over 100 M Yuan: Turnover: Wholesale: Gold, Jeweller, Jade Market data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Wholesale, Retail and Catering Sector – Table CN.RJA: Commodity Trading Market over 100 Million Yuan: Turnover: Wholesale.

Barrick Gold reported CAD48.02B in Market Capitalization this March of 2025, considering the latest stock price and the number of outstanding shares.Data for Barrick Gold | ABX - Market Capitalization including historical, tables and charts were last updated by Trading Economics this last March in 2025.

Explore the dynamics of the gold market, including the factors affecting its price fluctuations and various investment options like ETFs and physical gold. Learn how geopolitical events and economic indicators influence gold as a safe-haven asset.

Turkey Gold Market: IGE: USD: Last Trade Day: Weighted Avg Price data was reported at 1,220.690 USD/oz in Jul 2018. This records a decrease from the previous number of 1,250.320 USD/oz for Jun 2018. Turkey Gold Market: IGE: USD: Last Trade Day: Weighted Avg Price data is updated monthly, averaging 634.710 USD/oz from Jul 1995 (Median) to Jul 2018, with 277 observations. The data reached an all-time high of 1,784.100 USD/oz in Feb 2012 and a record low of 0.000 USD/oz in Aug 2013. Turkey Gold Market: IGE: USD: Last Trade Day: Weighted Avg Price data remains active status in CEIC and is reported by Borsa Istanbul . The data is categorized under Global Database’s Turkey – Table TR.Z020: Istanbul Gold Exchange: Gold Market.

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.

As of December 2024, the London (morning fixing) price of an ounce of gold cost an average of 2,643.83 U.S. dollars, a slight decrease compared to the average monthly morning fixing price of 2,656.09 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 1,560.67 U.S. dollars. It increased to 1,935.04 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 271 U.S. dollars, and by 2012 the price had risen to some 1,670 U.S. dollars. By 2023, the annual average gold price was nearly 2,000 dollars per ounce. In that year, global gold demand reached 4,448.3 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). 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 in order 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.

Turkey Gold Market: IGE: USD: Last Trade Day: Transaction Amount data was reported at 895.648 kg in Jul 2018. This records an increase from the previous number of 660.671 kg for Jun 2018. Turkey Gold Market: IGE: USD: Last Trade Day: Transaction Amount data is updated monthly, averaging 767.000 kg from Jul 1995 (Median) to Jul 2018, with 277 observations. The data reached an all-time high of 7,150.000 kg in Sep 1998 and a record low of 0.000 kg in Aug 2013. Turkey Gold Market: IGE: USD: Last Trade Day: Transaction Amount data remains active status in CEIC and is reported by Borsa Istanbul . The data is categorized under Global Database’s Turkey – Table TR.Z020: Istanbul Gold Exchange: Gold Market.

Turkey Silver Market: IGE: TRY: Last Trade Day: Transaction Amount data was reported at 0.000 kg in Oct 2018. This records a decrease from the previous number of 211.144 kg for Sep 2018. Turkey Silver Market: IGE: TRY: Last Trade Day: Transaction Amount data is updated monthly, averaging 1,000.000 kg from Jul 1999 (Median) to Oct 2018, with 232 observations. The data reached an all-time high of 5,000.000 kg in Nov 2004 and a record low of 0.000 kg in Oct 2018. Turkey Silver Market: IGE: TRY: Last Trade Day: Transaction Amount data remains active status in CEIC and is reported by Borsa Istanbul . The data is categorized under Global Database’s Turkey – Table TR.Z021: Istanbul Gold Exchange: Silver Market.

Of the five largest gold mining companies, Russian miner Polyus saw the largest growth in its share price in recent years. Between January 2018 and May 2021, the share price of the Moscow-based company saw its share price increase by over 300 percent. While all of the the top five mining companies considered saw an increase in their share price over this period, the only other company to see its price more than double was AngloGold Ashanti.

Turkey Gold Market: IGE: Transaction Amount data was reported at 16,692.177 kg in Jul 2018. This records an increase from the previous number of 15,410.766 kg for Jun 2018. Turkey Gold Market: IGE: Transaction Amount data is updated monthly, averaging 21,108.000 kg from Jul 1995 (Median) to Jul 2018, with 277 observations. The data reached an all-time high of 79,113.000 kg in Sep 1998 and a record low of 2,138.000 kg in Jul 1995. Turkey Gold Market: IGE: Transaction Amount data remains active status in CEIC and is reported by Borsa Istanbul . The data is categorized under Global Database’s Turkey – Table TR.Z020: Istanbul Gold Exchange: Gold Market.

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