Gold rose to 3,682.50 USD/t.oz on September 19, 2025, up 1.06% from the previous day. Over the past month, Gold's price has risen 10.09%, and is up 40.47% 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 September of 2025.

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.

The average monthly prices for gold increased worldwide between January 2014 and May 2025, although with some fluctuations. In January 2014, the average monthly price for gold worldwide stood at ******** nominal U.S. dollars per troy ounce. Significant jumps in the gold prices were observed, especially in the periods of uncertainty, as the investors tend to see gold as a safe investment option. For instance, the Corona pandemic acted as a shock to the economy, resulting in substantial increases in gold prices in 2020. As of May 2025, gold valued at ******** U.S. dollars per ounce, the highest value reported during this period.

Gold prices in , August, 2025 For that commodity indicator, we provide data from January 1960 to August 2025. The average value during that period was 607.06 USD per troy ounce with a minimum of 34.94 USD per troy ounce in January 1970 and a maximum of 3368.03 USD per troy ounce in August 2025. | TheGlobalEconomy.com

In 2021, the global gold market decreased by -7.3% to $X for the first time since 2018, thus ending a two-year rising trend. The market value increased at an average annual rate of +3.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the global market reached the maximum level at $X in 2020, and then shrank in the following 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.

Silver rose to 43.06 USD/t.oz on September 19, 2025, up 2.95% from the previous day. Over the past month, Silver's price has risen 13.57%, and is up 38.11% 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 September of 2025.

As of June 25, 2024, gold futures contracts to be settled in June 2030 were trading on U.S. markets at around ***** U.S. dollars per troy ounce. This is above the price of ******* U.S. dollars per troy ounce for contracts to be settled in June 2025, 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.

After three years of decline, the Indian gold market increased by 162% to $X in 2021. In general, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

A dataset comparing the value of $1000 invested in gold over the past 10 years.

In 2021, the Myanmar's gold market decreased by -48.3% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption saw a abrupt slump. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

The Kuwaiti gold market soared to $X in 2021, jumping by 142% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed prominent growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

The London Bullion Market Association (LBMA) price of gold reached almost ***** U.S. dollars per ounce in the second quarter (Q2) of 2025. That was an increase of nearly ***** U.S. dollars in comparison to the LBMA gold price in Q4 2022.

Gold Bullion Market Outlook 2032

The global gold bullion market size was USD 50 Billion in 2023 and is likely to reach USD 133 Billion by 2032, expanding at a CAGR of 10.6% during 2024–2032. The market growth is attributed to the relative stability of gold investments.



Increasing economic uncertainties and geopolitical tensions are fueling the market. Investors are turning to gold as an asset, due to its inherent value and stability. The growing interest of central banks are leading them to expand their gold reserves. This allows them to diversify their holdings and reduce their dependence on the US dollar.

The growing popularity of gold-backed exchange-traded funds (ETFs) is propelling the market. These investments provide investors with exposure to the price movements of gold without the need to physically store the precious metal. The convenience and ease of investing in gold ETFs are attracting a new generation of investors, spurring the market.

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  According to a January 2024 report published by the World Gold Council, the total value of global gold ETFs rose by 6% to USD 2.4 Billion. This rise was due to a 15% hike in gold prices during 2023.

  
  

Impact of Artificial Intelligence (AI) in Gold Bullion Market

The use of artificial intelligence (AI) is likely to provide substantial propulsion to the gold bullion market. It is enhancing the efficiency and accuracy of gold trading with algorithms. These algorithms rapidly analyze vast amounts of data to make real-time trading decisions. This leads to increasingly profitable trades and reduces the risk of human error.


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The Canadian gold market totaled $X in 2021, rising by 6.8% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. Gold consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

New Gold reported $6.22B in Market Capitalization this September of 2025, considering the latest stock price and the number of outstanding shares.Data for New Gold | NGD - Market Capitalization including historical, tables and charts were last updated by Trading Economics this last September in 2025.

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.

Limited Liquidity in Large Transactions

While gold is generally considered a liquid ...

Rhodium traded flat at 7,025 USD/t oz. on September 19, 2025. Over the past month, Rhodium's price has fallen 7.26%, but it is still 47.89% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Rhodium - values, historical data, forecasts and news - updated on September of 2025.

Copper rose to 4.57 USD/Lbs on September 19, 2025, up 0.85% from the previous day. Over the past month, Copper's price has risen 3.39%, and is up 7.14% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Copper - values, historical data, forecasts and news - updated on September of 2025.

Coffee fell to 365.47 USd/Lbs on September 19, 2025, down 4.04% from the previous day. Over the past month, Coffee's price has risen 1.45%, and is up 44.91% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Coffee - values, historical data, forecasts and news - updated on September of 2025.