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.

The price of gold per troy ounce increased considerably between 1990 and 2024, despite some fluctuations. A troy ounce is the international common unit of weight used for precious metals and is approximately 31.3 grams. At the end of 2024, a troy ounce of gold cost 2,386.2 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 274.5 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 that time and time again, 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 Jewelry Market size was valued at USD 192,500.00 Million in 2023 and is projected to reach USD 344,856.21 Million by 2031, growing at a CAGR of 7.69% from 2024 to 2031.

Global Gold Jewelry Market Overview

The Global Gold Jewelry Market is significantly driven as disposable incomes rise in emerging markets, particularly in countries like India and China, more consumers have the financial means to purchase luxury items, including gold jewelry. Economic growth in these regions, accompanied by urbanization and an expanding middle class, allows consumers to indulge in higher-end products. Gold, in these markets, is seen not just as an accessory but as a symbol of wealth and social status. Additionally, gold’s reputation as a secure investment option especially in times of economic uncertainty encourages consumers to buy gold jewelry as a form of financial protection.

Between January 1971 and March 2024, gold had average annual returns of 7.98 percent, which was only slightly behind the return of commodities, with an annual average of eight percent. The annual average return of gold in 2023 was 13.1 percent. 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 124 million ounces, and it is anticipated that the rate of growth will increase as exploration technologies improve, gold prices rise, and mining practices improve.

Gold is the most popular precious metal in the investment industry. The rate of return for gold investments fluctuated significantly during the period from 2002 to 2024 but generated positive returns in most years of the observed period. The return of gold as an investment reached almost 27 percent in 2024, one of the highest recorded. Why is gold valuable? Gold is a precious metal with a number of practical uses, particularly in technology. For example, NASA uses gold to improve its lasers and protect sensitive things in space, including a part of the visor for its astronauts. However, a large share of the demand for gold worldwide is as an investment, particularly by central banks. Gold serves the purpose of an alternative to currency because it is relatively scarce but still has enough mine production to serve the financial sector. Gold as an investment Under the Bretton Woods agreement after World War II, the world’s major currencies were tied to the value of gold. This system, called the Gold Standard, ended in 1971. Still, most countries maintain significant gold reserves. Due to this history and the overall faith in the value of gold, the average gold price tends to increase in times of recession, making it an attractive investment in uncertain times.

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 ...

The Sri Lankan gold market was finally on the rise to reach $X in 2021, after three years of decline. Over the period under review, consumption saw a noticeable increase. Gold consumption peaked at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

About this dataset

Context

The dataset illustrates the median household income in Gold Beach, spanning the years from 2010 to 2021, with all figures adjusted to 2022 inflation-adjusted dollars. Based on the latest 2017-2021 5-Year Estimates from the American Community Survey, it displays how income varied over the last decade. The dataset can be utilized to gain insights into median household income trends and explore income variations.

Key observations:

From 2010 to 2021, the median household income for Gold Beach decreased by $19,879 (29.13%), as per the American Community Survey estimates. In comparison, median household income for the United States increased by $4,559 (6.51%) between 2010 and 2021.

Analyzing the trend in median household income between the years 2010 and 2021, spanning 11 annual cycles, we observed that median household income, when adjusted for 2022 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS), experienced growth year by year for 4 years and declined for 7 years.

https://i.neilsberg.com/ch/gold-beach-or-median-household-income-trend.jpeg" alt="Gold Beach, OR median household income trend (2010-2021, in 2022 inflation-adjusted dollars)">

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2022-inflation-adjusted dollars.

Years for which data is available:

• 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021

Variables / Data Columns

• Year: This column presents the data year from 2010 to 2021
• Median Household Income: Median household income, in 2022 inflation-adjusted dollars for the specific year
• YOY Change($): Change in median household income between the current and the previous year, in 2022 inflation-adjusted dollars
• YOY Change(%): Percent change in median household income between current and the previous year

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Gold Beach median household income. You can refer the same here

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.

Explore the Jewelry And Watch Stores Market trends! Covers key players, growth rate 4.7% CAGR, market size $229.62 Billion, and forecasts to 2034. Get insights now!

Ten years of daily data for the Dow Jones Industrial Average (DJIA) market index. Each point of the dataset is represented by the daily closing price for the DJIA. Historical data can be downloaded via the red button on the upper right corner of the chart.

About This Dataset: Copper Prices and Market Trends

    This dataset provides **insights into copper prices**, including current rates, historical trends, and key factors affecting price fluctuations. Copper is essential in **construction**, **electronics**, and **transportation** industries. Investors, traders, and analysts use accurate copper price data to guide decisions related to **trading**, **futures**, and **commodity investments**.

    ### **Key Features of the Dataset**

    #### **Live Market Data and Updates**
    Stay updated with the latest **copper price per pound** in USD. This data is sourced from exchanges like the **London Metal Exchange (LME)** and **COMEX**. Price fluctuations result from **global supply-demand shifts**, currency changes, and geopolitical factors.

    #### **Interactive Copper Price Charts**
    Explore **dynamic charts** showcasing real-time and historical price movements. These compare copper with **gold**, **silver**, and **aluminium**, offering insights into **market trends** and inter-metal correlations.

    ### **Factors Driving Copper Prices**

    #### **1. Supply and Demand Dynamics**
    Global copper supply is driven by mining activities in regions like **Peru**, **China**, and the **United States**. Disruptions in production or policy changes can cause **supply shocks**. On the demand side, **industrial growth** in countries like **India** and **China** sustains demand for copper.

    #### **2. Economic and Industry Trends**
    Copper prices often reflect **economic trends**. The push for **renewable energy** and **electric vehicles** has boosted long-term demand. Conversely, economic downturns and **inflation** can reduce demand, lowering prices.

    #### **3. Impact of Currency and Trade Policies**
    As a globally traded commodity, copper prices are influenced by **currency fluctuations** and **tariff policies**. A strong **US dollar** typically suppresses copper prices by increasing costs for international buyers. Trade tensions can also disrupt **commodity markets**.

    ### **Applications and Benefits**

    This dataset supports **commodity investors**, **traders**, and **industry professionals**:

    - **Investors** forecast price trends and manage **investment risks**. 
    - **Analysts** perform **market research** using price data to assess **copper futures**. 
    - **Manufacturers** optimize supply chains and **cost forecasts**.

    Explore more about copper investments on **Money Metals**:

    - [**Buy Copper Products**](https://www.moneymetals.com/buy/copper) 
    - [**95% Copper Pennies (Pre-1983)**](https://www.moneymetals.com/pre-1983-95-percent-copper-pennies/4) 
    - [**Copper Buffalo Rounds**](https://www.moneymetals.com/copper-buffalo-round-1-avdp-oz-999-pure-copper/297)

    ### **Copper Price Comparisons with Other Metals**

    Copper prices often correlate with those of **industrial** and **precious metals**:

    - **Gold** and **silver** are sensitive to **inflation** and currency shifts. 
    - **Iron ore** and **aluminium** reflect changes in **global demand** within construction and manufacturing sectors.

    These correlations help traders develop **hedging strategies** and **investment models**.

    ### **Data Variables and Availability**

    Key metrics include:

    - **Copper Price Per Pound:** The current market price in USD. 
    - **Copper Futures Price:** Data from **COMEX** futures contracts. 
    - **Historical Price Trends:** Long-term movements, updated regularly. 

    Data is available in **CSV** and **JSON** formats, enabling integration with analytical tools and platforms.

    ### **Conclusion**

    Copper price data is crucial for **monitoring global commodity markets**. From **mining** to **investment strategies**, copper impacts industries worldwide. Reliable data supports **risk management**, **planning**, and **economic forecasting**.

    For more tools and data, visit the **Money Metals** [Copper Prices Page](https://www.moneymetals.com/copper-prices).

Historical dataset of real (inflation-adjusted) silver 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.

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 Zimbabwean Gold USDZiG increased 0.0079 or 0.03% to 26.7279 on Tuesday March 25 from 26.7200 in the previous trading session. Zimbabwean Gold Currency Exchange Rate USDZiG - values, historical data, forecasts and news - updated on March of 2025.

During the period observed, the amount of gold holdings held by Russia increased from 1,112.5 metric tons in October 2014 to 2,329.6 metric tons as of January 2023. Russia had the fourth-largest holdings of gold in Europe in 2021.

The Kenyan gold market soared to $X in 2021, increasing by 47% against the previous year. In general, consumption, however, saw a slight downturn. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Copper increased 1.13 USd/LB or 28.38% since the beginning of 2025, 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 March of 2025.

Jewellery and watches aren't essential, so sales depend on people's confidence in the economy and how much they have to spend. Uncertainty surrounding near-term economic prospects has weighed on sales, and price-sensitive consumers have reduced their spending on luxury goods. More affluent shoppers have sustained sales, as they are less susceptible to economic conditions. High inflation and economic uncertainty during 2023-24 have constrained spending on luxury items. In response, retailers have focused on international growth opportunities. However, improving economic conditions in 2024-25 have boosted the market. Shoppers are feeling more confident about spending, thanks to easing inflation pressures and better financial stability. Retailers can take advantage by offering exclusive product launches, personalised customer service or loyalty rewards. These steps help attract new shoppers and keep current customers coming back. Moreover, an increased focus on sustainability, driven by rising environmental consciousness, is transforming the industry. Key players like Pandora have adopted recycled materials and lab-grown diamonds, appealing to eco-conscious consumers. As macroeconomic conditions improve in 2024-25, the UK market is poised for renewed sales. Over the five years through 2024-25, revenue is expected to grow at a compound annual rate of 1.5% to £7.8 billion, with revenue expected to grow by 0.4% in 2024-25. The operating profit margin is anticipated to recover to 6% in 2024-25. Revenue is expected to climb at a compound annual rate of 0.7% over the five years through 2029-30 to £8.1 billion. Economic conditions are expected to stabilise in the coming years, supporting renewed spending growth and increasing demand for mid-range products. The future outlook for the UK Jewellery and Watch Stores industry will be shaped by growing online shopping trends and the perception of luxury watches as investment assets. Companies like Watches of Switzerland will enhance digital platforms to replicate in-store experiences. While demand for high-end brands remains strong, the industry faces authenticity challenges due to counterfeit crises from cheaper replicas and rising gold prices will create obstacles for many businesses in the industry.

Long term dataset showing the 30 year fixed rate mortgage average in the United States since 1971.