Interactive chart of historical data for 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.

In 2023, one troy ounce of gold had an annual average price of 1,943.08 U.S. dollars. Gold market and industry From 2012 to 2018, the annual average gold price dropped from 1,668.98 U.S. dollars per troy ounce to 1,268.49 U.S. dollars per troy ounce, with a slight growth to approximately 1,400 U.S. dollars per troy ounce in 2019. In 2020 the figure rebounded to a record 1,769.64 U.S. dollars per ounce. The average price has grown significantly from the early 2000s with an annual average price of 279 U.S. dollars per troy ounce in 2001 up to the record high in 2020. Similarly, the costs of mining gold have risen considerably in recent years. In 2005, mining costs totaled 280 U.S. dollars per troy ounce and increased to 566 U.S. dollars per troy ounce in 2010. As of 2022, for example, Canadian company Barrick Gold reported an average realized gold price of 1,795 dollars per ounce. 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.

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 dataset shows average price in domestic and foreign markets of gold and silver

Note: 1. The data source for this Table for the period till 1999-2000 are Bombay Bullion Association and Press Trust of India. For the period 2000-01 onwards, the data sources are (i) Business Standard/ Business Line and Economic Times, Mumbai/IBJA Website for gold and silver price in Mumbai and LBMA for gold price in London and (ii) Thomson Reuters for silver price in New York. 2. Data provided in this Table for the period 1979-80 to 1999-2000 and 2000-01 to 2020-21 may not be strictly comparable due to different sources of information.

Gold Reserves in China increased to 2292.31 Tonnes in the first quarter of 2025 from 2279.56 Tonnes in the fourth quarter of 2024. This dataset provides - China Gold Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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

Gold Reserves in the United States remained unchanged at 8133.46 Tonnes in the fourth quarter of 2024 from 8133.46 Tonnes in the third quarter of 2024. This dataset provides - United States Gold Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This statistic depicts the cost of gold production worldwide from 2000 to 2010. In 2010, it cost 981 U.S. dollars to produce one ounce of gold.

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.

Gold Reserves in Uruguay remained unchanged at 0.10 Tonnes in the third quarter of 2024 from 0.10 Tonnes in the second quarter of 2024. This dataset provides - Uruguay Gold Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Long term historical dataset of daily COMEX copper prices back to 1971. The price shown is in U.S. Dollars per pound.

Gold Reserves in Belgium remained unchanged at 227.40 Tonnes in the fourth quarter of 2024 from 227.40 Tonnes in the third quarter of 2024. This dataset provides - Belgium Gold Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gold Reserves in Germany decreased to 3351.28 Tonnes in the first quarter of 2025 from 3351.53 Tonnes in the fourth quarter of 2024. This dataset provides - Germany Gold Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

Historical daily soybean prices back to 1971. The price shown is in U.S. Dollars per bushel.

Gold Reserves in Haiti remained unchanged at 1.81 Tonnes in the second quarter of 2024 from 1.81 Tonnes in the first quarter of 2024. This dataset provides - Haiti Gold Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.

South Africa Export Price Index: incl Gold data was reported at 232.800 2000=100 in Jun 2009. This records a decrease from the previous number of 247.700 2000=100 for Mar 2009. South Africa Export Price Index: incl Gold data is updated quarterly, averaging 24.050 2000=100 from Mar 1960 (Median) to Jun 2009, with 198 observations. The data reached an all-time high of 247.700 2000=100 in Mar 2009 and a record low of 2.100 2000=100 in Mar 1963. South Africa Export Price Index: incl Gold data remains active status in CEIC and is reported by South African Reserve Bank. The data is categorized under Global Database’s South Africa – Table ZA.I048: Export and Import Price Index: 2000=100. Rebased from 2000=100 to 2005=100 Replacement series ID: 229300302

This statistic depicts the average monthly prices for gold worldwide from January 2014 through January 2025. In January 2025, the average monthly price for gold worldwide stood at 2,709.69 nominal U.S. dollars per troy ounce.

黄金价格指数：2000年=100在10-01-2009达455.2102000年=100，相较于09-01-2009的433.4902000年=100有所增长。黄金价格指数：2000年=100数据按月更新，07-01-2001至10-01-2009期间平均值为172.4602000年=100，共99份观测结果。该数据的历史最高值出现于10-01-2009，达455.2102000年=100，而历史最低值则出现于07-01-2001，为98.4002000年=100。CEIC提供的黄金价格指数：2000年=100数据处于定期更新的状态，数据来源于Tổng Cục Thống Kê，数据归类于全球数据库的越南 – 表VN.T029：表 VN.I029：黄金价格指数。