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.

As of December 2024, U.S. stocks had an average 10-year return rate of 13.1 percent, whereas gold had a return rate of 8.33 percent. Gold mining overview In light of recent technological advancements shaping the gold mining market, global gold production has been rather stable in the last few years, hovering around 3,000 metric tons since 2020. Among nations, Australia holds the highest gold production, surpassing countries with the highest mine gold reserves. Gold as a financial security Known for its ability to provide diversification to investment portfolios, gold has exhibited a positive trend in its Gold’s return rate was particularly high in the early 2000s, and, despite experiencing a decline during the pandemic, it demonstrated a remarkable recovery since. Furthermore, gold serves as a valuable asset for a nation's economic stability, with the United States holding the highest amount of

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.

China Gold: Consumption: Year to Date: Bullion data was reported at 210.600 Ton in Dec 2019. This records an increase from the previous number of 154.950 Ton for Sep 2019. China Gold: Consumption: Year to Date: Bullion data is updated quarterly, averaging 154.950 Ton from Dec 2012 (Median) to Dec 2019, with 29 observations. The data reached an all-time high of 375.730 Ton in Dec 2013 and a record low of 67.950 Ton in Mar 2014. China Gold: Consumption: Year to Date: Bullion data remains active status in CEIC and is reported by China Gold Association. The data is categorized under China Premium Database’s Metal and Steel Sector – Table CN.WAK: Gold Consumption.

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

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.

China Gold: Consumption: Year to Date: Gold Ornaments data was reported at 532.020 Ton in Dec 2024. This records an increase from the previous number of 400.038 Ton for Sep 2024. China Gold: Consumption: Year to Date: Gold Ornaments data is updated quarterly, averaging 412.290 Ton from Dec 2012 (Median) to Dec 2024, with 49 observations. The data reached an all-time high of 753.693 Ton in Dec 2015 and a record low of 92.040 Ton in Mar 2020. China Gold: Consumption: Year to Date: Gold Ornaments data remains active status in CEIC and is reported by China Gold Association. The data is categorized under China Premium Database’s Metal and Steel Sector – Table CN.WAK: Gold Consumption.

China Gold: Consumption: Year to Date data was reported at 985.310 Ton in Dec 2024. This records an increase from the previous number of 741.732 Ton for Sep 2024. China Gold: Consumption: Year to Date data is updated quarterly, averaging 706.338 Ton from Dec 2012 (Median) to Dec 2024, with 49 observations. The data reached an all-time high of 1,176.400 Ton in Dec 2013 and a record low of 148.630 Ton in Mar 2020. China Gold: Consumption: Year to Date data remains active status in CEIC and is reported by China Gold Association. The data is categorized under China Premium Database’s Metal and Steel Sector – Table CN.WAK: Gold Consumption. Since 2017, excluding export and gold financial investment needs.

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.

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.

Russia Polyus Gold: Year to Date: Interest Payable data was reported at -447,450.000 RUB th in Mar 2018. This records an increase from the previous number of -1,814,850.000 RUB th for Dec 2017. Russia Polyus Gold: Year to Date: Interest Payable data is updated quarterly, averaging -53,853.000 RUB th from Sep 2006 (Median) to Mar 2018, with 47 observations. The data reached an all-time high of 0.000 RUB th in Jun 2015 and a record low of -1,862,255.000 RUB th in Dec 2016. Russia Polyus Gold: Year to Date: Interest Payable data remains active status in CEIC and is reported by Company Financial Statement. The data is categorized under Russia Premium Database’s Mining and Quarrying Sector – Table RU.BAJ013: Company Financial Data: Precious Metals: Polyus Gold Mining Company.

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.

China Gold: Gross Industrial Output: YoY: Year to Date data was reported at -7.050 % in Dec 2017. This records a decrease from the previous number of 6.010 % for Aug 2015. China Gold: Gross Industrial Output: YoY: Year to Date data is updated monthly, averaging 23.810 % from Jan 2004 (Median) to Dec 2017, with 137 observations. The data reached an all-time high of 90.600 % in Jul 2008 and a record low of -13.170 % in May 2014. China Gold: Gross Industrial Output: YoY: Year to Date data remains active status in CEIC and is reported by China Gold Association. The data is categorized under China Premium Database’s Metal and Steel Sector – Table CN.WAJ: Gold Production: Gross Industrial Output.

Dataset of historical annual gold prices from 1970 to 2024, including significant events and acts that impacted gold prices.

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.

China Gold: Import: Year to Date: Through Hong Kong: Coin data was reported at 4.360 kg in Jan 2025. This records a decrease from the previous number of 2,206.932 kg for Dec 2024. China Gold: Import: Year to Date: Through Hong Kong: Coin data is updated monthly, averaging 1,352.771 kg from Dec 2006 (Median) to Jan 2025, with 205 observations. The data reached an all-time high of 6,624.015 kg in Dec 2018 and a record low of 0.062 kg in Jun 2015. China Gold: Import: Year to Date: Through Hong Kong: Coin data remains active status in CEIC and is reported by Hong Kong Census and Statistics Department. The data is categorized under China Premium Database’s Metal and Steel Sector – Table CN.WAS: Gold Import: Through Hong Kong SAR (China).

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.

This dataset provides predicted prices, return on investment (ROI), and sentiment analysis for Tether Gold over a series of dates. The dataset includes predictions for Tether Gold's price, with low, average, and high values, as well as ROI figures for each predicted date. This data helps users forecast market trends for Tether Gold and make informed trading decisions.

During the last quarter of 2024, the gold prices in the USA reached 2652 USD/Troy Ounce (H2 2024 Avg Price) in December. As per the gold price chart, due to changing investor attitudes and economic developments, prices in the United States experienced substantial fluctuations in late 2024.

Explore IMARC’s newly published report, titled “Gold Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” offers an in-depth analysis of gold pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

Gold Mining: Year to Date: ow Sverdlovsk Region data was reported at 586.170 kg in Feb 2022. This records an increase from the previous number of 324.410 kg for Jan 2022. Gold Mining: Year to Date: ow Sverdlovsk Region data is updated monthly, averaging 3,109.000 kg from Apr 2010 (Median) to Feb 2022, with 135 observations. The data reached an all-time high of 8,266.000 kg in Dec 2010 and a record low of 252.570 kg in Jan 2020. Gold Mining: Year to Date: ow Sverdlovsk Region data remains active status in CEIC and is reported by Ministry of Finance of the Russian Federation. The data is categorized under Russia Premium Database’s Mining and Quarrying Sector – Table RU.BAF007: Mining and Quarrying Volume: Gold.