Gold fell to 4,110.63 USD/t.oz on October 24, 2025, down 0.38% from the previous day. Over the past month, Gold's price has risen 9.62%, and is up 49.61% 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 October of 2025.

The Gold Market Report is Segmented by Source (Primary Mining and Recycled Gold), Type (Alloyed Gold and Layered Gold), Application (Jewellery, Electronics, Awards and Status Symbols, and Other Applications (Dental, Aerospace, Etc. )), and Geography (Production and Consumption Analysis Across Major Regions). The Market Forecasts are Provided in Terms of Volume (tons).

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.

View market daily updates and historical trends for Gold Price in US Dollars (DISCONTINUED). from United States. Source: Gold Council. Track economic data…

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.

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.

Gold Bullion Market Outlook

According to our latest research, the global gold bullion market size reached USD 248.5 billion in 2024, and it is expected to grow at a CAGR of 4.7% during the forecast period, reaching approximately USD 373.4 billion by 2033. This healthy growth trajectory is primarily attributed to the increasing demand for safe-haven assets amid global economic uncertainties, rising geopolitical tensions, and a persistent appetite for portfolio diversification among both institutional and individual investors. The gold bullion market continues to benefit from its reputation as a reliable store of value, particularly during periods of inflation and currency depreciation, as per our comprehensive market analysis for 2025.

One of the most significant growth factors for the gold bullion market is the heightened volatility and uncertainty in global financial markets. Investors, both retail and institutional, are increasingly turning towards gold bullion as a hedge against inflation, currency fluctuations, and geopolitical risks. The persistent low-interest-rate environment, coupled with concerns over sovereign debt and fiscal imbalances in major economies, has further fueled the demand for physical gold. Central banks, especially in emerging markets, have been augmenting their gold reserves to diversify away from the US dollar and other fiat currencies, providing a strong and sustained impetus to the gold bullion market.

Another key driver propelling the gold bullion market is the growing accessibility and innovation in distribution channels. The proliferation of online platforms and digital gold investment products has democratized access to gold bullion, enabling a broader base of individual investors to participate in the market. This trend is further amplified by the introduction of fractional gold ownership, secure storage solutions, and transparent pricing mechanisms, which have collectively enhanced investor confidence and convenience. Additionally, the rise of gold-backed exchange-traded funds (ETFs) and other financial instruments has expanded the avenues for gold investment, reinforcing the market’s growth momentum.

Sustainability and ethical sourcing concerns are also shaping the gold bullion market landscape. Increasing awareness about responsible mining practices and the environmental and social impact of gold extraction has led to the emergence of certified, conflict-free bullion products. Regulatory initiatives and industry-led standards, such as the London Bullion Market Association (LBMA) Responsible Gold Guidance, are driving transparency and traceability across the supply chain. These developments are not only addressing investor concerns but also attracting a new segment of environmentally and socially conscious buyers, further supporting market expansion.

From a regional perspective, the Asia Pacific region remains the dominant force in the gold bullion market, driven by robust demand in countries like China and India, where gold holds deep cultural and economic significance. North America and Europe also represent substantial market shares, supported by strong institutional investment and central bank activity. Meanwhile, the Middle East & Africa and Latin America are emerging as important markets, buoyed by rising wealth levels, favorable regulatory environments, and increasing financial inclusion. The regional diversity in demand drivers underscores the global appeal and resilience of the gold bullion market.

Product Type Analysis

The gold bullion market is segmented by product type into bars, coins, rounds, and others, each catering to distinct investor preferences and use cases. Gold bars, often regarded as the standard investment vehicle for institutional buyers and high-net-worth individuals, account for the largest share of the market. Their appeal lies in their high purity, lower premiums over spot prices, and ease of storage and transport, making them the preferred choice for those seeking to make substantial investments in physical

Dataset Card for Sentiment Analysis of Commodity News (Gold)

This is a news dataset for the commodity market which has been manually annotated for 10,000+ news headlines across multiple dimensions into various classes. The dataset has been sampled from a period of 20+ years (2000-2021). The dataset was curated by Ankur Sinha and Tanmay Khandait and is detailed in their paper "Impact of News on the Commodity Market: Dataset and Results." It is currently published by the authors on… See the full description on the dataset page: https://huggingface.co/datasets/SaguaroCapital/sentiment-analysis-in-commodity-market-gold.

According to Cognitive Market Research, the Global Gold Bullion Market size was 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 asse...

View monthly updates and historical trends for Gold Price. from United Kingdom. Source: World Bank. Track economic data with YCharts analytics.

Gold Target Market Outlook

The global gold target market size was valued at approximately USD 2.5 trillion in 2023 and is projected to reach around USD 3.7 trillion by 2032, growing at a compound annual growth rate (CAGR) of 4.3% during the forecast period. This steady growth is driven by various factors including increasing geopolitical uncertainties, inflation hedging characteristics of gold, and rising demand across different applications. The intrinsic value and limited supply of gold continue to make it a safe haven investment in times of economic volatility, further solidifying its role in diverse portfolios worldwide.

One of the significant growth factors driving the gold target market is the persistent demand for gold as a hedge against inflation and currency devaluation. In the face of fluctuating global economies and the ongoing volatility in currency markets, investors often turn to gold as a means to preserve wealth. The metalÂ’s ability to maintain its value over time makes it an attractive asset, especially in regions experiencing high inflation rates. Moreover, central banks continue to increase their gold reserves as part of their monetary policy strategies, thereby fueling demand in this market segment.

Another crucial factor contributing to the growth of the gold market is the expanding middle class and rising disposable incomes, particularly in developing economies. As incomes rise, so does the demand for luxury items, including gold jewelry. Countries like India and China, which have deep-rooted cultural affinities with gold, are witnessing significant increases in gold consumption for both investment and ornamental purposes. This cultural significance, combined with economic growth, has positioned the Asia Pacific region as a major consumer of gold, bolstering the market's global expansion.

Technological advancements and innovations in gold mining and refining processes are also propelling market growth. Modern techniques and equipment have improved the efficiency of gold extraction and processing, reducing costs and increasing output. Additionally, the development of new financial products like gold-backed exchange-traded funds (ETFs) has made gold investments more accessible to a broader range of investors. The convenience and flexibility of these products have attracted both retail and institutional investors, further driving market demand.

The emergence of Edible Gold Beverage is an intriguing development in the gold market, blending luxury with culinary innovation. This unique product taps into the growing trend of gourmet experiences, where consumers seek novel and opulent ways to indulge. Edible gold, known for its non-toxic and inert properties, is increasingly being used to enhance beverages, offering a visually stunning and luxurious appeal. This trend is particularly popular in high-end restaurants and events, where presentation and exclusivity are paramount. The incorporation of gold into beverages not only elevates the sensory experience but also aligns with the cultural significance of gold as a symbol of wealth and celebration. As consumer preferences evolve towards unique and extravagant experiences, the Edible Gold Beverage market is poised for growth, attracting both connoisseurs and curious consumers alike.

Regionally, Asia Pacific dominates the gold target market, accounting for a significant share due to its large population, cultural affinity for gold, and increasing economic power. North America and Europe follow with substantial market contributions, driven by investment demand and industrial applications. The Middle East, with its strong cultural and economic ties to gold, also presents a lucrative market, while Latin America is emerging as a notable player due to its rich natural gold reserves and growing investments in mining infrastructure.

Product Type Analysis

The segmentation of the gold market by product type includes bullion, coins, jewelry, and exchange-traded funds (ETFs). Gold bullion, comprising bars and ingots, represents a significant portion of the market due to its traditional use as a store of value and its appeal to both retail and institutional investors. As a tangible asset, bullion is favored for its purity and weight, often considered the most direct way to hold gold. The demand for bullion remains robust amidst economic uncertainties, with investors seeking security against market fluctuations and geopolitical tensions.

Coins are

This document contains statistical data and analysis of global gold demand and prices from 2010 to 2024, presented by Dojipedia, a website focused on Forex investment information. The data is organized quarterly and includes various categories of gold demand such as jewelry fabrication, technology use, investment, and central bank purchases. It also provides the LBMA gold price in US dollars per ounce for each quarter.The document highlights significant events that influenced gold prices and demand during this period. These events include major economic crises, geopolitical tensions, and market shifts. For instance, it mentions the European debt crisis in 2010, the U.S. credit rating downgrade in 2011, the Federal Reserve's quantitative easing tapering signals in 2013, and the COVID-19 pandemic's impact starting in 2020.The data shows how gold demand and prices often increase during times of economic uncertainty or political instability, as investors view gold as a safe-haven asset. For example, gold prices reached record highs in 2024 amid global economic and geopolitical uncertainties.Dojipedia presents itself as a platform with five years of Forex market investment experience. The site offers free educational content on technical analysis methods such as Elliott Wave, ICT Trading, and Smart Money Concept. It also mentions plans to publish free books on technical analysis.The document includes a disclaimer stating that the information provided is for general purposes only and not financial advice. It warns about the high risks associated with investing in financial markets like CFDs, Forex, cryptocurrencies, and gold. The disclaimer emphasizes that leveraged products may not be suitable for all investors due to the high risk to capital.Overall, this document serves as a comprehensive resource for those interested in gold market trends and their relationship to global economic events over the past decade and a half.

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.

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.

In 2021, the Pakistani gold market decreased by -4.9% to $X for the first time since 2018, thus ending a two-year rising trend. In general, the total consumption indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +8.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +56.8% against 2016 indices. Gold consumption peaked at $X in 2020, and then declined modestly in the following year.

This dataset contains monthly gold prices from 1950-01 to 2020-07. Gold is a precious metal that has been used as a store of value and a medium of exchange for thousands of years, and is still widely traded in financial markets today. The gold price is influenced by a variety of factors, including global economic conditions, geopolitical events, and supply and demand dynamics.

The dataset includes a total of 847 data points, with each row representing the gold price for a particular month. The data was sourced from the World Gold Council and is in USD per troy ounce.

This dataset can be used for a variety of applications, including financial analysis, time series forecasting, and machine learning modeling. Potential use cases include predicting future gold prices based on historical trends, analyzing the relationship between gold prices and other economic indicators, and developing trading strategies for gold-related assets.

Data Source: World Gold Council

Gold prices in , September, 2025 For that commodity indicator, we provide data from January 1960 to September 2025. The average value during that period was 610.94 USD per troy ounce with a minimum of 34.94 USD per troy ounce in January 1970 and a maximum of 3667.68 USD per troy ounce in September 2025. | TheGlobalEconomy.com

The Gold Nanoparticles Market Report is Segmented by Synthesis Method (Chemical Reduction, Green/Biological Synthesis, and More), Application (Imaging, Targeted Drug Delivery, and More), End-User Industry (Electronics & Semiconductors, Healthcare & Life Sciences, and More), and Geography (Asia-Pacific, North America, Europe, South America, Middle East and Africa). The Market Forecasts are Provided in Terms of Value (USD).

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Gold Nanorods Market Size 2024-2028

The gold nanorods market size is forecast to increase by USD 218.1 million at a CAGR of 9.3% between 2023 and 2028.

The market is experiencing significant growth due to the increasing demand from the medical industry for cancer treatment applications. The trend toward advanced drug delivery is also driving market expansion. Gold nanorods' unique properties, such as their ability to absorb and scatter light, make them an ideal choice for various therapeutic and diagnostic applications. 
Furthermore, the use of gold nanorods in bioimaging and photothermal therapy is gaining popularity. However, the market growth is influenced by the fluctuations in gold prices, which can impact the affordability and profitability of gold nanorods. Despite this challenge, the market is expected to continue its upward trajectory due to the numerous benefits offered by gold nanorods in various industries, including healthcare, electronics manufacturing, and energy.

What will be the Size of the Gold Nanorods Market During the Forecast Period?

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The market encompasses the production and application of nanoscale gold particles In the form of rods, exhibiting unique optical and electronic properties. These nanorods find extensive use in various sectors, including healthcare, electronics, and energy, due to their exceptional physical and chemical properties. In healthcare, gold nanorods are utilized for biomedical applications such as targeted drug delivery, photodynamic therapy, biosensing, medical diagnostics, and imaging. Their high reactive surface area and tunable electron structure offer significant advantages In these areas. 
In electronics, gold nanorods contribute to the development of advanced technologies like electronic chips, printable inks, transistors, and semiconductors. Additionally, they exhibit anti-oxidant properties and can function as radiation enhancers, making them valuable in various diagnostic and therapeutic applications.
Gold nanorods' versatility and potential for innovation continue to drive growth in this market.

How is this Gold Nanorods Industry segmented and which is the largest segment?

The gold nanorods industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Application

  Medical
  Diagnostics
  Electronics
  Others


Geography

  North America

    Canada
    US


  Europe

    Germany
    UK


  APAC

    China


  Middle East and Africa



  South America

By Application Insights

The medical segment is estimated to witness significant growth during the forecast period.

Gold nanorods, a type of nanotechnology, have gained significant attention due to their unique optical and electronic properties. In the healthcare sector, they have been extensively used for various applications, including targeted drug delivery, photodynamic therapy, biosensing, and imaging. Gold nanorods' biocompatibility and non-cytotoxicity make them suitable for medical diagnostics and therapeutics. Their plasmonic effects enable photothermal therapy, which is effective in cancer cases. In electronics and energy sectors, gold nanorods are used in quantum computing, environmental monitoring, and energy harvesting, among others. Gold nanorods' surface modification with PEG, citrate, cysteine, biotin, or a gold-shell enhances their binding properties and applicability in DNA labelling and cancer therapy.

Gold nanorods' physical and chemical properties, including high reactive surface area, electron structure, and anti-oxidant properties, make them valuable in bio-synthesis, radiation enhancers, and tumor location. The synthesis methods, such as green methods, are crucial in maintaining the nanorods' shape and properties. Gold nanorods' applications extend to optoelectronics, photo imaging, and semiconductor industries, offering low cytotoxicity and ultra-light weight. Gold nanorods are also used in electronic devices, such as transistors, solar cells, and electronic connectors. In the environmental sector, gold nanorods are used for metal ions detection, including arsenic, mercury, lead, and copper. Gold nanorods' potential applications in nanowires, catalysis, and quantum computing further broaden their market scope.

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The Medical segment was valued at USD 137.80 million in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 41% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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.