Gold rose to 4,366.65 USD/t.oz on October 20, 2025, up 2.74% from the previous day. Over the past month, Gold's price has risen 16.53%, and is up 60.46% 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.

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

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 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.

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

This statistic depicts the average annual prices for gold from 2014 to 2024 with a forecast until 2026. In 2024, the average price for gold stood at 2,388 U.S. dollars per troy ounce, the highest value recorded throughout the period considered. In 2026, the average gold price is expected to increase, reaching 3,200 U.S. dollars per troy ounce.

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

View yearly updates and historical trends for Gold Price in US Dollars. from United States. Source: Gold Council. Track economic data with YCharts analyti…

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

The dataset contains year- and month-wise compiled data on the average prices of Gold (Standard) and Silver at Mumbai in India

Note: Standard Gold means Gold having fineness 995 parts per thousand (%) and above

Silver rose to 52.44 USD/t.oz on October 20, 2025, up 0.97% from the previous day. Over the past month, Silver's price has risen 19.03%, and is up 54.97% 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 October of 2025.

As of 31 May 2025, MSCI U.S. had an average **-year return rate of ***** percent, whereas gold had a return rate of ***** 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 ***** 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

View market daily updates and historical trends for Gold Price in Australian Dollar (DISCONTINUED). Source: Gold Council. Track economic data with YCharts…

View market daily updates and historical trends for Gold Price in Canadian Dollar (DISCONTINUED). from Canada. Source: Gold Council. Track economic data w…

Rhodium rose to 8,300 USD/t oz. on October 17, 2025, up 5.73% from the previous day. Over the past month, Rhodium's price has risen 18.15%, and is up 73.82% compared to the same time last year, 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 October of 2025.

Between January 1971 and May 2025, gold had average annual returns of **** percent, which was only slightly more than the return of commodities, with an annual average of around eight percent. The annual return of gold was over ** percent in 2024. 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 *** million ounces, and it is anticipated that the rate of growth will increase as exploration technologies improve, gold prices rise, and mining practices improve.

Bullion Price: Monthly Average: Mumbai: Gold: Standard data was reported at 84,995.000 INR/10 g in Feb 2025. This records an increase from the previous number of 79,079.000 INR/10 g for Jan 2025. Bullion Price: Monthly Average: Mumbai: Gold: Standard data is updated monthly, averaging 9,691.000 INR/10 g from Apr 1990 (Median) to Feb 2025, with 419 observations. The data reached an all-time high of 84,995.000 INR/10 g in Feb 2025 and a record low of 3,285.000 INR/10 g in Jul 1990. Bullion Price: Monthly Average: Mumbai: Gold: Standard data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under Global Database’s India – Table IN.PG002: Memo Items: Bullion Price.

Gold and silver prices increased over the course of 2021, but these did not grow as fast as the prices of iridium and, especially, rhodium. According to a comparison of price indices, the price for rhodium - a precious metal similar to platinum and used especially in catalytic converters of cars - was ten times higher in April 2021 than it was in January 2019. The price hike for rhodium was apparently caused by coronavirus-related lockdowns implemented in South Africa, where mining companies had to close for several weeks.

Turkey Investment Yield: Gold: Real:(CPI) Consumer Price IndexBased: 12 Month data was reported at 15.260 % pa in Jun 2018. This records a decrease from the previous number of 16.110 % pa for May 2018. Turkey Investment Yield: Gold: Real:(CPI) Consumer Price IndexBased: 12 Month data is updated monthly, averaging 2.375 % pa from Jan 1997 (Median) to Jun 2018, with 258 observations. The data reached an all-time high of 58.040 % pa in Sep 2011 and a record low of -26.000 % pa in Jul 2003. Turkey Investment Yield: Gold: Real:(CPI) Consumer Price IndexBased: 12 Month data remains active status in CEIC and is reported by Turkish Statistical Institute. The data is categorized under Global Database’s Turkey – Table TR.Z022: Yield on Financial Investments.

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 ** percent in 2024, one of the highest recorded. Why is gold valuable? Gold is a precious metal with several 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.