In 2024, one troy ounce of gold had an annual average price of ******** U.S. dollars. 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.

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

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.

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

Silver fell to 39.18 USD/t.oz on July 23, 2025, down 0.31% from the previous day. Over the past month, Silver's price has risen 9.07%, and is up 35.61% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Silver - values, historical data, forecasts and news - updated on July of 2025.

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.

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

Aluminum fell to 2,649.55 USD/T on July 23, 2025, down 0.29% from the previous day. Over the past month, Aluminum's price has risen 2.86%, and is up 15.17% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Aluminum - values, historical data, forecasts and news - updated on July of 2025.

China Retail Price Index: Gold, Silver and Jewellery data was reported at 101.800 Prev Year=100 in 2022. This records an increase from the previous number of 99.500 Prev Year=100 for 2021. China Retail Price Index: Gold, Silver and Jewellery data is updated yearly, averaging 100.999 Prev Year=100 from Dec 1994 (Median) to 2022, with 29 observations. The data reached an all-time high of 119.654 Prev Year=100 in 2006 and a record low of 90.700 Prev Year=100 in 2001. China Retail Price Index: Gold, Silver and Jewellery data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Inflation – Table CN.IB: Retail Price Index: Annual.

Rhodium traded flat at 5,900 USD/t oz. on July 23, 2025. Over the past month, Rhodium's price has risen 8.76%, and is up 26.88% 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 July of 2025.

Time series of major commodity prices and indices including iron, cooper, wheat, gold, oil. Data comes from the International Monetary Fund (IMF).

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Data

Dataset contains Monthly prices for 53 commodities and 10 indexes, starting from 1980 to 2016, Last updated on march 17, 2016. The reference year for indexes are 2005 (meaning the value of indexes are 100 and all other values are relative to that year).

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Rhodium price data, historical values, forecasts, and news provided by Money Metals Exchange. Rhodium prices and trends updated regularly to provide accurate market insights.

Iron Ore rose to 97.84 USD/T on July 21, 2025, up 0.64% from the previous day. Over the past month, Iron Ore's price has risen 3.26%, but it is still 9.54% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Iron Ore - values, historical data, forecasts and news - updated on July of 2025.

During the last quarter of 2024, the silver prices in the USA reached 31.3 USD/toz (H2 2024 Avg Price) in December. As per the silver price chart, prices surged during the latter half of 2024, largely influenced by the Federal Reserve’s interest rate cuts, which diminished the dollar. This shift made silver an attractive investment, particularly as a lower-cost alternative to gold.

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

Retail Price Index: Fujian: Gold, Silver & Jewellery data was reported at 101.900 Prev Year=100 in 2022. This records an increase from the previous number of 98.200 Prev Year=100 for 2021. Retail Price Index: Fujian: Gold, Silver & Jewellery data is updated yearly, averaging 100.500 Prev Year=100 from Dec 1994 (Median) to 2022, with 29 observations. The data reached an all-time high of 119.200 Prev Year=100 in 2020 and a record low of 91.200 Prev Year=100 in 1998. Retail Price Index: Fujian: Gold, Silver & Jewellery data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Inflation – Table CN.IB: Retail Price Index: Fujian.

Retail Price Index: Tibet: Gold, Silver & Jewellery data was reported at 101.900 Prev Year=100 in 2022. This records an increase from the previous number of 98.100 Prev Year=100 for 2021. Retail Price Index: Tibet: Gold, Silver & Jewellery data is updated yearly, averaging 100.346 Prev Year=100 from Dec 1999 (Median) to 2022, with 24 observations. The data reached an all-time high of 116.000 Prev Year=100 in 2020 and a record low of 92.600 Prev Year=100 in 2000. Retail Price Index: Tibet: Gold, Silver & Jewellery data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Inflation – Table CN.IB: Retail Price Index: Tibet.

In 2024, gold for jewelry fabrication accounted for ******* metric tons of the overall gold demand worldwide. Global gold demand for central banks that year amounted to about half that amount, at ***** metric tons. Gold demand worldwide Global gold demand for jewelry amounted to a decade-low volume of ***** metric tons in 2020. It increased in subsequent years to over ***** metric tons annually, which is within the average range of gold demand for jewelry that was witnessed during the past decade. That accounted for a ** percent share of the global gold demand. Jewelry fabrication was the largest demand sector for gold worldwide in each year over the past decade except for 2020, when gold demand for investments was the largest. China, the world's leading gold consuming nation, consumed ******* metric tons in 2022. Following typical global patterns, Chinese gold consumption was primarily for jewelry, consuming ****** metric tons of the country’s total gold consumption in 2022. Gold market factors The average price of gold has risen significantly over the last decades. In 1984, the price of gold was at ****** U.S. dollars per troy ounce and reached a record ******** U.S. dollars per troy ounce in 2024. About ***** metric tons of gold was produced in mines globally in 2024. China produced the majority of the global share of gold, mining *** metric tons in 2024. As China becomes a larger player in the gold industry, the gold market has started to shift eastwards as the regions there become more influential. Due to this movement, the strength of the U.S. dollar has also become less important in the fluctuations in gold prices. The United States nevertheless still holds the world’s largest reserves of gold, totaling ******** metric tons in 2024.

Vietnam Gold Price Index: 2005=100: HCMC data was reported at 267.770 2005=100 in Oct 2009. This records an increase from the previous number of 254.950 2005=100 for Sep 2009. Vietnam Gold Price Index: 2005=100: HCMC data is updated monthly, averaging 197.810 2005=100 from May 2006 (Median) to Oct 2009, with 41 observations. The data reached an all-time high of 267.770 2005=100 in Oct 2009 and a record low of 139.380 2005=100 in Oct 2006. Vietnam Gold Price Index: 2005=100: HCMC data remains active status in CEIC and is reported by Ho Chi Minh City Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.T029:Table VN.I029: Gold Price Index. Rebased from 2005=100 to 2009=100. Replacement series ID: 261395401

Context

Content

Ticker Description 0 GC=F Gold 1 SI=F Silver 2 CL=F Crude Oil 3 ^GSPC S&P500 4 PL=F Platinum 5 HG=F Copper 6 DX=F Dollar Index 7 ^VIX Volatility Index 8 EEM MSCI EM ETF 9 EURUSD=X Euro USD 10 ^N100 Euronext100 11 ^IXIC Nasdaq 12 ^BSESN Bse sensex 13 ^NSEI Nifty 50 14 ^DJI Dow

Vietnam Gold Price Index: 1995=100 data was reported at 92.700 1995=100 in Jun 2001. This records an increase from the previous number of 91.900 1995=100 for May 2001. Vietnam Gold Price Index: 1995=100 data is updated monthly, averaging 94.350 1995=100 from Jan 1998 (Median) to Jun 2001, with 42 observations. The data reached an all-time high of 96.100 1995=100 in Mar 2000 and a record low of 86.800 1995=100 in Sep 1999. Vietnam Gold Price Index: 1995=100 data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.T029:Table VN.I029: Gold Price Index. Rebased from 1995p to 2000p. Replacement Series ID: 44230601.