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.

Monthly gold prices in USD since 1833 (sourced from the World Gold Council). The data is derived from historical records compiled by Timothy Green and supplemented by data provided by the World Bank...

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

Between 1901 and 1916 gold ore from Mount Grainger Goldfield, 10 km north of Oodla Wirra, was treated by battery amalgamation and cyanidation at the Mount Grainger Mine. Tailings and slimes from this ore processing period still remain on site,... Between 1901 and 1916 gold ore from Mount Grainger Goldfield, 10 km north of Oodla Wirra, was treated by battery amalgamation and cyanidation at the Mount Grainger Mine. Tailings and slimes from this ore processing period still remain on site, and were investigated to determine if they could be profitably reworked in the present climate of high gold price and access to more refined gold extraction techniques. On Mining Lease 4830 an indicated 1900 tonnes of tailings, previously incompletely cyanided, containing 0.87 g/t gold, plus 370 tonnes of untreated, ex-battery slimes containing 3.54 g/t gold are seen as suitable for modern cyanidation. Processing tests performed on samples taken from the spoil areas show that economic, gold extraction yields of 46% (760 g) and 90% (1180 g) respectively for tailings and slimes may be obtainable.