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.

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.

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.

Dataset historical price data for XAU/USD (gold vs USD) from 2004 to Feb 2025, captured across multiple timeframes including 5-minute, 15-minute, 30-minute, 1-hour, 4-hour, daily, weekly, and monthly intervals. Dataset includes Open, High, Low, Close prices, and Volume data.

Index Time Series for ProShares Ultra Gold. The frequency of the observation is daily. Moving average series are also typically included. The fund seeks to meet its investment objective by investing, under normal market conditions, in any one of, or combinations of, Financial Instruments (including swap agreements, futures contracts, forward contracts and option contracts) based on the benchmark. The types and mix of Financial Instruments in which the fund invests may vary daily at the discretion of the Sponsor. It will not invest directly in any commodity.

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.

The average price of gold in Mumbai stood at approximately 60,623 Indian rupees per ten grams during the financial year 2024, up from 53,000 Indian rupees per ten grams in the previous year. Nevertheless, the price of gold in the Indian city has experienced an overall increase in recent years.

Index Time Series for Xtrackers IE Physical Gold ETC. The frequency of the observation is daily. Moving average series are also typically included. NA

Vietnam Gold Price Index: 2005=100 data was reported at 417.040 2005=100 in Aug 2013. This records an increase from the previous number of 415.710 2005=100 for Jul 2013. Vietnam Gold Price Index: 2005=100 data is updated monthly, averaging 306.700 2005=100 from May 2006 (Median) to Aug 2013, with 87 observations. The data reached an all-time high of 547.110 2005=100 in Sep 2011 and a record low of 137.400 2005=100 in Oct 2006. Vietnam Gold Price Index: 2005=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 2005=100 to 2009=100. Replacement series ID: 228445202

Turkey Gold Market: IGE: TRY: Last Trade Day: Weighted Avg Price data was reported at 203,170.000 TRY/kg in Nov 2018. This records a decrease from the previous number of 215,495.450 TRY/kg for Oct 2018. Turkey Gold Market: IGE: TRY: Last Trade Day: Weighted Avg Price data is updated monthly, averaging 18,645.000 TRY/kg from Jul 1995 (Median) to Nov 2018, with 281 observations. The data reached an all-time high of 253,798.980 TRY/kg in Aug 2018 and a record low of 0.000 TRY/kg in Aug 2013. Turkey Gold Market: IGE: TRY: Last Trade Day: Weighted Avg Price data remains active status in CEIC and is reported by Borsa Istanbul . The data is categorized under Global Database’s Turkey – Table TR.Z020: Istanbul Gold Exchange: Gold Market.

Index Time Series for Gold Bullion Securities Limited - Gold Bullion Securities. The frequency of the observation is daily. Moving average series are also typically included. NA

In 2021, the Czech gold market was finally on the rise to reach $X after three years of decline. In general, consumption, however, showed a noticeable downturn. Gold consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Index Time Series for L&G Gold Mining UCITS ETF. The frequency of the observation is daily. Moving average series are also typically included. NA

In 2021, the Latin American gold market decreased by -19.1% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption continues to indicate a perceptible descent. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Turkey Gold Market: IGE: USD: Last Trade Day: Close Price data was reported at 1,223.000 USD/oz in Jul 2018. This records a decrease from the previous number of 1,247.000 USD/oz for Jun 2018. Turkey Gold Market: IGE: USD: Last Trade Day: Close Price data is updated monthly, averaging 633.100 USD/oz from Jul 1995 (Median) to Jul 2018, with 277 observations. The data reached an all-time high of 1,779.000 USD/oz in Feb 2012 and a record low of 0.000 USD/oz in Aug 2013. Turkey Gold Market: IGE: USD: Last Trade Day: Close Price data remains active status in CEIC and is reported by Borsa Istanbul . The data is categorized under Global Database’s Turkey – Table TR.Z020: Istanbul Gold Exchange: Gold Market.

In 2021, the ECOWAS gold market increased by 2.3% to $X, rising for the second year in a row after three years of decline. In general, consumption, however, showed a deep slump. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

SCE: Commodity Price Change Expectation: 1 Year Ahead: Gold data was reported at 5.614 % in Apr 2025. This records an increase from the previous number of 5.211 % for Mar 2025. SCE: Commodity Price Change Expectation: 1 Year Ahead: Gold data is updated monthly, averaging 3.105 % from Jun 2013 (Median) to Apr 2025, with 143 observations. The data reached an all-time high of 5.614 % in Apr 2025 and a record low of 1.916 % in Aug 2013. SCE: Commodity Price Change Expectation: 1 Year Ahead: Gold data remains active status in CEIC and is reported by Federal Reserve Bank of New York. The data is categorized under Global Database’s United States – Table US.H080: Survey of Consumer Expectations: Commodity Price.

Vietnam Gold Price Index: Prev Dec=100: Hanoi data was reported at 99.070 Prev Dec=100 in Oct 2018. This records an increase from the previous number of 97.950 Prev Dec=100 for Sep 2018. Vietnam Gold Price Index: Prev Dec=100: Hanoi data is updated monthly, averaging 101.760 Prev Dec=100 from Aug 2008 (Median) to Oct 2018, with 122 observations. The data reached an all-time high of 166.560 Prev Dec=100 in Dec 2009 and a record low of 75.760 Prev Dec=100 in Dec 2013. Vietnam Gold Price Index: Prev Dec=100: Hanoi data remains active status in CEIC and is reported by Hanoi Statistical Office. The data is categorized under Global Database’s Vietnam – Table VN.I029: Gold Price Index.

The Peruvian gold market was finally on the rise to reach $X in 2021, after three years of decline. In general, consumption, however, recorded a abrupt decline. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

The Philippines exported approximately *** billion U.S. dollars worth of gold in 2023, indicating growth from the previous year. The value of gold exports fluctuated since 2013.