Gold fell to 3,949.99 USD/t.oz on October 7, 2025, down 0.32% from the previous day. Over the past month, Gold's price has risen 8.64%, and is up 50.65% 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.

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.

Among the five largest gold mining companies, Goldfields — headquartered in Johannesburg, South Africa-saw the largest growth in its share price recently. As of June 2025, the company had reached ****** index points. While all the top five mining companies experienced significant increase in their share prices over this period despite some fluctuations, Barrick Mining Corporation had the least increase when compared to others, with an index point of ******.

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.

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.

Gold prices reached a record high of $3,193.80, driving significant gains in mining stocks as investors turned to safe-haven assets amid market volatility.

This dataset contains the predicted prices of the asset SPDR Gold Shares Defichain over the next 16 years. This data is calculated initially using a default 5 percent annual growth rate, and after page load, it features a sliding scale component where the user can then further adjust the growth rate to their own positive or negative projections. The maximum positive adjustable growth rate is 100 percent, and the minimum adjustable growth rate is -100 percent.

This dataset contains the predicted prices of SPDR Gold Shares Defichain for the upcoming years based on user-defined projections.

According to Cognitive Market Research, The Global Gold Mining market size is USD 202515.2 million in 2023 and will expand at a compound annual growth rate (CAGR) of 3.80% from 2023 to 2030.

The demand for Gold Mining is rising due to the technological advancements in exploration and extraction and rising demand for gold in various industries.
Demand for Hardrock (LODE) mining remains higher in the Gold Mining market.
The Investment category held the highest Gold Mining market revenue share in 2023.
North American Gold Mining will continue to lead, whereas the Asia Pacific Gold Mining market will experience the most substantial growth until 2030.

How did COVID–19 impact the Gold Mining market?

The COVID-19 pandemic had a multifaceted impact on the Gold Mining market. Initially, the global economic uncertainty and financial market volatility triggered a surge in demand for gold as a safe-haven asset, driving up gold prices. However, the pandemic also disrupted mining operations worldwide due to lockdowns, supply chain interruptions, and workforce limitations. The implementation of social distancing measures and health protocols led to operational slowdowns and, in some cases, temporary halts in gold mining activities. Additionally, travel restrictions hindered exploration and development projects. Despite these challenges, the resilience of gold as a safe investment during uncertain times sustained market interest.

MARKET DYNAMICS: KEY DRIVERS

Global Economic Conditions and Gold Prices to Provide Viable Market Output

The Gold Mining market is significantly influenced by global economic conditions and the prevailing prices of gold. Economic uncertainties, geopolitical tensions, and inflation concerns often drive investors towards gold as a safe-haven asset. Consequently, higher demand for gold results in increased exploration, production, and investment in the gold mining sector. Fluctuations in gold prices directly impact the profitability of gold mining operations, influencing production decisions and exploration activities.

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.

Growing population with high income and demand for gold jewellery to propel market growth

Technological Advancements in Exploration to Propel Market Growth

One key driver in the Gold Mining market is the continuous advancement of technology in exploration methods. Innovative technologies, such as remote sensing, geophysical surveys, and advanced drilling techniques, enhance the efficiency and precision of gold exploration. These technological advancements not only contribute to the discovery of new gold deposits but also improve the accuracy of resource estimation. The integration of artificial intelligence and data analytics further enhances decision-making processes, allowing gold mining companies to optimize exploration efforts, reduce exploration risks, and maximize the discovery of economically viable gold reserves.

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..

Environmental and Regulatory Challenges to Restrict Market Growth

Environmental and regulatory challenges emerge as significant restraints in the Gold Mining market. Stringent environmental regulations and increased scrutiny on the impact of mining activities on ecosystems pose hurdles for gold mining companies. Compliance with environmental standards necessitates sophisticated waste management and reclamation practices, adding operational complexities and costs. Additionally, securing permits for exploration and mining activities becomes a prolonged process, causing delays.

The Gold Mining market refers to the sector of the mining industry dedicated to the exploration, extraction, refining, and commercialization of gold. Gold mining involves various processes, from prospecting and geological assessments to the extraction of gold-bearing ores and the subsequent processing of extracted materials to obtain refined gold. Market is fuled by technological advancements in exploration and extraction and rising demand for gold ...

This analysis presents a rigorous exploration of financial data, incorporating a diverse range of statistical features. By providing a robust foundation, it facilitates advanced research and innovative modeling techniques within the field of finance.

Vista Gold Corp Forecast: Rising Gold Prices Could Boost (VGZ) Shares.

Financial data:

• Historical daily stock prices (open, high, low, close, volume)

• Fundamental data (e.g., market capitalization, price to earnings P/E ratio, dividend yield, earnings per share EPS, price to earnings growth, debt-to-equity ratio, price-to-book ratio, current ratio, free cash flow, projected earnings growth, return on equity, dividend payout ratio, price to sales ratio, credit rating)

• Technical indicators (e.g., moving averages, RSI, MACD, average directional index, aroon oscillator, stochastic oscillator, on-balance volume, accumulation/distribution A/D line, parabolic SAR indicator, bollinger bands indicators, fibonacci, williams percent range, commodity channel index)

Machine learning features:

• Feature engineering based on financial data and technical indicators

• Sentiment analysis data from social media and news articles

• Macroeconomic data (e.g., GDP, unemployment rate, interest rates, consumer spending, building permits, consumer confidence, inflation, producer price index, money supply, home sales, retail sales, bond yields)

Potential Applications:

• Stock price prediction

• Portfolio optimization

• Algorithmic trading

• Market sentiment analysis

• Risk management

Use Cases:

• Researchers investigating the effectiveness of machine learning in stock market prediction

• Analysts developing quantitative trading Buy/Sell strategies

• Individuals interested in building their own stock market prediction models

• Students learning about machine learning and financial applications

Additional Notes:

• The dataset may include different levels of granularity (e.g., daily, hourly)

• Data cleaning and preprocessing are essential before model training

• Regular updates are recommended to maintain the accuracy and relevance of the data

Information on the amount of gold that is available across various U.S. Treasury-maintained locations, as well as data on the weight and book value of these gold reserves.

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

Gold Fields Limited is making a renewed effort to acquire Gold Road Resources for full control over the Gruyere mine, driven by rising gold prices and market dynamics.

Stay informed with real-time charts of international precious metal prices. Monitor spot prices for Silver in USD, GBP, and EUR. Access live updates here >>

Silver fell to 47.83 USD/t.oz on October 7, 2025, down 1.50% from the previous day. Over the past month, Silver's price has risen 15.70%, and is up 55.97% 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.

Nickel rose to 15,495 USD/T on October 7, 2025, up 0.19% from the previous day. Over the past month, Nickel's price has risen 2.08%, but it is still 12.75% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Nickel - values, historical data, forecasts and news - updated on October of 2025.

Copper fell to 4.98 USD/Lbs on October 6, 2025, down 0.99% from the previous day. Over the past month, Copper's price has risen 10.70%, and is up 10.39% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Copper - values, historical data, forecasts and news - updated on October of 2025.

Uranium rose to 84.05 USD/Lbs on October 7, 2025, up 3.57% from the previous day. Over the past month, Uranium's price has risen 9.23%, and is up 0.96% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Uranium - values, historical data, forecasts and news - updated on October of 2025.

Coffee fell to 381.45 USd/Lbs on October 6, 2025, down 2.38% from the previous day. Over the past month, Coffee's price has fallen 4.11%, but it is still 54.63% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Coffee - values, historical data, forecasts and news - updated on October of 2025.

Lithium traded flat at 73,550 CNY/T on September 30, 2025. Over the past month, Lithium's price has fallen 7.67%, and is down 3.86% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Lithium - values, historical data, forecasts and news - updated on October of 2025.