Gold fell to 3,333.04 USD/t.oz on July 2, 2025, down 0.16% from the previous day. Over the past month, Gold's price has fallen 0.61%, but it is still 41.30% higher than a year ago, 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 July of 2025.

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.

Interactive chart of historical data for real (inflation-adjusted) gold prices per ounce back to 1915. The series is deflated using the headline Consumer Price Index (CPI) with the most recent month as the base. The current month is updated on an hourly basis with today's latest value.

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.

This chart tracks the price of gold in U.S. dollars over the last 10 years.

Gold prices in , May, 2025 For that commodity indicator, we provide data from January 1960 to May 2025. The average value during that period was 596.56 USD per troy ounce with a minimum of 34.94 USD per troy ounce in January 1970 and a maximum of 3309.49 USD per troy ounce in May 2025. | TheGlobalEconomy.com

In 2025, the price of platinum is forecast to hover around 1,150 U.S. dollars per troy ounce. Meanwhile, the cost of per troy ounce of gold is expected to amount to 1,700 U.S. dollars.

Precious metals

Precious metals are counted among the most valuable commodities worldwide. The most well known such metals are gold, silver and the platinum group metals. A precious metal can be used as an industrial commodity or as an investment. The major areas of application include the following sectors: technology, car-making, industrial manufacturing and jewelry making. Furthermore, gold and silver are used as coinage metals, and gold reserves are held by the central banks of many countries worldwide in order to store value or for use as a redemption medium. The idea behind this procedure is that gold reserves will help secure and stabilize the countries’ respective currencies. At 8,100 tons, the United States is the country with the most extensive stock of gold. It is kept in an underground vault at the New York Federal Reserve Bank.

Russia, the United States, Canada, South Africa and China are the main producers of precious metals. Silver is the most abundant of the metals, followed by gold and palladium. Barrick Gold is the world’s largest gold mining company. The Toronto-based firm produced some five million ounces of gold in 2020. The leading silver producers include Mexico-based Fresnillo, Poland’s KGHM Polska Miedž and the mining giant Glencore. Anglo Platinum and Impala are the key mining companies to produce platinum group metals.

In 2023, Silver prices are expected to settle at around 23.5 U.S. dollars per troy ounce. It is expected to remain the precious metal with the lowest value per ounce. The price of gold is forecast to drop to around 1,663 U.S. dollars per ounce, making it the most expensive precious metal in 2023.

The global gold ore market revenue amounted to $X in 2017, going up by X% against the previous year. Overall, gold ore consumption continues to indicate a strong expansion. The pace of growth was the most pronounced in 2011, when market value increased by X% y-o-y. Over the period under review, the global gold ore market attained its maximum level in 2017, and is likely to see steady growth in the immediate term.In 2017, the global gold ore production stood at X tons, leveling off at the previous year.

The revenue of the unwrought gold market in Middle East amounted to $X in 2017, going down by -X% against the previous year. The unwrought gold consumption continues to indicate a remarkable growth. The most prominent rate of growth was recorded in 2012, with an increase of X% year-to-year.

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.

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.

LPLA: Going for Gold in the Financial Industry?

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

This dataset provides values for GOLD RESERVES reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

This horizontal bar chart displays news by news title using the aggregation count. The data is filtered where the keywords includes Gold mines and mining-History.

Imports: Sitc Basic Heading: fob: Coin (other than Gold Coin), Not Being Legal Tender data was reported at 0.001 USD mn in Mar 2025. This records an increase from the previous number of 0.000 USD mn for Feb 2025. Imports: Sitc Basic Heading: fob: Coin (other than Gold Coin), Not Being Legal Tender data is updated monthly, averaging 0.002 USD mn from Feb 1998 (Median) to Mar 2025, with 72 observations. The data reached an all-time high of 1.396 USD mn in Dec 2019 and a record low of 0.000 USD mn in Feb 2011. Imports: Sitc Basic Heading: fob: Coin (other than Gold Coin), Not Being Legal Tender data remains active status in CEIC and is reported by Special Secretariat for Foreign Trade and International Affairs. The data is categorized under Brazil Premium Database’s Foreign Trade – Table BR.SITC: Basic Heading: Section 00: Imports: Value.

In 2017, approx. X kg of gold, unwrought or in powder form were imported into Denmark; going up by X% against the previous year. In general, imports of gold, unwrought or in powder form continue to indicate a remarkable growth. The most prominent rate of growth was recorded in 2017, when it surged by X% y-o-y.

Brazil Exports: Sitc Basic Heading: fob: Base Metals, Silver,Gold, Clad W, Platinum,other Metals of the Platinum Group, Not Further Worked than Semi-Manufactured data was reported at 0.002 USD mn in Jan 2025. This records a decrease from the previous number of 0.006 USD mn for Nov 2024. Brazil Exports: Sitc Basic Heading: fob: Base Metals, Silver,Gold, Clad W, Platinum,other Metals of the Platinum Group, Not Further Worked than Semi-Manufactured data is updated monthly, averaging 0.003 USD mn from Sep 1999 (Median) to Jan 2025, with 146 observations. The data reached an all-time high of 0.820 USD mn in Sep 2009 and a record low of 0.000 USD mn in Jul 2009. Brazil Exports: Sitc Basic Heading: fob: Base Metals, Silver,Gold, Clad W, Platinum,other Metals of the Platinum Group, Not Further Worked than Semi-Manufactured data remains active status in CEIC and is reported by Special Secretariat for Foreign Trade and International Affairs. The data is categorized under Brazil Premium Database’s Foreign Trade – Table BR.SITC: Basic Heading: Section 06: Exports: Value.

This horizontal bar chart displays news by news title using the aggregation count. The data is filtered where the keywords includes A model of short-run gold price behaviour?.

The revenue of the gold ore market in South Korea amounted to $X in 2017, going down by -X% against the previous year. In general, gold ore consumption continues to indicate a sharp setback. The pace of growth was the most pronounced in 2009, with an increase of X% y-o-y. Over the period under review, the gold ore market attained its peak figure level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.In 2017, approx.

The revenue of the gold ore market in Brazil amounted to $X in 2017, remaining stable against the previous year. Overall, gold ore consumption continues to indicate a relatively flat trend pattern. Brazil gold ore consumption peaked of $X in 2010; however, from 2011 to 2017, it failed to regain its momentum.In 2017, production of gold ores and concentrates in Brazil stood at X tons, going down by -X% against the previous year. Overall, gold ore production continues to indicate a prominent expansion.

The revenue of the gold ore market in Eastern Asia amounted to $X in 2017, going up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The gold ore consumption continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2011, when it surged by X% year-to-year.