Change in gold price until 2024| ��ƽ��

Annual average gold price from 1900 to 2024 (in U.S. dollars per troy ounce)

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Release date

March 2025

More information

Region

Worldwide

Survey time period

1900 to 2024

Citation formats

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.

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Characteristic	Average gold price in U.S. dollars per troy ounce
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Characteristic	Average gold price in U.S. dollars per troy ounce
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�����ƽ��

Annual average gold price from 1900 to 2024 (in U.S. dollars per troy ounce)

Gold pricing determinants

Other statistics on the topicGold mining worldwide

Statistics on " Gold mining worldwide "

Other statistics that may interest you Gold mining worldwide

Further Content: You might find this interesting as well

Topics

��ƽ��

Other statistics on the topic
Gold mining worldwide

Characteristic	Average gold price in U.S. dollars per troy ounce
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