Spot price (USD/oz)
Live data from public APIs. Figures may differ slightly from your broker's screen.
Live spot price
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USD per troy ounce
Headlines (third parties)
Gold Price Performance
Historical percentage changes based on approximate gold spot prices (USD per troy ounce)
10-Year Return
+73%
Jan 2015: ~$1,185/oz
Jan 2025: ~$2,050/oz
5-Year Return
+31%
Jan 2020: ~$1,560/oz
Jan 2025: ~$2,050/oz
1-Year Return
+13%
Jan 2024: ~$1,815/oz
Jan 2025: ~$2,050/oz
6-Month Return
+8%
Jul 2024: ~$1,900/oz
Jan 2025: ~$2,050/oz
*Approximate values based on historical spot prices. Actual returns vary.
Supply & Demand Explained
Understanding the fundamental forces that influence gold prices
Supply Factors
Mining Production
Primary supply from mining. Major producers: China, Australia, Russia, Canada, USA. Output stable at 3,000–3,500 tons annually.
Recycled Gold
Secondary supply from recycled jewelry and electronics. Accounts for 25–30% of total annual supply.
Central Bank Sales
Since 2010, central banks have been net buyers, reducing available market supply.
Demand Factors
Jewelry & Fabrication
Largest demand sector (~50%). India and China are the biggest consumers.
Investment Demand
Physical bars, coins, and ETFs. Increases during uncertainty and inflation fears.
Central Bank Purchases
Net buyers since 2010. China, Russia, Turkey significantly increased reserves.
Gold, the Dollar & Central Banks
Central Bank Gold Holdings by Country
| Rank |
Country |
Tonnes |
% Reserves |
| 1 | United States | 8,133 | 69.9% |
| 2 | Germany | 3,352 | 71.5% |
| 3 | Italy | 2,452 | 67.3% |
| 4 | France | 2,437 | 68.5% |
| 5 | Russia | 2,333 | 28.0% |
| 6 | China | 2,264 | 4.9% |
| 7 | Netherlands | 612 | 61.0% |
Educational use only. Verify figures against primary sources before relying on them for any decision.