Gold prices edged up as much as 1% to $1513.3 an ounce around 10:30 AM NY time on Friday, after Fed Chair Powell speech regarding weaker global economic growth, geopolitical uncertainty and escalating trade tensions between Washington and Beijing. Meantime, Silver prices added more than 1.7% to $17.28 an ounce. Historically, Gold reached an all time high of 1920.30 in September of 2011 and a record low of 34.83 in January of 1970.

Gold is expected to trade at 1400.77 USD/t oz. by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 1364.88 in 12 months time.


Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Energy Price Day Weekly Monthly Yearly Date
Crude Oil 53.8537 1.50 -2.70% -1.85% -3.63% -21.63% Aug/23
Brent 59.1347 0.80 -1.34% 0.84% -6.40% -22.01% Aug/23
Natural gas 2.1532 0.00 -0.09% -2.13% -3.01% -26.18% Aug/23
Gasoline 1.6411 0.03 -1.58% -0.95% -11.54% -21.02% Aug/23
Heating oil 1.8127 0.03 -1.64% -0.01% -5.03% -17.69% Aug/23
Ethanol 1.3111 0.03 -2.02% 0.62% -11.53% -0.14% Aug/23
Naphtha 446.75 2.32 -0.52% 0.62% -11.08% -30.00% Aug/23
Propane 0.40 0.01 1.65% 3.91% -17.93% -58.72% Aug/23
Uranium 25.3000 0.00 0.00% 0.60% -1.56% -3.80% Aug/23

Metals Price Day Weekly Monthly Yearly Date
Gold 1,529.42 27.90 1.86% 1.04% 7.27% 26.86% Aug/23
Silver 17.1584 0.12 0.73% 0.46% 3.43% 15.94% Aug/23
Platinum 853.60 3.66 -0.43% 1.08% -2.50% 8.01% Aug/23

Agricultural Price Day Weekly Monthly Yearly Date
Soybeans 840.5497 15.45 -1.80% -3.08% -5.66% -0.17% Aug/23
Wheat 475.3217 8.07 1.73% 0.97% -4.51% -7.66% Aug/23
Cotton 57.97 0.90 -1.53% -3.51% -9.27% -29.14% Aug/23
Rice 11.0136 0.14 1.32% -1.66% -8.49% 2.12% Aug/23
Cheese 1.8270 0.00 0.11% -0.22% 0.83% 17.19% Aug/23
Palm Oil 2,377.00 3.00 0.13% 0.89% -2.06% 9.14% Aug/23
Milk 17.59 0.02 0.11% -0.17% 1.03% 17.03% Aug/23
Rubber 156.00 9.00 -5.45% -9.46% -32.14% -3.70% Aug/23
Orange Juice 96.05 0.90 -0.93% -2.78% -7.56% -38.49% Aug/23
Coffee 92.60 0.90 -0.96% -0.27% -8.32% -7.91% Aug/23
Lumber 359.90 0.60 0.17% -0.83% 4.77% -18.54% Aug/23
Wool 1,497.00 0.00 0.00% -1.06% -14.65% -27.86% Aug/22
Tea 2.75 0.00 0.00% 0.00% 9.13% -15.12% Aug/22
Cocoa 2,208.00 8.00 0.36% 4.60% -10.35% -6.99% Aug/23
Canola 449.90 3.20 -0.71% -0.55% -0.07% -9.50% Aug/23
Oat 264.6704 0.75 -0.28% -5.56% -0.03% 1.99% Aug/23
Sugar 11.47 0.11 -0.95% -1.46% -4.89% 12.12% Aug/23
Corn 358.8596 5.00 -1.38% -3.27% -15.36% 2.97% Aug/23

Livestock Price Day Weekly Monthly Yearly Date
Live Cattle 104.8000 0.18 -0.17% 4.88% -3.76% -1.36% Aug/23
Lean Hogs 59.2984 3.00 -4.82% -4.36% -31.49% 14.53% Aug/23
Beef 10.58 0.02 -0.19% 0.19% 1.24% 9.87% Aug/22
Poultry 4.62 0.02 0.43% -0.65% -0.65% 19.38% Aug/22
Feeder Cattle 132.5357 5.60 -4.05% -1.52% -7.20% -11.17% Aug/23

Industrial Price Day Weekly Monthly Yearly Date
Copper 2.5239 0.03 -1.21% -2.55% -6.66% -6.49% Aug/23
Bitumen 3,418.00 4.00 -0.12% 1.97% -1.73% 5.82% Aug/23
Steel 3,778.00 26.00 0.69% -0.05% -6.69% -15.89% Aug/23
Tin 15,880.00 295.00 -1.82% -7.38% -10.16% -16.42% Aug/23
Zinc 2,254.00 9.00 0.40% -0.44% -7.47% -11.05% Aug/23
Molybdenum 28.00 0.00 0.00% 0.00% 2.75% -4.27% Aug/22
Iron Ore 87.00 0.00 0.00% -5.43% -26.89% 29.85% Aug/22
Coal 67.30 0.05 0.07% -1.10% -10.17% -37.10% Aug/23
Palladium 1,460.51 26.50 -1.78% 0.86% -5.16% 56.00% Aug/23
Cobalt 32,600 0.00 0.00% 6.89% 16.43% -49.26% Aug/22
Lead 2,083.25 0.00 0.00% 0.71% 2.60% 0.69% Aug/22
Aluminum 1,766.00 13.00 -0.73% -0.90% -2.75% -15.70% Aug/22
Nickel 15,857.00 0.00 0.00% -2.66% 12.21% 18.89% Aug/22
Lithium 92.88 2.45 -2.57% -0.42% -12.11% -24.11% Aug/22
Soda Ash 1,676.67 0.00 0.00% 0.00% 2.03% -7.95% Aug/23
Iron Ore 62% fe 92.8800 0.15 0.16% -0.94% -22.87% 37.64% Aug/23
Neodymium 395,500.00 0.00 0.00% 3.67% -0.50% -2.94% Aug/22
Rhodium 3,955.00 0.00 0.00% 3.26% 12.52% 66.18% Aug/22
Manganese 37.00 0.00 0.00% 0.00% 1.37% -10.84% Aug/22

Index Price Day Weekly Monthly Yearly Date
LME Index 2,760.90 0.00 0.00% -0.48% -2.40% -7.05% Aug/22
S&P GSCI 2,368.38 0.00 0.00% 1.43% -4.31% -12.98% Aug/22
Baltic Dry 2,168.00 50.00 2.36% 3.83% 7.65% 27.75% Aug/23
CRB Index 177.37 1.79 -1.00% -1.02% -5.23% -10.55% Aug/23


Gold

The biggest producers of gold are China, Australia, United States, South Africa, Russia, Peru and Indonesia. The biggest consumers of gold jewelry are India, China, United States, Turkey, Saudi Arabia, Russia and UAE. Gold Futures are available for Trading in the Commodity Exchange (COMEX) which merged with the New York Mercantile exchange in 1994 and became the division responsible for metals trading. Half of the gold consumption in the world is in jewelry, 40% in investments, and 10% in industry. However, Gold is not only a precious metal but also a commodity vital for many industries. Gold is an excellent conductor of electricity, is extremely resistant to corrosion, and is one of the most chemically stable of the elements, making it critically important in electronics and other high-tech applications. This page provides - Gold - actual values, historical data, forecast, chart, statistics, economic calendar and news. Gold - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1529.42 1498.60 1898.25 34.83 1968 - 2019 USD/t oz. Daily