Understanding Gold · Monthly average prices
Raw materials and production
Gold is a dense, malleable precious metal that resists corrosion. Mine production and recovery from recycled jewellery and industrial scrap provide physical supply. Refining separates impurities so products can meet the required fineness.
Applications and consumption
Jewellery, bullion bars, coins and selected electronic components use gold. Its corrosion resistance makes it useful in reliable electrical contacts. Fabrication demand, investment holdings and official-sector purchases represent different channels of consumption and ownership.
What affects Gold · Monthly average prices?
Gold prices respond to physical supply, jewellery buying, currency movements and interest-rate expectations. Local bullion prices can also include fabrication charges, taxes and dealer margins. Purity, product brand and the difference between buying and selling quotations matter when comparing prices.
How to read Gold · Monthly average price today
This page follows Gold · Monthly average in London · World Bank. The price type is Monthly average, with values expressed in USD/oz troy. Compare quotations only after matching the product specification, unit, market and publication period. Changes in the chart describe the recorded series; they do not measure every transaction in the wider market. A local purchase may include freight, processing, taxes or dealer margins. Differences in quality or delivery conditions can therefore produce a different final cost even when the reference price is unchanged.
This is a monthly series. Its latest value belongs to the displayed publication month; a monthly average, settlement or contract reference is not an intraday price today.
Further reading: Royal Society of Chemistry — Gold ↗
Frequently asked questions about Gold · Monthly average
What is Gold · Monthly average price today?
The latest available value is 4,319.00 USD/oz troy, for September 2026. It represents Monthly average. Check the displayed period and market before treating it as a quotation for a purchase today. This is a monthly series. Its latest value belongs to the displayed publication month; a monthly average, settlement or contract reference is not an intraday price today.
What affects Gold · Monthly average prices?
Gold prices respond to physical supply, jewellery buying, currency movements and interest-rate expectations. Local bullion prices can also include fabrication charges, taxes and dealer margins. Purity, product brand and the difference between buying and selling quotations matter when comparing prices.
What is Gold · Monthly average used for in everyday life and industry?
Jewellery, bullion bars, coins and selected electronic components use gold. Its corrosion resistance makes it useful in reliable electrical contacts. Fabrication demand, investment holdings and official-sector purchases represent different channels of consumption and ownership.
Why can local Gold · Monthly average prices differ from this chart?
Local offers may include delivery, processing, taxes and commercial margins. Differences in quality, product form, market and contract timing can also change the price. Compare the same specification and unit before drawing conclusions.
Where can I compare historical Gold · Monthly average prices?
Use the price chart and dated history table on this page, or download the CSV. Choose a period and keep the market, product and units consistent. Missing publication dates are not filled with invented observations.