Gold price over 10 years in USD per ounce
Global Gold Prices
Regional gold premiums reflect differences in physical demand, supply logistics, and import duties across major markets.
Gold Price Performance
How the gold price has moved across key timeframes. Change is calculated from the opening price of each period to the current live price.
| Timeframe | High | Low | Change |
|---|---|---|---|
| 1 Week | 5,238 usd | 5,003 usd | -0.45% |
| 1 Month | 5,418 usd | 4,857 usd | +0.58% |
| 3 Months | 5,590 usd | 4,301 usd | +16.66% |
| 1 Year | 5,590 usd | 2,957 usd | +67.36% |
| 5 Years | 5,590 usd | 1,614 usd | +187.80% |
| 10 Years | 5,590 usd | 1,122 usd | +300.01% |
10 years gold price trends
Over the past decade, gold prices reflect major economic trends, global crises, and recovery periods. Events such as the global financial crisis, the COVID-19 pandemic, and shifting monetary policies have all played a role in gold’s performance. A ten-year analysis highlights the resilience of gold as a long-term hedge against volatility and market downturns.
Gold Price, 10 years (per ounce)
Gold price per ounce
Gold is traditionally measured in troy ounces, a unit that dates back to the Roman Empire. The troy ounce is widely used in international gold trading, especially in the United States and the United Kingdom. Investors and traders use ounces as a standard for pricing and trading gold bars and coins globally.
Data Sources & Methodology
The chart above shows the live gold price per ounce over 10 years. Use the buttons below the chart to switch between timeframes and weight units.
Our gold price data is sourced from the global spot market reference rate XAU/USD, the widely-quoted international benchmark for gold priced in US dollars per troy ounce.
Prices are streamed once per minute during market hours and stored as 1-minute OHLC (open, high, low, close) bars. Longer timeframes are aggregated from this granular data, for example the “1D” view shows the last 24 hours, “1W” uses 30-minute bars, and yearly views use daily closing prices.
The precious metals spot market trades nearly 24 hours a day, 5 days a week (Sunday 5 PM ET to Friday 5 PM ET). During weekends and holidays the chart displays the most recent available prices. All times on this page are shown in your local timezone (UTC).
Gold Price FAQ
- How much is 1 ounce of gold worth today?
The gold price fluctuates continuously during market hours. See the live gold price above for the current value per ounce.
- What determines the gold price?
Gold prices are primarily driven by US Federal Reserve monetary policy, real interest rates, and US dollar strength. When real rates fall or the dollar weakens, gold tends to rise because the opportunity cost of holding a non-yielding asset decreases. Central bank purchases, especially from China, India, Turkey, and Poland, have also become a major demand driver since 2022.
- Why do central banks buy gold?
Central banks hold gold as a reserve asset to diversify away from US dollar and euro holdings. After sanctions froze Russian foreign reserves in 2022, many central banks accelerated gold purchases to reduce geopolitical risk. China's PBOC has been one of the largest buyers, adding hundreds of tonnes in recent years.
The prices displayed are for informational purposes only. Use of this page is at your own risk. We accept no liability for errors.
