Price of Gold in 2011
Due to uncertainty around an uneven recovery and volatility in U.S. financial markets, gold prices increased by 50.6% from September 2010 to September 2011, with gold reaching an all-time high of $1,917.90 per ounce. If you want to view how gold values were at any point in the year, check out the following charts to […]
READ MOREPrice of Gold in 2010
In 2010, Gold reached a mid-year high of $1,264.90 per ounce, as concerns about the spread of eurozone debt problems fueled safe-haven buying. Ups and downs followed, but by the end of the year, it was back on track, despite fears that the global recovery is losing steam owing to a weaker dollar and economic […]
READ MOREPrice of Gold in 2009
In 2009, the US was in the middle of the Great Recession, and due to the weak economy and looser money, investors were looking for a way to enhance the value of their total assets, so they poured their money into gold. This increased gold’s value to record highs. You can learn more about the […]
READ MOREPrice of Gold in 2008
The Global Financial Crisis of 2008 hit the gold market hard, and that year was a volatile year (ups and downs) for gold prices. Positively, gold investment increased as people’s faith in the dollar and stock market waned, but it wasn’t without its challenges. With the charts below, you can see the Gold Prices in […]
READ MOREPrice of Gold in 2007
2007 was a significant year for gold prices, increasing by over $200 an ounce. Contributors included contracting mine supply, a decline in the dollar and lower sales by Europe’s central banks. However, the biggest impact was the start of the Global Financial Crisis. Check below to see our Gold prices in 2007 chart, giving you […]
READ MOREPrice of Gold in 2006
Gold prices peaked and then plummeted in the middle of 2006 as investors poured money into commodities, and then withdrew interest. The market faced a weak US dollar, high oil prices and political tensions over Iran’s nuclear ambitions. For full details of the price of Gold in 2006 and a full comparison of spot prices […]
READ MOREPrice of Gold in 2005
The price of gold continued to increase in 2005, even though the US dollar started to improve. It was the first time experts in the industry started to predict an even greater rise, with some predicting prices would jump to $850 an ounce within a few years (which came to fruition). View our charts below […]
READ MOREPrice of Gold in 2004
Investor interest in gold continued from 2003 into 2004 when gold prices started at just over $400 an ounce – the highest levels since February 1990. This was a direct result of a fall in the US dollar against the euro and three-year nadirs against the yen. In the charts below, you can view the […]
READ MOREPrice of Gold in 2003
The price of Gold in 2003 was impacted predominantly by a looming war with Iraq, and bullion was purchased by investors looking for risk assurance for their portfolios. The charts below show the price of Gold in 2003 as well as the spot price fluctuations that occurred throughout the year. Gold Prices 2003 Chart […]
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