Price of Gold in 2012

The combined expansion of the jewelry and central bank sectors outpaced the reductions in the investment and technology industries in 2012, resulting in a high demand for gold and increased values once again.

Check out the following charts to see the Gold Prices for 2012 and the fluctuation of prices.

Gold Prices 2012 Chart

What Impacted Gold Prices in 2012?

In 2012, gold prices increased at a slower rate than in any of the previous four years – however, they still increased at a rate of 5.4%. Continued debt problems, monetary easing by the U.S. Federal Reserve, lower interest rates, and a weaker U.S. dollar were among the reasons that contributed to the mild price rises in 2012.

In 2012, the annual gold demand in terms of value reached a new all-time high of $236,4 billion – an increase in demand from institutional investors and central banks was only partially offset by a fall in demand from consumers.

Other contributing factors included India’s dichotomous year, central bank purchases reaching a 48-year high, and China’s unwavering love of gold.

Daily Gold Prices (Chart)

To find the daily prices for Gold in this year, use the date filters in the chart above.

The information provided here is for educational purposes only and should not be used for speculation and investment purposes. CanAm does not guarantee that the prices shown here are correct, up-to-date, or complete, and we are not responsible for inaccuracies or omissions in this price data.

Before You Buy or Sell Gold Online

Before you buy or sell gold online, consider whether now is the right time to do so. Prices fluctuate often, and you don’t want to buy when it’s higher than usual or sell when its lower than usual.

Check the price using CanAm’s most recent year-to-date chart to find out more. This is regularly updated and provides spot price information for accurate valuations as a starting price for sales.

It can also give you an idea of what you should be paying if you buy gold online, though keep in mind that dealers will usually add commission and other fees on top of spot prices.

Buy Gold Online with CanAm

Our mission at CanAm is to create trust with each of our customers. We take our commitment to excellent customer service very seriously and we offer not only the best products, but also the best advice in the industry.

Buying pure gold bars or gold bullion is a great method to diversify your holdings. Our online shop features a wide range of options. Get in contact with our staff right away if you have any concerns or inquiries or shop today.