Gold Price Historical Data

Welcome to your definitive source for historical gold price analysis. Gold has long been revered as a store of value, a hedge against inflation, and a safe-haven asset during times of economic uncertainty. Understanding its past performance is crucial for investors, economists, and enthusiasts alike. This page provides detailed historical data for the XAU/USD pair, allowing you to explore gold's price fluctuations over various periods.

Interactive Gold Price Chart (XAU/USD)

Our interactive chart below visualizes the historical gold price in US dollars per troy ounce. You can use the timeframe buttons (1W, 1M, 3M, 6M, 1Y, 5Y, 10Y, 50Y, Max) to view gold's performance over different durations. Hover over the chart to see specific price points for given dates. For selected long-term views (1Y, 5Y, 10Y, 50Y), the percentage gain over that period will be displayed directly beneath the chart.

Understanding Historical Gold Prices

Analyzing historical gold prices provides valuable context for current market conditions. Gold's price is influenced by a complex interplay of factors, including:

• Inflation and Currency Devaluation: Gold often acts as a hedge against inflation. When fiat currencies lose purchasing power, investors may turn to gold.
• Economic Uncertainty: During recessions, geopolitical instability, or market crises, gold is often sought as a "safe-haven" asset.
• Central Bank Policies: Interest rates and quantitative easing measures by central banks (like the US Federal Reserve) can significantly impact gold prices. Lower real interest rates tend to be bullish for gold.
• US Dollar Strength: Gold is typically priced in US dollars. A weaker dollar generally makes gold cheaper for holders of other currencies, potentially increasing demand and price, and vice-versa.
• Supply and Demand: While less volatile than other commodities, changes in gold mining output and demand from jewelry, technology, and investment sectors play a role.

By examining gold price trends over decades, one can observe its reactions to major world events and economic cycles. For instance, the abandonment of the gold standard in 1971, the stagflation of the 1970s, the 2008 financial crisis, and the recent global pandemic have all left their mark on gold's price history.

Gold as an Investment

Many consider gold a vital component of a diversified investment portfolio. Its historical tendency to have a low or negative correlation with other asset classes like stocks and bonds can help reduce overall portfolio volatility. However, like all investments, the price of gold can be volatile and past performance is not indicative of future results.

Key Performance Statistics

The statistics below provide a snapshot of gold's performance for the currently selected timeframe on the chart. These metrics include the period's highest and lowest prices, average price, total percentage change, volatility, and the number of data points used for the calculation.