What is the highest price gold has ever been in history?

What is the highest price gold has ever been in history?

$2,032.16 USD per troy ounce
In 2020, we have been seeing a significant upswing in the price of gold. The highest price of gold in history was $2,032.16 USD per troy ounce, achieved on the 7th of August, 2020. Compared to the price of gold over the last decade, 2020 has generally proven to be a great year for gold.

What was gold price before 10 years?

Historical gold rate trend in India

Year Price (24 karat per 10 grams)
2008 Rs.12,500.00
2009 Rs.14,500.00
2010 Rs.18,500.00
2011 Rs.26,400.00

What is the price history of gold?

Gold Prices – 100 Year Historical Chart

Gold Prices – Historical Annual Data
Year Average Closing Price Annual % Change
2020 $1,773.73 24.43%
2019 $1,393.34 18.83%
2018 $1,268.93 -1.15%

What happen with gold price in 2011?

Paranoid investors pushed gold to $1,900 an ounce in 2011, but the bubble has burst. Gold bars are seen at the Czech Central Bank on September 05, 2011, in Prague. The run-up in gold prices in recent years—from $800 an ounce in early 2009 to above $1,900 in the fall of 2011—had all the features of a bubble.

What will be the price of gold in 2021?

The World Bank predicts the price of gold to decrease to $1,740/oz in 2021 from an average of $1,775/oz in 2020. In the next 10 years, the gold price is expected to decrease to $1,400/oz by 2030.

What would be gold price in 2030?

Summary: What Is The Future Of The Gold

Year Gold Price Prediction
2024 $4,721
2024 $4,988
2025 $5,012
2030 $8,732

What will gold be worth in 2023?

Summary: What Is The Future Of The Gold

Year Gold Price Prediction
2021 $2,500
2022 $3,000
2023 $3,449
2024 $4,721

Why did gold go so high in 2011?

Gold prices rose to a new closing record for the first time since 2011, extending a summer surge fueled by nervous investors adding bullion to their portfolios as the coronavirus muddies the global economic outlook.