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04 Dec, 2024

A Look at Gold Price Trends Over the Last Decade

A Look at Gold Price Trends Over the Last Decade (2015–2025)

Over the past 10 years, gold has proven its status as a safe-haven asset—responding strongly to global economic shifts, inflation, and geopolitical tensions.

  • 2015–2018:
    Gold prices remained relatively stable, averaging around $1,200–$1,300/oz, as markets recovered post-2008 crisis.

  • 2019–2020:
    Prices surged due to global uncertainty, trade wars, and the COVID-19 pandemic, peaking at over $2,070/oz in August 2020—a then all-time high.

  • 2021–2022:
    Slight correction as economies reopened, but gold remained strong amid inflation and rate hikes, hovering around $1,750–$1,900/oz.

  • 2023–2025:
    Renewed demand pushed gold to new record highs above $2,400/oz (mid-2024), driven by inflation concerns, central bank buying, and geopolitical instability.

Key Takeaway:

Gold continues to be a reliable long-term asset, offering both stability in uncertain times and growth during economic shifts. Whether you're investing or gifting, it's never gone out of style.

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