Last 30 Years Gold Price (24ct)
Unit:
Carat:
Key Events
Key market events that influenced gold prices:
1995-2000
• Technology boom and strong economic growth reduced safe-haven demand
• Central bank gold sales created downward pressure on prices
• Dot-com euphoria led investors to favour growth assets over precious metals
• Central bank gold sales created downward pressure on prices
• Dot-com euphoria led investors to favour growth assets over precious metals
2000-2008
• Technology crash and 9/11 attacks drove renewed interest in precious metals
• Early signs of financial system stress became apparent
• Currency debasement fears and geopolitical uncertainties supported gold prices
• Early signs of financial system stress became apparent
• Currency debasement fears and geopolitical uncertainties supported gold prices
2008-2025
• Financial crises and unprecedented monetary expansion defined the era
• Recurring inflation concerns maintained gold's appeal
• Multiple safe-haven episodes demonstrated gold's enduring monetary role
• Recurring inflation concerns maintained gold's appeal
• Multiple safe-haven episodes demonstrated gold's enduring monetary role