Gold bar stacks

Gold Prices

Gold prices averaged higher in April relative to March on increased safe-haven demand. Gold prices averaged USD 2,000 per troy ounce in April, which was up 4.5% from March’s price and was 3.2% higher than in the same month last year. Meanwhile, on 28 April, gold closed the day at USD 1,990 per troy ounce, which was 0.7% higher than on the same day of the previous month.

Higher average prices in April relative to March were related to investors seeking safety; financial markets remained jittery due to the possibility of problems emerging for more U.S. banks and vulnerabilities in commercial real estate. Moreover, the expectations of a more dovish Fed added momentum to the price rally. In addition, the dollar averaged notably weaker in April than in March, likely buoying prices by making the metal more affordable for holders of other currencies. Finally, central banks likely continued buying gold in April to diversify their international reserves against a backdrop of lingering geopolitical tensions.

This chart displays Gold (US$/toz) from 2021 to 2023.

Gold LBMA (prices in US$/toz, aop)

Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Q3 2022 Q4 2022
Gold LBMA - 1,815 1,790 1,796 1,877 1,874 1,729 1,732

Free sample report

Price forecasts and historical data for Gold.

Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest