Mcap should be 3 x GGP at comparable stage26 Sep 2025 08:05
AI Overview
+2
In 2018, the average price of gold was around $1,270 per ounce, while in 2025, it has reached significantly higher levels, with forecasts and recent prices nearing $3,700 per ounce and even higher by year-end. This increase reflects the commodity's strong performance in 2025, driven by factors like central bank purchases and robust investment demand.
2018 Gold Price
The annual average price of gold in 2018 was approximately $1,270 per ounce.
2025 Gold Price
Current Price (September 2025): Gold has seen a dramatic rise, with the price reaching new highs above $3,700 per ounce in September 2025.
Annual Average Price: The annual average for 2025 was $3,203 per ounce.
Predictions: Analysts like Goldman Sachs Research predicted gold would hit $3,700 by the end of the year, while J.P. Morgan projected prices to reach $3,675 by Q4 2025 and climb to $4,000 by mid-2026.
Key Differences
Gold's price in 2025 has surged by over 40% compared to the same time last year, indicating a substantial increase from the 2018 average.
The drivers for the rise in 2025 include strong investment demand and significant purchases by central banks.
Copper prices have increased significantly from 2018 to 2025, with the average price in 2018 being around $6,530 per metric ton and forecasts for 2025 projecting an average price above $9,000 per metric ton, driven by demand from green technologies and potential supply constraints