The price of gold traded at $2,731.69 per troy ounce, as of 9 a.m. ET. That’s down 0.27% from yesterday’s gold price per ounce and up 32.20% since the beginning of the year.

Gold price reached new heights in 2024, with spot prices hitting a record of $2,758.37 per ounce on international markets. This surge in gold price reflects the

A poll of delegates at the LBMA conference in Miami also predicted higher prices in a year's time for silver, platinum and palladium.

Year to date, gold is up 29.71% as of 9 a.m. ET. The 52-week intraday high reached $2,688.81 on Oct. 17, 2024, and the 52-week intraday low dropped to $1,911.85 on Oct. 17, 2023.

Global spot gold prices soared to new heights on Monday, reaching $2,740 per ounce, following multiple records since the year began. Experts predicted possible fresh highs backed by US Federal Reserve interest rate cuts, geopolitical uncertainties and purchases from central banks.

Gold’s appeal as a safe-haven asset has been supported by geopolitical tensions in the Middle East and uncertainty surrounding the upcoming US presidential election.

On October 21, 2024, Gold prices crested at $2,700 an ounce—more than double the price of 10 years ago, when prices stood at $1,200 per ounce. On a year-to-date basis, gold is up 30%, and Bank of America head of commodities Michael Widmer recently called for gold prices to rise to $3,