12:02 - 19.05.2025
May 19, Fineko/abc.az. The current price of gold is $3,229.59 per troy ounce.
ABC.AZ informs that this means an increase of $25.76 or 0.80% in one day. This short-term growth indicates renewed investor interest.
Gold has fallen by $111.30 or 3.36% over the past 30 days, which may indicate a short-term correction phase. However, the trend remains positive in the long run.
Over the past 6 months, the price of gold has increased by $556.34, or by 21.01%. This indicator indicates stable growth in terms of long-term investments. In 1 year, gold has risen in price by $777.44, or by 32.04%. This reflects investors' desire for gold amid inflation and global economic instability.
Over the past 5 years, gold has shown an increase of $1,457.52, or 83.46%. Such high growth has made it a traditional and reliable choice for long-term portfolios.
Gold's statistics for 20 years are impressive: the precious metal has grown by $2,784.92 (664.81%), confirming its status as a reliable instrument for long-term investments.
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