The data displays the monthly average price for an ounce of fine gold in London (morning fixing) from August 2017 to August 2018. As of August 2018, an ounce of gold cost 1,201.86 USD, down from 1,780 USD per ounce in September 2011.
London fixing gold price
In February 2018, the average price for an ounce of fine gold was 1,333.78 USD. Although the monthly price for fine gold fluctuates, the average annual price of fine gold is increasing. In 2001, the price for one ounce of gold was 271 USD, and by 2012 the price had risen to some 1,670 USD.
