What was the average price of gold in 2023?

The average price of gold in 2023 was $ 1,943.75 per ounce. What was the highest gold price in the U.S. in 2023? The high point per ounce of 24K gold during 2023 was $ 2,078.66 on December 27, 2023. What was the lowest gold price in the U.S. in 2023? The low point was $ 1,811.07 per ounce of gold on February 24, 2023.

How much gold did government central banks buy in 2023?

Beginning the year 2023, Government Central Banks admitted to buying 1,136 metric tonnes or just over 36,523,195 troy ounces of Official Gold Bullion Reserves in 2022.They followed that up with officially buying 1,037 metric tonnes or just over 33,340,275 oz of gold bullion in the year 2023.

How long do gold prices last?

You can also easily examine historical gold prices on a much smaller time horizon from 10 minutes to three days to 30 days to 60 days and up. The timeframe you decide to look at may depend on your investment objectives. If you are simply looking to buy and sell gold as a swing trader, you may focus on the hourly or six hour charts.