2. Points To Be Covered Today:
Global Gold Import Value By Leading Country 2019
Newmont Corporation's Revenue 2010-2020
Anglogold Ashanti's Revenue 2010-2020
Change In Gold Price From 1900 To 2020
Monthly prices for gold worldwide 2011-2021
Average Prices For Gold Worldwide From 2014 To 2025
3. Global Gold Import Value By Leading
Country 2019
This statistic represents the leading gold importing
countries worldwide, based on import value, in 2019.
In that year, gold imports to the United Kingdom were
valued at approximately 70.8 billion U.S. dollars.
Leading countries based on gold exports 2019
This statistic shows the leading gold exporting
countries worldwide based on export value, as of 2019.
In that year, Switzerland's gold exports amounted to a
value of approximately 62 billion U.S. dollars.
4. Leading Gold Producing Companies
Worldwide 2020
The U.S.-Canadian mining company Newmont was the
world's largest gold producing company in 2020, with
total production amounting to 5.91 million ounces of
gold.
Despite being the largest gold producer, Newmont's
2020 production was four percent lower than in 2019
due to various factors including mine closures as a
result of the coronavirus pandemic, lower ore grade
mined at Ahafo, and the sale of Kalgoorlie and Red
Lake.
5. Market Capitalization Of Selected Gold Mining
Companies Worldwide 2021
As of April 29, 2021, Sibanye Stillwater Ltd had a market
capitalization of 14.3 billion U.S. dollars.
Kinross Gold had a market cap of 11.3 billion Canadian dollars at
that time.
Newmont Corporation's revenue 2010-2020
United States-based Newmont is the world's largest gold producer.
In 2020, the company generated some 11.5 billion U.S. dollars of
revenue, a considerably increase from the previous year, and the
largest amount during the period of study.
8. Gold Production Of Newmont Corporation
2010-2020
United States-based Newmont is the world's
largest gold producer.
In 2020, Newmont's consolidated gold
production totaled around 5.8 million ounces, a
considerable decrease compared with the
production from the previous year.
9. Barrick Gold's Revenue 2008-2020
Barrick is a Canada-based gold mining
company, and one of the leading gold
producers worldwide.
In 2020, the company reported approximately
12.6 billion U.S. dollars of revenue, a
considerable increase compared with the
previous years.
11. Anglo gold Ashanti's Revenue 2010-2020
AngloGold Ashanti Limited is a gold mining company
from Johannesburg, South Africa.
The company was formed in 2004 by the fusion of the
South African AngloGold and the Ghanaian Ashanti
Goldfields Corporation.
In 2020, AngloGold Ashanti generated some 4.4 billion
U.S. dollars of revenue.
13. Anglogold Ashanti's Gold Production 2010-
2020
In 2020, AngloGold Ashanti produced some three
million ounces of gold.
AngloGold Ashanti Limited is a gold mining company
from Johannesburg, South Africa.
The company was formed in 2004 by the fusion of the
South African AngloGold and the Ghanaian Ashanti
Goldfields Corporation.
14. Change In Gold Price From 1900 To 2020
This statistic displays the annual average gold price from 1900 to 2020, in U.S.
dollars per troy ounce.
In 2020, one troy ounce of gold had an annual average price of 1,769.64 U.S.
dollars.
Gold market and industry
From 2012 to 2018, the annual average gold price dropped from 1,668.98 U.S.
dollars per troy ounce to 1,268.49 U.S. dollars per troy ounce, with a slight
growth to approximately 1,400 U.S. dollars per troy ounce in 2019.
In 2020 the figure rebounded to a record 1,769.64 U.S. dollars per ounce.
The average price has grown significantly from the early 2000s with an annual
average price of 279 U.S. dollars per troy ounce in 2001 up to the record high
in 2020.
Similarly, the costs of mining gold have risen considerably in recent years. In
2005, mining costs totaled 280 U.S. dollars per troy ounce and increased to
566 U.S. dollars per troy ounce in 2010.
As of 2019, for example, Canadian company Barrick Gold reported an average
realized gold price of 1,396 dollars per ounce.
15. Gold Pricing Determinants
Gold is a metal that is considered malleable, ductile, and is known for its bright lustrous yellow color.
This transition metal is highly valued as a precious metal for its use in coins, jewelry, and in
investments.
Gold was also once used as a standard for monetary policies between different countries.
The price of gold is determined by daily fixings where participants agree to buy or sell at a set price
or to maintain the price through supply and demand control.
For gold, companies like Barclays Capital, Générale, HSBC, and Deutsche Bank are members in
gold fixing at the London Bullion Market Association.
16. Monthly Prices For Gold Worldwide 2011-
2021
As of April 2021, the London (morning fixing) price of an ounce of gold cost an average of
1,758.8 U.S. dollars, up from the average monthly morning fixing price of 1,680.03 U.S.
dollars per ounce in April 2020.
London fixing gold price
In January 2020, the average price for an ounce of fine gold was 1,560.67 U.S. dollars.
It increased to 1,869.675 U.S. dollars as of January 2021.
Although the monthly price for fine gold fluctuates, the average annual price of fine gold
is gradually increasing.
In 2001, the price for one ounce of gold was 271 U.S. dollars, and by 2012 the price had
risen to some 1,670 U.S. dollars. By 2020, the annual average gold price was 1,769.64
U.S. dollars per ounce. In 2019, global gold demand reached 4,355.7 metric tons
worldwide.
Gold demand decreased to 3,759.6 metric tons in 2020 as a result of the coronavirus
pandemic, which was the first year since 2009 to have demand under 4,000 metric tons.
17. Price Determinants Of Fine Gold
Fine gold is considered to be almost pure gold where the value of the
metal depends on the percentage of fineness.
Twenty-four carat gold is considered fine gold (from 99.9 percent gold by
mass and higher).
London Gold Fix acts as a benchmark for the price of gold. The price
of gold is set by the members of the London Gold Market Fixing Ltd
undertaken by Barclays and its other members.
The price is determined twice per business day at 10:30 am and 3:00 pm
based on the London bullion market in order to settle contracts within the
bullion market.
The price is based on the equilibrium point between supply and demand
agreed upon by participating banks.
Gold prices must remain flexible and gold fixing provides an instantaneous
price at specified times.
18. Average Prices For Gold Worldwide From 2014 To
2025(in Nominal U.S. Dollars Per Troy Ounce)
19. Average Prices For Gold Worldwide From
2014 To 2025
This statistic depicts the average annual prices
for gold from 2014 through 2025.
In 2019, the average price for gold stood at
1,392 nominal U.S. dollars per troy ounce.
