Price of Gold in 2015

In 2015, the price of gold decreased throughout the year (down 8%). Shares of precious metal companies also declined. Gold demand had a weak first half but fought back in the second half of the year. Many factors influenced these figures, including a decline in mining output.

Check out the following charts to see the Gold Prices in 2015 and the fluctuation of spot prices throughout that year.

Gold Prices 2015 Chart

What Impacted Gold Prices in 2015?

The mining industry saw its first annual decline in output since 2008, and the recycling industry also saw a steady decline, both of which had a negative effect on the value of gold.

Reserves at central banks were bolstered, and substantial demand came from the public sector. Demand for gold in the form of jewelry, bars, and coins was resilient in the face of difficulties.

India’s jewelry market took a hit because of the extreme weather patterns, while China’s demand was impacted by the country’s economic recession and volatile financial markets. The worldwide investment was weakened by the gold price being in a tight range and investors becoming more risk-tolerant as optimism about the US economy rose.

Daily Gold Prices (Chart)

To find the daily prices for Gold in this year, use the date filters in the chart above.

The information provided here is for educational purposes only and should not be used for speculation and investment purposes. CanAm does not guarantee that the prices shown here are correct, up-to-date, or complete, and we are not responsible for inaccuracies or omissions in this price data.

Why Is Gold a Good Investment?

Unlike government-issued fiat currencies, gold bullion is not subject to bankruptcy or default. It is an excellent hedge against stock market gyrations and other forms of economic insecurity.

Gold is a great hedge, so despite being subject to the same market volatility, gold’s reaction to economic events differs from other investments. It offers greater security and stability than most other investments.

The amount of available gold is decreasing – and the less gold available globally, the higher the value will be.

Because of its widespread acceptance and ease of exchange, gold has long been regarded as a global currency. Some bullion coins are also used as currency in their respective countries.

Buy Gold Online with CanAm

Gold is a popular investment choice, and purchasing pure Gold bars or Gold bullion is an excellent way to diversify your assets.

When you work with CanAm, you can be confident that you’ll get the best service and products. Gold will be delivered to your home quickly and affordably and always arrives discreetly and in protective packaging. Shop online today, or if you have any concerns regarding the investments we offer, feel free to give us a call.