| Product Name | Gold |
| HS Code | 71131910 |
| Molecular Weight | 196.96657 u |
| Chemical Formula | Au |
| Synonyms | 7440-57-5 |
| Region/Countries for which Data is available | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | Our services can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after service delivery |
Request for Real Time Gold Prices: https://www.procurementresource.com/resource-center/gold-price-trends/pricerequest
Gold is a metal that has fundamentally a little bright reddish golden colour and has Au as the symbol in the periodic table. Gold has a molecular weight of around 196.966 g/mol. Gold is a less reactive metal and stays solid in normal circumstances. Because gold is the finest form of metal, it is ductile and malleable. By removing the metal from the ores and crushing them, gold can then be refined chemically and electrolytically.
China, which houses roughly 10% of the world’s population, is the largest gold producing country. Australia and Russia, on the other hand, follow China as the next-biggest gold producers in the world.
Key Details About the Gold Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the potato price and cement price etc. in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The gold price chart, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Gold Price Trend:
There are several applications of gold price trend in the commercial sector that influence the price trend such as in the manufacturing of coins, jewellery, dental fillings, and in some cuisines as well. Gold is also employed in the production of electronic products like wires, connectors, and connection strips.
Key Players:
- New Gold Inc.
- Barrick Gold Corporation
- AngloGold Ashanti Limited
- Harmony Gold Mining Company Limited
- NOVAGOLD Resources Inc
- Gabriel Resources Ltd.
- Golden Star Resources Ltd.
- Freeport-McMoRan Inc. (FCX)
News and Events:
- September 16, 2022: In India, the price of gold decreased by around 0.16 percent, or to INR 49,231 per 10 grammes, from its previous level of INR 50,000 per gramme.
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About Us:
Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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