12:04 - 12.05.2025

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May 12, Fineko/abc.az. The date of May 12, 2025 was marked by a drop in gold prices on world markets.

ABC.AZ reports that currently the price of an ounce of gold is $3273.34, which is $52.96 (1.59%) less than a day ago.

This change attracts the attention of investors and promotes cautious behavior in the market. This recession is considered as the first serious recession after a steady wave of growth in recent months.

However, long-term indicators show that gold remains stable. Over the past 30 days, the price has increased by $116.95 or +3.64%, and in 6 months - by $745.19 or +28.87%. In 1 year, gold rose by $987.80 or +42.24%, and in 5 years - by $1,609.36 or + 93.73%. The most impressive indicator has been observed over the past 20 years – an increase of $2,905.34 or +690.17%.