Loading...
Market
How much will the spot gold price change by the end of 2024?
3
Resolution / Starting Odds
Increase by more than 10% • 25%
Increase by 0-10% • 25%
Decrease by 0-10% • 25%
Decrease by more than 10% • 25%
Gold spot price as reported by major financial news sources like Bloomberg or Reuters
Story
400-Ounce Gold Bar Surpasses $1 Million Amid 32% Price Surge
Aug 20, 2024, 04:45 PM
The price of a standard 400-ounce gold bar has reached a historic milestone, now valued at over $1 million. This marks the first time in U.S. history that a gold bar has surpassed this valuation. The surge in gold prices is attributed to economic uncertainty and its role as a hedge against inflation, making it increasingly popular among investors and central banks. Over the past year, the value of a gold bar has increased by 32%, with spot gold prices closing above $2,500 per ounce, setting a new all-time high. Year-to-date, gold has risen by 23%, outpacing the S&P 500's 18% increase.
View original story
Similar markets
Below $2,300 • 25%
$2,300 - $2,400 • 25%
$2,400 - $2,500 • 25%
Above $2,500 • 25%
Below $2,300 • 25%
$2,300 - $2,350 • 25%
$2,350 - $2,400 • 25%
Above $2,400 • 25%
Below $2,350 • 25%
$2,350 - $2,400 • 25%
$2,400 - $2,450 • 25%
Above $2,450 • 25%
Below $2,400 • 25%
$2,400 - $2,600 • 25%
$2,600 - $2,800 • 25%
Above $2,800 • 25%
Below $1,800 per ounce • 25%
$1,800 - $2,000 per ounce • 25%
$2,000 - $2,200 per ounce • 25%
Above $2,200 per ounce • 25%
Below $2,500 • 25%
$2,500 to $2,750 • 25%
$2,751 to $3,000 • 25%
Above $3,000 • 25%
Above $2,200 per ounce • 25%
Between $2,000 and $2,200 per ounce • 25%
Between $1,800 and $2,000 per ounce • 25%
Below $1,800 per ounce • 25%
Increase by more than 10% • 25%
Increase by 0-10% • 25%
Decrease by 0-10% • 25%
Decrease by more than 10% • 25%
Below $2,500 • 25%
$2,500 - $2,700 • 25%
$2,701 - $2,900 • 25%
Above $2,900 • 25%
Below $2,500 • 25%
$2,500 - $2,750 • 25%
$2,750 - $3,000 • 25%
Above $3,000 • 25%
Below $2,500 • 25%
$2,500 - $2,750 • 25%
$2,750 - $3,000 • 25%
Above $3,000 • 25%
Below $2,500 • 25%
$2,500 - $2,600 • 25%
$2,600 - $2,700 • 25%
Above $2,700 • 25%