The stock price of gold has exceeded $4,400 per ounce for the first time in history.

Axar.az reports that this was confirmed by trading data on the New York Mercantile Exchange (COMEX).

Thus, on December 18, at 20:29 Baku time, February futures of the precious metal increased by 0.79% to $4,408.6 per ounce. The previous price was recorded at $4,398 per ounce.

Since the beginning of 2025, the stock prices of gold have increased by more than 60%, and silver by 116%.

According to Bloomberg, in 2025, gold recorded its best annual growth rate since 1979. As the agency explained, these rates were supported by active purchases by central banks and investors' outflows from bonds and currencies.