Look at the gold price last year using this chart from GoldCore. You can see the gold price last year priced in pounds, or adjust the dropdowns to see it in euros, US dollars or Australian dollars.
If you bought gold bullion last year then you may well know what the gold price last year was. But if you bought it a few years before, or maybe a few months ago from today then the chances are you don’t know. This is because usually when people choose to buy gold bars or buy gold coins, they do not do it so they can then sit and watch the price. They do it because it’s actually quite boring. Gold does very, very little. Gold is attractive because it is everything else that makes the drama, allowing gold to quietly remind us why it is needed.
The gold price last year over 3, 6 or 12 months say, can tell us two things:
From this we can see how the value of our portfolio changed. We might also decide that we can extrapolate from that chart how the gold price will react to similar geopolitical or unforeseen events that may have happened in that time period.
However, the one thing that a gold price chart definitely cannot do is predict the gold price. It can only show you the gold price last year, or 5 years ago, or ten years ago etc. And this is ok because we don’t buy gold in order to make a quick buck. We buy gold bars and we hold gold coins because we want to hold it in the long-term to protect the value of our diversified portfolio.
The difference between deciding to buy gold bars today or buying gold coins tomorrow is not going to be the difference between a profit-making and a loss-making portfolio. You should look at the price of gold from an affordability perspective, and ask how much gold you can afford to buy. If you would like to own more gold than you can currently afford then why not look into our gold saver plan, Ireland’s first gold accumulation account.
If you'd like to include Gold in your portfolio but need some assistance, please contact GoldCore by chat, email, or phone, and our knowledgeable team would be happy to help.
It has been a lot, these last few weeks, let alone the last 24 hours or so. Even allowing for the fact that markets have been living at a higher emotional temperature for some time, the opening stretch of 2026 has felt unusually dense. Gold and silver prices have moved sharply in both directions, sometimes […]
At the time of writing gold and silver had pulled back slightly, even as wider risk appetite has improved late in the week. Gold has eased back toward the $5,080 area, while March silver has slipped under $83, with traders watching a familiar cocktail of trade headlines and rate-cut speculation. We have also seen fresh […]
Huge Gold Moves From London to New York
Gold Nears $3,000 – What Happens Next?
Is the U.S. About to Revalue Gold? What It Means for You!