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Since the initial rate hike in 2022, the price of gold has skyrocketed, increasing by more than 150% to hit a record-breaking $5,000 per troy ounce last month.—Sasha Rogelberg, Fortune, 11 Feb. 2026 JPMorgan Chase expects gold prices to hit $6,300 a troy ounce by the end of 2026.—John Towfighi, CNN Money, 6 Feb. 2026 After all, even after surpassing numerous price records in recent years, gold only started 2025 priced around $2,600 per troy ounce.—Matt Richardson, CBS News, 5 Jan. 2026 The yellow metal climbed above a record high $4,500 a troy ounce on Monday.—Cnn.com Wire Service, Mercury News, 25 Dec. 2025 In mid-October, those commodities reached record prices, topping $4,300 per troy ounce for gold and $54 for silver.—Christopher Bonanos, Curbed, 21 Oct. 2025 Over time, fiscal policies have created a sharp divergence in total purchasing power between $1 and a troy ounce of gold.—Marc Guberti, Sacramento Bee, 26 Feb. 2025 Most actively traded gold futures for December delivery slid 1.7% to $1,944.70 a troy ounce on the Comex division of the New York Mercantile Exchange.—Amrith Ramkumar, WSJ, 2 Sep. 2020 During the classical gold standard era—from 1879 to 1914 in the US—one troy ounce of gold fetched $21.—Gwynn Guilford, Quartz, 3 July 2019
Word History
Etymology
Middle English troye, probably from Troyes, France