Gold Priced in World Currencies in 2015.
Gold closed 2015 down three years in a row vs. the U.S. Dollar; but higher against many major currencies two years in a row.Gold hit all time highs against the Brazilian Real and Turkish Lira during 2015.
Gold vs. Major World Currencies in 2015.
U.S. Dollar strength masked gold’s gains against global currencies in 2015.
While gold fell against the U.S. dollar in 2015, gold hit all time highs during 2015 against some currencies, especially those dependent heavily on exporting natural resources and those experiencing political instability or currency devaluations.
Here are some charts showing gold priced in world currencies and against the dollar in 2015:
Gold vs. the United States Dollar – (down 10.5% in 2015) (down 1.8% in 2014)
The Federal Reserve’s threat to raise interest rates and the supposed strength of the U.S. economy kept the U.S. dollar strong against other currencies and gold in 2015.
Gold drifted lower most of the year vs. the dollar in anticipation of a Federal Reserve interest rate hike.
Gold vs. the Argentine Peso – (up 36.58% in 2015) (up 31% in 2014)
Gold soared against the Argentine peso after the new government devaulued the peso in December 2015.
Gold vs. the Australian Dollar – (up 0.5% in 2015) (up 7.7% in 2014)
Gold rose for the second year in a row in 2015 against the Australian Dollar. At one point during the third quarter of 2015, gold was within about $150 of the all time high gold price of $1806 an ounce in Australian dollars.
Gold vs the Brazilian Real – (up 33.2% in 2015)
Gold hit an all time high against the Brazilian Real in the third quarter of 2015 and was up over 33% on the year against the Brazilian Real
Gold vs. the British Pound – (down 5.9% in 2015) (up 5% in 2014)
Gold fell about 5.9% vs. the British pound in 2015 after rising 5% in 2014.
Gold vs. the Canadian Dollar – (up 7.3% in 2015) (up 7.9% in 2014)
Gold rose for the second year in a row against the Canadian Dollar in 2015. Gold at one point during the third quarter was within about $330 from the all time high Canadian price of $1,883 per ounce.
Gold vs. the Chinese Renminbi – (down 6.2% in 2015) (up 1.2% in 2014)
Gold fell about about 6% in 2015 against the Chinese Renminbi despite a series of Renminbi devaulations during the year.
Gold vs. the European Euro – (down 0.7% in 2015) (up 12.1% in 2014)
Gold was flat vs the Euro in 2015 after rising over 12% in 2014.
Gold vs. the Indian Rupee – (down 5.7% in 2015) (up 1% in 2014)
In a volatile year, gold ended down 5% against the Rupee in 2015.
Gold vs. the Japanese Yen – (down 9.9% YTD in 2015) (up 12.3% in 2014)
Gold fell about 10% against the Japanese Yen in 2015 after rising 12% in 2014.
Gold vs. the Russia Ruble – (up 10.5% in 2015) (up 79% in 2014)
Gold rose over 10% against the Russian Rouble in 2015, after rising nearly 80% in 2014. Despite the falling rouble, the Russian Central Bank continued to add gold to its reserves as it sold some of its U.S. Treasury Holdings.
Gold vs. the Swiss Franc – (down 10.8% in 2015) (up 9.9% in 2014)
Gold was down against the Swiss Franc in 2015.
Gold vs. the Syrian Pound – (up 11% in 2015) (up 28% in 2014)
Gold was up againt the Syrian pound in 2015 after rising 28% in 2014 in the war torn country.
Gold vs. the Turkish Lira – (up 11.73% in 2015)
Gold hit an all time high against the Turkish Lira in the third quarter of 2015 and rose nearly 12% in 2015.
Gold vs. the Ukraine Hryvnia – (up 28% in 2015) (up 90% in 2014)
Gold was up again in 2015 aginst the Ukraine Hryvnia after rising 90% in 2014.
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