The term "gold prices" refers to the current market value or price of gold, which is a precious metal that has been used for currency and as a store of value for thousands of years. The price of gold fluctuates based on various factors such as global economic conditions, inflation rates, interest rates, geopolitical events, and supply and demand dynamics in the market. Gold prices are typically quoted in US dollars per ounce or gram, but can also be expressed in other currencies depending on where the transaction is taking place.