diff --git a/benchmarks/README.md b/benchmarks/README.md
index 36300e4d1..740e24682 100644
--- a/benchmarks/README.md
+++ b/benchmarks/README.md
@@ -17,8 +17,9 @@ java -jar ./benchmarks/target/benchmarks.jar CounterBenchmark
 
 See Javadoc of the benchmark classes:
 
-* [CounterBenchmark](https://github.com/prometheus/client_java/blob/1.0.x/benchmarks/src/main/java/io/prometheus/metrics/benchmarks/CounterBenchmark.java)
-* [HistogramBenchmark](https://github.com/prometheus/client_java/blob/1.0.x/benchmarks/src/main/java/io/prometheus/metrics/benchmarks/HistogramBenchmark.java)
+* [CounterBenchmark](https://github.com/prometheus/client_java/blob/main/benchmarks/src/main/java/io/prometheus/metrics/benchmarks/CounterBenchmark.java)
+* [GaugeBenchmark](https://github.com/prometheus/client_java/blob/main/benchmarks/src/main/java/io/prometheus/metrics/benchmarks/GaugeBenchmark.java)
+* [HistogramBenchmark](https://github.com/prometheus/client_java/blob/main/benchmarks/src/main/java/io/prometheus/metrics/benchmarks/HistogramBenchmark.java)
 
 ## What Prometheus Java client optimizes for
 
diff --git a/benchmarks/pom.xml b/benchmarks/pom.xml
index f9d2f1866..4546227df 100644
--- a/benchmarks/pom.xml
+++ b/benchmarks/pom.xml
@@ -19,7 +19,7 @@
         <jmh.version>1.37</jmh.version>
         <simpleclient.version>0.16.0</simpleclient.version>
         <codahale.version>3.0.2</codahale.version>
-        <opentelemetry.version>1.30.1</opentelemetry.version>
+        <opentelemetry.version>1.38.0</opentelemetry.version>
     </properties>
 
     <licenses>
diff --git a/benchmarks/src/main/java/io/prometheus/metrics/benchmarks/GaugeBenchmark.java b/benchmarks/src/main/java/io/prometheus/metrics/benchmarks/GaugeBenchmark.java
new file mode 100644
index 000000000..f9fc4cc95
--- /dev/null
+++ b/benchmarks/src/main/java/io/prometheus/metrics/benchmarks/GaugeBenchmark.java
@@ -0,0 +1,141 @@
+package io.prometheus.metrics.benchmarks;
+
+import io.opentelemetry.api.OpenTelemetry;
+import io.opentelemetry.api.common.AttributeKey;
+import io.opentelemetry.api.common.Attributes;
+import io.opentelemetry.api.metrics.*;
+import io.opentelemetry.sdk.OpenTelemetrySdk;
+import io.opentelemetry.sdk.metrics.SdkMeterProvider;
+import io.opentelemetry.sdk.resources.Resource;
+import io.opentelemetry.sdk.testing.exporter.InMemoryMetricReader;
+import io.prometheus.metrics.core.datapoints.GaugeDataPoint;
+import io.prometheus.metrics.core.metrics.Gauge;
+import org.openjdk.jmh.annotations.*;
+
+/**
+ * Results on a machine with dedicated 8 vCPU cores:
+ * <pre>
+ * Benchmark                                                        Mode  Cnt      Score      Error  Units
+ * i.p.metrics.benchmarks.GaugeBenchmark.openTelemetryDoubleGauge  thrpt   25   1673.376 ±  129.696  ops/s
+ * i.p.metrics.benchmarks.GaugeBenchmark.openTelemetryLongGauge    thrpt   25   1638.250 ±   48.570  ops/s
+ * i.p.metrics.benchmarks.GaugeBenchmark.prometheus                thrpt   25  56532.523 ± 1048.815  ops/s
+ * i.p.metrics.benchmarks.GaugeBenchmark.simpleclient              thrpt   25  16201.762 ±  140.938  ops/s
+ * </pre>
+ */
+
+public class GaugeBenchmark {
+
+    @State(Scope.Benchmark)
+    public static class PrometheusGauge {
+
+        final Gauge noLabels;
+        final GaugeDataPoint dataPoint;
+
+        public PrometheusGauge() {
+            noLabels = Gauge.builder()
+                    .name("test")
+                    .help("help")
+                    .build();
+
+            Gauge labels = Gauge.builder()
+                    .name("test")
+                    .help("help")
+                    .labelNames("path", "status")
+                    .build();
+            this.dataPoint = labels.labelValues("/", "200");
+        }
+    }
+
+    @State(Scope.Benchmark)
+    public static class SimpleclientGauge {
+
+        final io.prometheus.client.Gauge noLabels;
+        final io.prometheus.client.Gauge.Child dataPoint;
+
+        public SimpleclientGauge() {
+            noLabels = io.prometheus.client.Gauge.build()
+                    .name("name")
+                    .help("help")
+                    .create();
+
+            io.prometheus.client.Gauge gauge = io.prometheus.client.Gauge.build()
+                    .name("name")
+                    .help("help")
+                    .labelNames("path", "status")
+                    .create();
+
+            this.dataPoint = gauge.labels("/", "200");
+        }
+    }
+
+    @State(Scope.Benchmark)
+    public static class OpenTelemetryGauge {
+
+        final LongGauge longGauge;
+        final DoubleGauge doubleGauge;
+        final Attributes attributes;
+
+        public OpenTelemetryGauge() {
+
+            SdkMeterProvider sdkMeterProvider = SdkMeterProvider.builder()
+                    .registerMetricReader(InMemoryMetricReader.create())
+                    .setResource(Resource.getDefault())
+                    .build();
+            OpenTelemetry openTelemetry = OpenTelemetrySdk.builder()
+                    .setMeterProvider(sdkMeterProvider)
+                    .build();
+            Meter meter = openTelemetry
+                    .meterBuilder("instrumentation-library-name")
+                    .setInstrumentationVersion("1.0.0")
+                    .build();
+            this.longGauge = meter
+                    .gaugeBuilder("test1")
+                    .setDescription("test")
+                    .ofLongs()
+                    .build();
+            this.doubleGauge = meter
+                    .gaugeBuilder("test2")
+                    .setDescription("test")
+                    .build();
+            this.attributes = Attributes.of(
+                    AttributeKey.stringKey("path"), "/",
+                    AttributeKey.stringKey("status"), "200");
+        }
+    }
+
+    @Benchmark
+    @Threads(4)
+    public GaugeDataPoint prometheus(RandomNumbers randomNumbers, PrometheusGauge gauge) {
+        for (int i=0; i<randomNumbers.randomNumbers.length; i++) {
+            gauge.dataPoint.set(randomNumbers.randomNumbers[i]);
+        }
+        return gauge.dataPoint;
+    }
+
+    @Benchmark
+    @Threads(4)
+    public DoubleGauge openTelemetryDoubleGauge(RandomNumbers randomNumbers, OpenTelemetryGauge gauge) {
+        for (int i=0; i<randomNumbers.randomNumbers.length; i++) {
+            gauge.doubleGauge.set(randomNumbers.randomNumbers[i], gauge.attributes);
+        }
+        return gauge.doubleGauge;
+    }
+
+    @Benchmark
+    @Threads(4)
+    public LongGauge openTelemetryLongGauge(RandomNumbers randomNumbers, OpenTelemetryGauge gauge) {
+        for (int i=0; i<randomNumbers.randomNumbers.length; i++) {
+            gauge.longGauge.set(1, gauge.attributes);
+        }
+        return gauge.longGauge;
+    }
+
+    @Benchmark
+    @Threads(4)
+    public io.prometheus.client.Gauge.Child simpleclient(RandomNumbers randomNumbers, SimpleclientGauge gauge) {
+        for (int i=0; i<randomNumbers.randomNumbers.length; i++) {
+            gauge.dataPoint.set(randomNumbers.randomNumbers[i]);
+        }
+        return gauge.dataPoint;
+    }
+}