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"gone up" is a correct and usable phrase in written English.
You can use it to describe something that has increased or risen in value. For example, "The price of gas has gone up significantly since last month."
Dictionary
gone up
verb
Past participle of go up
Exact(60)
Today they've gone up.
"Everything's gone up.
Prices have gone up.
Inflation has gone up.
It has gone up.
It's gone up.
It hasn't gone up.
Co-pays have gone up.
Their payment has gone up.
The netting had gone up.
Crime has not gone up.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com