Cost of 1 oz of gold
Industry-specific and extensively researched technical data partially from exclusive partnerships. A paid subscription is required for full access. You need a Premium Account for unlimited access. Additional Information.
Gold tops $1,900, looking 'a bit bubbly'
Industry-specific and extensively researched technical data partially from exclusive partnerships. A paid subscription is required for full access. You need a Premium Account for unlimited access. Additional Information. Show source. Show sources information Show publisher information.
Financial Markets. As a Premium user you get access to the detailed source references and background information about this statistic. As a Premium user you get access to background information and details about the release of this statistic. This feature is limited to our corporate solutions. Please contact us to get started with full access to dossiers, forecasts, studies and international data.
You only have access to basic statistics. This statistic is not included in your account. We use cookies to personalize contents and ads, offer social media features, and analyze access to our website. In your browser settings you can configure or disable this, respectively, and can delete any already placed cookies.
Please see our privacy statement for details about how we use data. Single Accounts Corporate Solutions Universities. Popular Statistics Topics Markets. Premium statistics. Read more. This statistic shows the fluctuation of the price of gold per troy ounce from to A troy ounce is the international common unit of weight used for precious metals and is approximately At the end of , a troy ounce of gold cost Price of — additional information In the price of gold was at its lowest since , with a troy ounce of gold costing Since then gold prices have been rising and after the economic crisis of the price of gold rose at higher rates than ever before as the market began to see gold as an increasingly good investment.
History has shown that time and time again, gold is seen as a good investment in times of uncertainty because it can or is thought to function as a good store of value against a declining currency as well as providing protection against inflation. However unlike other commodities, once gold is mined it does not get used up like other commodities for example, such as gasoline.
So while gold may be a good investment at times, the supply demand argument does not apply to gold. Nonetheless, the demand for gold has been mostly consistent. Price of gold per troy ounce from to in U.
Full access to 1m statistics Incl. Premium Account. View for free. Show detailed source information? Register for free Already a member? Log in. Show sources information. Show publisher information. More information. Other statistics on the topic. Financial Markets Value of gold reserves , by country. Profit from additional features with an Employee Account. Please create an employee account to be able to mark statistics as favorites.
Then you can access your favorite statistics via the star in the header. Profit from additional features by authenticating your Admin account. Then you will be able to mark statistics as favourites and use personal statistics alerts. Save statistic in. XLS format. PNG format.
PDF format. Show details about this statistic. Exclusive Premium functionality. Register in seconds and access exclusive features. Full access: To this and over 1 million additional datasets Save Time: Downloads allow integration with your project Valid data: Access to all sources and background information.
Exclusive Corporate feature. Corporate Account. Statista Accounts: Access All Statistics. Basic Account. Your perfect start with Statista. Corporate solution including all features. Statistics on " Gold as an investment ". The most important statistics. Further related statistics. Further Content: You might find this interesting as well.
Learn more about how Statista can support your business. World Gold Council. January 2, In Statista. Accessed May 10, Statista Inc.. Accessed: May 10, World Gold Council, Price of gold per troy ounce from to in U.
Gold Price per Kilo. May 09, at NY Time.
They are produced either as cast or minted bars. Because 1 oz gold bars are manufactured from a variety of refineries and government mints, their look and feel can vary. Gold bullion bars are some of our biggest selling gold bullion formats in the U. They are competitive from a price point of view and very suitable for both insured delivery and secure storage. Gold bars that are one ounce can make nice gifts but are better bought as an investment or a store of value since they are conveniently sized, affordably priced, and are well-known in domestic and in international markets.
The current price per unit of weight and currency will be displayed on the right.
America's trusted name in coin and bullion trading for 50 years. In addition to these charts, other tools and chart information is available from Monex:.
Price of gold per troy ounce 1990-2019
By creating an account, you are agreeing to the Terms of Service and the Privacy Policy. To the right are live gold spot prices per troy ounce, gram, and kilogram. You can also see hour trends for each weight. Share live gold prices with your website followers or on your blog, using our free gold price widget. To get started, please select one of the size dimensions from the drop-down menu below, and copy the code from the Widget Code text box and paste it into the desired position in your page.
Gold Price per Ounce
The latest price of gold per ounce, gram, and kilogram using real-time interactive gold price charts. View the price of gold for different currencies around the world and various time periods. Historical gold prices are provided for context and to help inform investment decisions. By hovering your mouse within the graph of the gold prices chart you can also view the price of gold for specific days. For example, I sold my gold and silver coin collection at high levels in because there was so much enthusiasm in the space It does not generate any cash flows, which we could discount. Market sentiment is powerful in the precious metals market — but the same applies to other markets There are many factors that contribute to the current price of gold. The importance of each of these factors on gold prices varies depending on the current economic environment. The key factors that impact the price of Gold are:.
African Rand www. This is a classification of specific metals that are considered rare and have a higher economic value compared to other metals.
Spot gold gained by 0. Read on. The above chart displays what the gold price per Troy ounce is right now in GBP.
Current Price of Gold Today
Gold was extracted in Egypt as early as B. This shows that people have always been fascinated by gold and by its rarity, durability and beauty. Because of its properties, gold is also one of the most important industrial raw materials. The yellow precious metal is easily workable and conducts electricity and heat. Because of its excellent conductivity, gold is used particularly in the electrical industry. Gold has also been used in dental technology for around years. However, gold is used most frequently in the jewelry industry. This line of business accounts for around 75 per cent of the gold worked. Apart from the Antarctic, where mining is not allowed due to international regulations, the precious metal is mined on all continents. With a market share of 16 per cent, South Africa is the most important producer of gold.
Gold Price Today
While experts aren't too worried about each new milestones, they are starting to freak out about the rapid speed at which prices are hitting them. It climbed steadily week after week, sucked everyone in, and then the whole deck of cards came crashing down. While the "parabolic surge" in the price of gold over the last couple of months is concerning, Lloyd Thomas, professor of economics at Kansas State University, says the rise is also worrisome over a longer period of time. He noted that inflation has only picked up 2. However, some experts like Adam Klopfenstein, senior market strategist at MF Global, argue that they won't worry about a gold bubble until prices surpass their inflation-adjusted high. That said, he's far from in a rush to buy gold at these lofty prices. But when that might be is anyone's guess. Click the chart to check the price of gold and other commodities. US Indexes Market Movers. Sponsored by.
