Gold per ounce price

The price of gold is moved by a combination of supply, demand, and investor behavior. That seems simple enough, yet the way those factors work together is sometimes counterintuitive. For instance, many investors think of gold as an inflation hedge. As it happens, gold mining doesn't add much to supply from year to year.

What Moves Gold Prices?

JavaScript seems to be disabled in your browser. You must have JavaScript enabled in your browser to utilize the functionality of this website. The precious metals market is always fluctuating.

Every second, the price of gold either rises or falls in response to the market. This is referred to as the spot prices and relates to how much one raw ounce of a particular metal sells for on the market at a certain moment in time. For your convenience, we have provided charts and tools to help you keep up to date with the spot price of some of our most popular precious metal offerings in real-time.

From a microscopic one-hour view to data gathered over the course of a year, our goal is to give you the tools you need to make the most informed investment decisions possible. Simply navigate to the list below and click on the metal of your choice to access its chart. You can also scroll over the chart itself to see price points at specific moments. Timing is crucial when dealing with precious metals. Lucky for you, Bullion Exchanges is on your side. We offer you the chance to set customized alerts and notifications that will ping you once gold reaches your targeted price.

These features give you the possibility to take immediate action, whether your intention is to buy gold while its price is low or sell it once its price has reached a significant high. Never miss another market or price opportunity! Simply enter your e-mail address and select a password, and you will be ready to create and receive personalized gold price alerts for free. These will help you make informed decisions about entering or exiting the gold market! Price alerts are ideal for you.

Set them up to receive gold price alerts to your e-mail when a particular gold product reaches your targeted price. Once this product hits the desired threshold, you will get gold price alerts by email, so you can act as quickly as possible.

Who has the time to constantly monitor the market? When creating an account, you can also sign up to receive newsletters, daily deal alerts, and product price alerts. Gold is a leading globally bartered asset that is traded on numerous futures markets. COMEX is the essential business sector for exchanging metals, such as gold, silver, copper, and platinum. Once known as the Commodity Exchange Inc. When determining the spot price of gold, it is important to note that the calculation is based on the front-month futures contract which is traded on the COMEX.

Approximately The gold spot price per ounce is influenced by various factors, including these major ones:. With a rich history amongst almost all global cultures, gold remains a highly popular investment. Although it has multiple uses, its primary function is typically to hedge against inflation in an often volatile futures market, as well as to diversify existing Precious Metals Investment Retirement Accounts.

Gold has been one of the most valuable precious metals throughout human history, used by elites as a symbol of wealth for centuries due to its rarity and its ability to hold its worth for a long time.

Gold is considered a worthy investment, with coins and bars available for purchase in various sizes, ranging from one gram to a whopping ounces. At Bullion Exchanges, we carry a wide selection of gold products to suit the likes of both savvy investors and passionate collectors.

Being the most reliable investment commodity available, gold has proven to be a perfect way to diversify your investment portfolio and an excellent safeguard against volatile currency.

Yes, the price of gold in India, China, Brazil, Australia, Russia, or any other country in the world would be the same as the price of gold in the United States at any particular time. In the absence of the same gold spot price worldwide, an arbitrage-free market could not be possible. It is the number of ounces of silver required to buy one ounce of gold. This enables investors to determine whether it is a favorable time or not for either buying or selling one of these commodities.

The Ask price is the lowest gold price which a dealer agrees to when selling gold to a buyer. The Bid price is the highest price which a dealer agrees to pay when buying from an investor who is selling gold in the market. In other words, if you intend to buy gold from a dealer, you will pay the ask price, but if you wish to sell your previously purchased gold to the dealer, you will pay the bid price. The difference between Bid and Ask prices is referred to as bid-ask spread, or simply, the spread.

The gold spot price is the cost at which a product can be executed and delivered on right now. It does not consider the premium or added cost of a bullion coin well beyond the market estimation of the metal content the commodity encompasses.

A manufacturer marks up the price due to the minting costs and sells it to a dealer. At Bullion Exchanges, we offer gold at the lowest possible markup from the spot price. We may also occasionally run deals selling gold at spot price at our discretion. Be sure to subscribe to our newsletter to stay up to date with any special offers. A standard ounce is equivalent to about Gold, however, is always measured by the troy ounce, which weighs about This standard of measurement was adopted by the United States for standard coinage in , but it was created in France during medieval times.

The gold rate is influenced by current events, market speculation, currency values, supply and demand, and buying power. Wherever one or more of these fluctuate, the price of gold changes, though in general, it has historically been quite stable. Bullion Exchanges uses cookies to improve your experience on our website BullionExchanges.

If you would like to know more, please read our Privacy Policy. My Cart: 0 item s 0. Embed this on your Website! Buy Now. Sign up for spot price alerts Market Alert Price Alert. Price of Gold Alerts Timing is crucial when dealing with precious metals. FAQs How is the gold per ounce price determined? Similarly, the price of gold tends to rise when economies struggle. In general, gold is considered more stable than fiat economies or other forms of investments, which leads to this effect.

For example, countries buying or selling gold can affect the spot price. Why should I invest in Gold? Are the gold spot prices the same no matter where I live?

What are bid and ask prices? Why can't I buy at the Gold spot price? What is the difference between an ounce and a troy ounce when looking at a price of gold chart? Why does the price of gold change so often? Have questions? Contact our precious metal experts. Mon - Fri 9am to 5pm Live Chat Customer Info. My Account. Why BE. Find What You Need. All Rights Reserved.

Gold Price Per Gram. Gold Price Per Kilo.

Spot gold gained by 0. Read on. BullionVault's gold price chart shows you the current price of gold in the professional gold bullion market. You can then use those real-time spot prices to place an order using BullionVault's live order board.

The current price per unit of weight and currency will be displayed on the right. The Current Value for the amount entered is shown.

Gold prices per ounce is a free service offered by Goldpriceoz. Gold price per Ounce today is updated once every 1 minute. Troy ounce abbreviated t oz is a mass unit of troy weight system.

BullionVault's Gold Price Chart

Gold has been considered precious throughout history, but it wasn't used for money until around B. If they found gold, they could get the government to make tradable coins out of it. Because of its value and its usefulness as currency, the evolving value of gold can be traced back as far as 30 B. This article tracks the price of gold from 30 B. Emperor Augustus, who reigned in ancient Rome from 31 B. In other words, a pound of gold could make 45 coins.

Gold Prices Today

African Rand www. This is a classification of specific metals that are considered rare and have a higher economic value compared to other metals. There are five main precious metals openly traded on various exchanges, gold is the biggest market. Gold is sometimes referred to as monetary metals as it has historical uses as a currency and is seen as a store of value. The spot gold price refers to the price of gold for immediate delivery. Transactions for bullion coins are almost always priced using the spot price as a basis. The spot gold market is trading very close to 24 hours a day as there is almost always a location somewhere in the world that is actively taking orders for gold transactions. For the high and low values, we are showing the lowest bid and the highest ask of the day.

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.

JavaScript seems to be disabled in your browser. You must have JavaScript enabled in your browser to utilize the functionality of this website. The precious metals market is always fluctuating.

Gold Price per Ounce

America's trusted name in coin and bullion trading for 50 years. If you have difficulty reaching your Monex account representative, please email us at info monex. Of all the precious metals, gold is perhaps one of the most widely known. Throughout everyday life, we see examples of people assimilating the idea that gold is tied to wealth. However, precious metals investors know that owning gold can go much further than just having a gold watch or a gold chain. Investors who choose to add this rare, beautiful metal to their portfolio understand not just the value of its popularity, but also its value as an investment. However, you will also find that it is mentioned as a commodity used to back the value of a currency. This, along with various other reasons are why investors look to add gold to their portfolios. Gold is unique. When we think of gold we often have thoughts of rare metals, beautiful jewelry, and of course, money. The remarkable thing about gold is that it can be all those things, and so much more.

Live Gold Spot Price Chart

Spot gold gained by 0. Read on. The above chart displays what the gold price per Troy ounce is right now in GBP. You can also see how much one ounce of UK gold cost in British Pounds over recent hours, days, weeks, months and years as well. The Troy weights system originated in the French city of Troyes. It was the basis for Britain's coinage in the Middle Ages. Based on the value of gold and silver, it was introduced by Henry II — who also ruled the western part of France — in the 12th Century. A pure Troy ounce contains One kilogram of fine gold contains approximately