About Gold Prices
Gold has been used as a store of value for thousands of years. The gold spot price represents the current market price for one troy ounce of pure gold (999.9 fine). Gold is traded 24 hours a day, 5 days a week on global markets. It is widely used as a hedge against inflation and currency devaluation.
❓ Gold FAQs
What is the gold price today?+
The live gold spot price is shown above and updates every minute. Gold is priced in USD per troy ounce on global commodity exchanges.
What is gold spot price?+
The spot price is the current price for immediate delivery of gold. It differs from futures prices which are for delivery at a future date.
What is the gold price per gram?+
Divide the troy ounce price by 31.1035 to get the gram price. Our converter above calculates this instantly.
Why does the gold price change?+
Gold prices are affected by USD strength, inflation, interest rates, geopolitical events, and central bank buying activity.