Live Gold Spot Price Chart (2024)

Gold Price Sets New Friday Fix Record as Fed Rate-Cut Bets Jump

12 Jul 2024, 15:17:37

The PRICE of GOLD hit a new week-end record in London's bullion market today, setting a 3pm Friday benchmark above $2405 per Troy ounce as betting that the US Federal Reserve will soon start cutting interest rates grew again following yesterday's soft inflation data. Global stock markets also rose,...Read on

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Live gold prices in US Dollars, British Pounds, Euros, Japanese Yen, Australian Dollars, Canadian Dollars and Swiss Francs.

BullionVault's gold price chart shows you the current price of gold in the professional gold bullion market.

We give you the fastest updates online, with the live gold price data processed about every 10 seconds. There is no need to refresh your browser. This chart also gives you up to 20 years of historical data, so you can see the long-term gold price trends. Live and historic data is available in seven different currencies.

You can then use those real-time spot prices to place an order using BullionVault's live order board, selecting your gold market from Zurich, London, New York, Toronto or Singapore.

On BullionVault you can buy gold in US Dollars, Euros, British Pounds and Japanese Yen.

Live Gold Spot Price

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Gold Price Chart FAQ

This gold price chart is a live feed of the spot price in the wholesale market. It closes over the weekend and public holidays. BullionVault, on the other hand, never shuts. It allows you to trade gold 24 hours a day, every day of the year.

Set a custom gold price alert on the website or app to be emailed or notified whenever the gold price moves through your chosen value.

Yes, BullionVault gives you direct access to wholesale gold, silver, platinum and palladium at live professional-market prices, starting from as little as 1 gram at a time.

It's important to understand that the spot price shown above on BullionVault's chart is provided for reference. Like the spot price published by other sources (such as Reuters or Bloomberg) it represents the average of many wholesale quotes, and – crucially – it represents the average of those quotes' mid-points.

Spot, in other words, doesn't necessarily reflect a price you might actually get from any individual bank or dealer, and it cannot reflect the spread between prices to buy and prices to sell.

For private investors, only BullionVault gives you direct access to that trading spread, enabling you to set or accept prices as you choose using our live Order Board.

You will benefit from the lowest costs for buying, selling and storing gold. You can also calculate commission and gold storage fees using our cost calculator

The Daily Price of gold is determined by London's biggest bullion banks, who agree on a price to clear their outstanding client and inhouse orders at a fixed time each day. The London Bullion Market Association publishes this price on its website.

The price is determined on UK working weekdays at 3pm London time for gold (midday for silver, 2pm for platinum and palladium). The prices are made public at midnight. Orders are processed shortly after the price is determined using a provisional, estimated price, and then adjusted to the published price on the following working day. Place your order for gold by 2:35pm to secure the daily price shown (11:40am for silver, 1:35pm for platinum and palladium).

No Daily Price is published on Saturday and Sunday, or on certain UK public holidays.

Yes. Ordering at the Daily Price is an easy way to buy and sell gold. Tell us how much you want to trade and we'll do the rest for you.

The actual bullion and cash normally take two working days to settle to your account. For a purchase, your funds stay in your account and are reserved until the bullion is settled. Likewise for a sale, the bullion you are selling is reserved in your account until you receive the cash, typically after two working days.

Open orders are only executed on days when an appropriate gold price is published.

The Daily Price of gold is published in troy ounces in US Dollars, Euros and British Pounds (1 troy oz = 0.0311034768 kg). On BullionVault, you place orders in kilograms. We convert the as-published price of gold per ounce to a price of gold per kg and round up to the nearest Dollar, Euro or Pound. We use the same gold price per kg for buying and for selling with no spread.

Many factors impact the changing price of gold, including supply and demand, central bank monetary policy, inflation and the performance of stock markets and bonds.

Articles and analysis exploring gold and its relationship with the financial markets are published on BullionVault's Gold News each day. Additionally, once you open a BullionVault account, you can opt-in to receive the Weekly Market Update. This weekly email explores and discusses current movements in silver, platinum, palladium and gold prices and the reasons behind them.

BullionVault is the world's largest online investment gold, silver, platinum and palladium service, currently taking care of some $4.1 billion for more than 100,000 users. Precious metals bought through BullionVault are securely stored in large wholesale bars.

Yes. You can monitor the current price of gold today by changing the chart scale to 10 minutes, 1 hour, 6 hours or 1 day. You can also keep track of the gold price on your iPhone or Android device with the BullionVault App.

The price of gold can change by the second, led by investment supply and demand as well as by changes in other markets (commodities, stocks or bonds) and also the currency that the investor wishes to use to buy their gold. Currently, the US dollar spot price for 1 ounce of gold is and in Canadian dollars .

However, it's possible to track the real-time changing price of gold, plus daily, weekly, monthly and yearly gold price trends using BullionVault's live gold price chart.

The price of gold can change by the second, led by investment supply and demand as well as by changes in other markets (commodities, stocks or bonds) and also the currency that the investor wishes to use to buy their gold. Currently, the spot price for 1kg of gold in the UK is

However, it's possible to track the real-time changing price of gold, plus daily, weekly, monthly and yearly gold price trends using BullionVault's live gold price chart.

Whatever the outlook, choosing to buy gold for investment can make a good idea for spreading risk across a balanced portfolio. That's because the value of gold bullion has, in the past, tended to increase when other investment assets fall over long periods of time. More active traders can also try to time their buying and selling using this live gold price chart.

Historical trends show that investing in gold has made a good if imperfect hedge against poor performance from currencies, shares, bonds and real estate. The idea is to reduce overall losses by using gold to diversify the portfolio's investments across time.

When investing in gold as a way to spread risk, its a good idea to think about costs, security and simplicity. BullionVault addresses these issues to make buying gold cheaper, safer and easier.

Looking at past performance, gold priced in US Dollars rose above $2000 per ounce for the first time in August 2020, jumping as the Covid-19 pandemic and subsequent global economic crisis drove investors to seek safety in physical bullion. Gold then regained that level, and also set fresh all-time records in Euros, UK Pounds, Japanese Yen and most other major currencies during the Russian invasion of Ukraine starting in late-February 2022.

Gold bullion is traditionally seen as an insurance policy during economic, financial and even social uncertainty.

Track the changing price of gold, as well as historic trends for the last 20 years, using BullionVault's live gold price chart above.

The future price of gold is difficult to predict, as bullion prices can fluctuate by the second, let alone from year to year. As with any investment, it is not possible to create a 100% reliable projection or forecast for future performance.

However, it's possible to view historic and real-time prices using BullionVault's gold price chart above. Looking at the 20-year view, you can see that gold prices reached all-time highs in the US Dollar, Sterling and Euro, in July 2020.

Although we cannot predict future bullion prices, historic trends indicate that investing in gold has often made a good hedge for times when other traditional investments like stocks and shares have struggled. See our interactive table to compare 50 years of assets performance.

Track the changing price of gold, as well as historic trends, using BullionVault's live gold price chart above.

The price of gold can change by the second, led by investment supply and demand as well as by changes in other markets (commodities, stocks or bonds) and also the currency that the investor wishes to use to buy their gold. The weight measure for the daily price of gold is troy ounces, with orders on BullionVault placed in kilograms. Currently, the spot price for 1 gram of gold in the UK is . The spot price for 1 gram of gold in the US is or in Canada.

However, it's possible to track the real-time changing price of gold in either grams or ounces, plus daily, weekly, monthly and yearly gold price trends using BullionVault's live gold price chart.

Gold price charts by weight

  • UK Gold Price in Pounds per Ounce
  • Gold Price per Gram in Pounds
  • Live Gold Price in Pounds per ounce
  • Gold Price per Ounce
  • Gold Price per Kilo

Additional Gold price charts

  • Gold Price Today
  • Gold Spot Price

Opening an account is free, takes less than a minute, and gives you the ability to begin trading immediately with the free bullion we provide at registration.

Open an account today

Live Gold Spot Price Chart (2024)

FAQs

Which is the best website to check gold prices? ›

At Upstox (RKSV Securities Pvt Ltd), we provide gold prices in India for informational purposes, updated regularly from reputable jewellers in the country. Presently, the gold price in India stands at ₹6852.3 per gram for 22 karat gold and ₹7480.6 per gram for 24 karat gold, also known as 999 gold.

What is the current spot price of gold today? ›

$2,414.00

How much is 1 oz of gold right now? ›

$2,458.85

What will gold be worth in 2025? ›

Gold prices are expected to hit $2,500/oz by the fourth quarter of 2024 and $2,600/oz by the end of 2025.

What is the most accurate gold price website? ›

BullionByPost is a great best place to view and track the gold price via our fast loading charts. We accurately provide you with all the real-time fluctuations and movements in the gold price updated every 5 seconds.

What is the best app for live gold prices? ›

Overview: Kitco Gold Live! is a highly popular app among investors and market analysts. It provides real-time updates on gold, silver, and other precious metals. Features: Real-time gold price updates.

Are gold prices high or low now? ›

Gold Prices Today
Gold Spot PricesTodayYesterday
Per Ounce2,419.412,408.26
Per Gram77.7977.44

How to read a gold price chart? ›

It refers, in this case, to the price of gold at its highest and at its lowest in a given period of time. This is why the chart comes up as little vertical bars. The top of the bar represents the highest price and the bottom the lowest price. HLC is simply High/Low/Close.

Is now a good time to buy gold? ›

Historical gold price averages over the past 50 years indicate the best time of year to buy gold is at the start of each calender year and again in the middle of summer, early July. Prices have tended to push higher at the fastest rate after these periods.

How much can I sell 1 oz gold for? ›

The current spot price for gold (as of the 4th of July 2024) is $75.94 per gram, $75,938 per kilogram, or $2,362.00 per ounce. Overall, prices in 2024 have skyrocketed, reaching $2,454 per ounce at the highest point so far.

What will gold be worth in 5 years? ›

With a keen eye for economic trends and market cycles, Kiyosaki's forecasts offer valuable insights for precious metals investors. Kiyosaki presents a nuanced forecast for gold prices, predicting them to reach $3,700 in 2024 and $5,000 in 2025.

Is 1 oz of gold a good investment? ›

Investing in 1-ounce gold bars can be a prudent move for those who are looking to diversify their portfolios and safeguard against economic uncertainties. However, it's crucial to approach this investment with a clear understanding of the market, associated costs and the long-term commitment required.

What is the highest price gold has ever been? ›

When Was Gold's Highest Price Ever? | Updated For May 2024
  • Gold hit an all-time high of $2,450.05 per troy ounce on May 20, 2024.
  • $2,450.05 is gold's highest price ever – even if we adjust historical values for inflation.
  • This page provides historical data on gold's highs from the past 100 years.
Mar 27, 2024

Will gold ever lose its value? ›

Gold has been used as a form of money for centuries and its value does not depreciate over time. The value of gold tends to increase over time due to its limited supply.

Where will gold be in 10 years? ›

Gold Price Forecast Summary
YearForecast Range
2024$2,000 – $2,399.62 oz
2025$2,300 – $3,000/oz
2026-2030$1,600 – $3,000 General sentiment: Upbeat trend
Jun 25, 2024

Where is the best place to monitor gold prices? ›

You can quickly determine the spot price for gold and other precious metals through Google or by checking the New York Mercantile Exchange (NYMEX) or COMEX.

Which website is best for gold? ›

DigiGold is India's most trusted digital platform for gold and silver where you can buy, sell and store online at live market rates. The minimum amount of purchase starts from just Rs 1.

What is the best way to check if gold is real? ›

The Easiest Method To Test Gold: Grab A Magnifying Glass And Look For “Hallmarks” A piece of gold jewelry is often engraved with a hallmark, which is a stamp that identifies its content and/or manufacturer. Hallmarks usually appear in an inconspicuous place like the inside of a ring.

How to check the value of gold? ›

Multiply the weight of your item by the karatage content and then take that value and multiply it by the current market price per gram to estimate the raw gold value of your jewelry. The quick calculation to determine the value of your gold is = (weight of gold x purity of gold) x rate of gold today.

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