Dollars. The spot price of Gold is always higher than the bid price (what dealers pay for Gold per ounce) and always lower than the ask price (what you will pay a dealer for Gold per ounce). When it comes to Precious Metals investing or collecting, knowledge is power. Suite 800 Although gold prices are most commonly quoted in ounces, gold bullion is also bought and sold by the gram. In 1980, the value of gold in currency increased by 100% from the previous year. If you’re buying Gold bullion, choose between Gold coins, bars and rounds (they look like coins but carry no face value and are not backed by a sovereign government as currency). The real-time price represents the latest gold spot price; and the historical closes price indicates the London PM fixing price. The Gold price is always quoted in ounces but can easily be converted into grams or kilos, depending on the to buy or sell. gold bars are the most popular and frequently traded size of gold bar in part because spot gold prices are always quoted in oz. Download today in the App Store or on Google Play. The price of gold is available around the clock, and trading essentially never ceases. The price of gold is constantly on the move and can be affected by many different factors. Sell Gold to us and get a step-by-step process of how to sell your Gold bars, coins and rounds to APMEX. Spot gold prices are derived from exchange-traded futures contracts such as those that trade on the COMEX Exchange. 1 Oz Of Gold Worth Today Thursday, 7 January 2021. Dallas, TX 75231. The Bid Gold price per ounce is the current highest market offer to sell to a dealer. Totals for Gold and Silver holdings including the ratio percent of gold versus silver will be calculated. That being said, the price of gold is theoretically the same all over the globe. One troy ounce gold and silver coins are created with unique and limited-edition designs perfect for collecting, gift giving and handing down to loved ones. Some of the biggest contributors to fluctuations in the gold price include: Currency markets can have a dramatic effect on the gold price. The "spot" price is the reference price of one troy ounce, the official unit of measurement on the professional market for spot transactions. Today’s spot price of Gold, like all days, is constantly changing according to supply and demand, market conditions, geopolitical forces and many other variables. The Current Value for the amount entered is shown. For example, today a 1 oz American Gold Eagle coin may be bought from a dealer for $1355. Smaller investors, for example, may be more interested in the price of gold per gram than ounces or kilos. The Ask current Gold price per ounce is the current minimum price for a dealer to sell in the market. The universal price of gold is set twice daily (10:30 AM and 3:30 PM GMT) by the London Bullion Market Association. First, decide what kind of Gold you’re interested in buying. The 1/10 ounce Gold Eagles for sale are 16.5mm in diameter, and each 1/10 oz gold … gold bar, there is no need for complicated formulas to determine the exact value of your bar as you can simply look up the current spot price of gold. The spot price of Gold is the current price that one ounce of Gold can be bought and sold for immediate delivery. Sell Gold Eagle Coins. A range of other useful gold and silver calculators can be found on our Calculators page. One troy ounce of gold is equivalent to 31.1 grams. 1 Troy Ounce ≈ 1,097 Ounce Gold Price Per 1 Ounce 1777.80 USD Precious Metals. Copyright © 2002 - 2020. However, Gold investors who prefer to hold and see their investments do not care for this option. All prices are updated in real-time. (1/2 troy ounce, a twenty-five-dollar face value coin) The spot price fluctuates constantly, making it important to keep up to date on performance indicators such as current events and market conditions, as they affect the buying and selling of Precious Metals. (1 troy ounce, a fifty-dollar face value coin) 1/2 oz. The data is retrieved continuously 24 hours a day, 5 days a week from the main marketplaces (LBMA, NYMEX, GLOBEX, HONG KONG). Unlike other retail products where the final price of a product is largely defined by branding and marketing, the market price of 1 oz of Gold is determined by many factors including supply and demand, political and economic events, market conditions and currency depreciation. Why is gold price plunging? Gold bar weight largest to smallest gold prices spot per ounce today price of gold spot prices chart history 1 oz gold coin american eagle how much does a bar of gold cost quora 12 5kg gold bar 400oz good delivery. The spot gold price refers to the price of gold for delivery right now as opposed to some date in the future. Bid $1,850.90 This relationship can often be seen in the gold price. Gold is traded in U.S. dollars so the price per ounce of Gold is simply converted to the local currency to reflect one troy ounce of Gold price. The 1 Troy oz gold bar is the most common size of gold bars and they are traded around the world, even in countries using the metric system. However, today’s price of Gold could also refer to the total percent change of the spot price, as calculated relative to the price at the start of that trading day. The price of Gold can fluctuate based on market conditions, supply and demand, geopolitical events and more. Whether you're new to Precious Metals, or just new to APMEX, we're glad you are here. The price for any Gold product is the spot price plus a premium, which is added by all dealers to cover their overhead. Pressing the button will place a cookie on your machine containing the information you entered into the Holdings Calculator. When it comes to Precious Metals investing or collecting, knowledge is power. Are you ready to sell your Gold coins? Gareth Soloway breaks down causes Jan 8, 2021 1:08PM. Gold prices per ounce are converted from USD to Chinese Yuan according to the latest exchange rates where 1 USD = 6.46 Chinese Yuan. 1837-1933: The value of one troy ounce of gold remained $20.67 for 96 years. Just like two similar pairs of jeans from two different companies will carry different price tags, two 1 oz gold bars from different companies will vary in price, as well. The price of Gold per ounce is the same across the globe. The price listed is based on the resale condition of the 1 oz American Gold Eagle Coin(s) you sell and deliver to Kitco. The value or worth of a Gold product is calculated relative to the weight of its pure metal content and is measured in troy ounces. Although prices per ounce in dollars are typically used, you can also easily access the gold price in alternative currencies and alternative weights. If you own a 1 oz. Each 1 oz Gold Bar is manufactured by a reputable Private and Sovereign Mint, and each qualifies for a self-directed precious metals IRA. Gold is traded all over the globe, and is most often transacted in U.S. Whatever the case may be, live gold prices have never been more readily accessible, giving investors the information they need to make buying and selling decisions. On days when the dollar index is sharply lower, gold may be moving higher. Investors are dumping lower yielding assets like gold to buy higher volatility securities like Tesla shares and bitcoin, said Gareth Soloway, chief market strategist at In The Money Stocks, but Soloway is not selling his gold … Bars carry lower premiums than coins because they have no face value, are not backed by government mints, are rarely considered collectibles, and most gold bars are easier to make than gold coins. Gold Spot Prices Gold Price Spot Change; Gold Price Per Ounce: $1,930.60: $16.50: Gold Price Per Gram: $62.07: $0.53: Gold Price Per Kilo: $62,070.19: $530.49: Live Metal Spot Prices (24 Hours) Last Updated: 1/6/2021 6:44:49 PM ET Privacy Policy | In 1979, the price of gold amounted to $306.00 per ounce, skyrocketing to almost 60% from the previous year at which time the price of gold was $193.4. The Gold price is universal, as most Gold markets use live Gold prices listed in U.S. dollars. Select Ounce, Gram or Kilogram for the weight. If your browser is configured to accept Cookies you will see a button at the bottom of the Holdings Calculator. Some Gold investors would prefer not to house or ship their Precious Metals, so they invest in what is known as a Gold Share with an ETF. The spot price of Gold per Troy Ounce and the date and time of the price is shown below the calculator. Prices Updated: Jan 07, 2021 at 06:13 NY Time Optionally enter number amounts for Purchase Price and/or Future Value per unit of weight chosen. No matter where you are in the world, the spot Gold price now is the same at any given moment. American Gold Eagle . Make the most of Gold values with Precious Metals IRAs, which are Self-Directed IRAs. APMEX offers you the option to sell all of your Precious Metals, easily and fast, all online! For a small fee, you can store it with a trusted third party such as Citadel (a service offered by APMEX). Gold bullion often appears in the form of bars, rounds and Sovereign coins that carry a face value and are backed by a government. Gold prices are calculated both per ounce, gram, kilogram and tola and for the most common karats. The price for any Gold product is the spot price plus a premium, which is added by all dealers to cover their overhead. What does the Spread mean for the Gold price per ounce. A troy ounce of Gold is equal to 31.10 grams. Gold is usually quoted by the ounce in U.S. There are several types of Gold, ranging from scrap to bullion products. This makes sense given the fact that an ounce of gold is the same whether it is bought in the U.S. or Asia. The Gold price is always quoted in ounces but can easily be converted into grams or kilos, depending on the quantity you want to buy or sell. Larger investors who intend to buy in bulk will likely be more interested in the gold price per ounce or kilo. On this page you can view the current price of gold per ounce, gram or kilo. Fast & Free Shipping† On Orders Over $99! Ask Price: $2471.14. Here is more about the product, specifications, and purchase price: 1 Oz Gold Coin Specifications. On days when the dollar index is stronger, gold may be losing ground. Grams can be a more convenient unit for pricing when trading gold in small quantities or using gold … Ask $1,860.90 Day's Range: $2460.69 - $2486.99. Previous day close: 1909. Free shipping on many items | Browse your favorite brands | affordable prices. The ounces Americans know in everyday life are actually called avoirdupois ounces. With our updated mobile app, it is now easier than ever to access APMEX benefits on-the-go, including timely push notifications sent straight to your mobile device with custom spot price alerts. Smaller investors, for example, may be more interested in the price of gold per gram than ounces or kilos. This is also true of other Precious Metals, including Silver, Platinum and Palladium. (-3.35). While Roman numerals were used through 1991, all coins from 1992 to the present rely on Arabic numerals, for example. Introduced in 1986 by the United States Mint, the American Eagle gold coin series, minted in four different sizes: 1 oz. The Spread, or the bid-ask spread, is the difference between the Ask Gold price per troy ounce and the Bid Gold price and represents the dealer’s profit. Finally, prepare for how you will securely protect and store your Gold. The worth of Gold is determined by the current spot price. Gold is considered a commodity and is typically valued by raw weight (in this case the weight of pure metal content). Visit APMEX.com/Gold-price to view live Gold prices as well as historical data related to Gold spot price. Gold Price per Ounce Calculator Select Weight Ounce Gram Kilo Tola Baht (15.2441 Grams) Tael (37.7994 Grams) Tael (37.5 Grams) Vori Troy … If you need assistance in assessing the Gold bar price, or if you should have any issue buying 1 oz Gold bars on APMEX.com, we are eager to assist you. The price of Gold per ounce is the same across the globe. View the bid, ask and spot price at any time, on any device. Live gold bullion coin and bar prices Current gold spot price $1,925.05 5:15 pm Wed. January 6, 2021 One troy ounce of gold is the same around the world and for larger transaction are usually priced in U.S. dollars as that is the most active market; however, the value of an ounce of gold can be higher or lower based on the value of a nation’s currency. Buying 1/10 oz Gold Eagle Coins is a great way to have highly recognized one tenth ounce gold coins with a small premium over the world’s fluctuating gold spot price. When you return to goldprice.org the cookie will be retrieved from your machine and the values placed into the calculator. On the other hand, if rates are very low, gold may potentially benefit as it keeps the opportunity cost of holding gold to a minimum. Because gold pays no dividends and does not pay interest, the gold price may potentially remain subdued during periods of high or rising interest rates. Sell American Gold Eagle Coins and other precious metal bullion products in a secure and profitable way with Kitco. Today Gold Price in US Dollar (USD) per Ounce. Of course, many choose to store their Gold in their own vaults or lockboxes at home, as well. When you decide to place the Precious Metal in the IRA, you have a way to further diversify your portfolio and hedge against economic downturn. Therefore, the prices of gold bullion is higher than gold coin and gold jewelry (excluding the costs of craft and design). The difference between the spot price and the ask price is known as the premium of Gold per ounce. Is the U.S. Gold price the same no matter where I live? The Gold gram price and Gold kilo price can be found in our handy conversion table. As with any other type of investment, those looking to buy gold want to get the best deal possible, which means buying gold at the lowest price possible. Our fast-loading gold price charts are updated every real-time providing the most accurate gold prices per ounce in the UK bullion market. Of course, gold could also move higher even with high interest rates, and it could move lower even during periods of ultra-low rates. Dealers will offer to sell Gold to you for the Ask price, and when you decide to sell Gold back, the dealer will pay the Bid price. While investors in the U.S. are sound asleep, for example, gold trading in Asian markets may be robust. One troy ounce of gold was now worth $20.67. The price of Gold changes constantly and is updated by the minute on APMEX.com. This price chart allows you to easily see real-time data for Gold prices today as well as the historical price of Gold going back 30 years. The Current and Future Gain/Loss will be calculated. Our team of highly trained customer service associates can answer any questions on 1 ounce Gold bars, and can be reached by email or telephone, please call (800) 375-9006 or email service@APMEX.com. Tenth ounce American Gold Eagles have a $5 face value, which is labeled on the reverse, along with the United States’ motto as well as the declaration that each coin contains 1/10 oz fine gold.