Live Metal Prices / oz
Gold:
3432.84 USD
Silver:
36.31 USD
Platinum:
1202.63 USD
Palladium:
1027.40 USD
Rhodium:
5900.00 USD

Live Gold Prices and Historical Gold Price Charts

Live metal spot prices (24 hours): 14/06/2025 02:17:02

Gold Spot Prices Gold Price Today Spot Change
Gold price per Gram 110.37 USD 110.37 USD (inf%)
Gold price per Ounce 3,432.84 USD 3,432.84 USD (inf%)
Gold price per Kilogram 110,368.21 USD 110,368.21 USD (inf%)
Gold price per 1g 333 36.75 USD 36.75 USD (inf%)
Gold price per 1g 585 64.57 USD 64.57 USD (inf%)
Gold price per 1g 750 82.78 USD 82.78 USD (inf%)
Gold price chart in

Actual Gold price in USD Price
USD 1/4oz 7.78 g 858.66
USD 1/2oz 15.55 g 1,716.23
USD 1oz 31.1035 g 3,432.84
USD 2oz 62.207 g 6,865.68
USD 5oz 155.5175 g 17,164.19
USD 10oz 311.035 g 34,328.38
USD 12oz 373.242 g 41,194.05
USD 20oz 622.07 g 68,656.75
USD 25oz 777.5875 g 85,820.94
USD 1.0 g 110.37
USD 2.0 g 220.74
USD 5.0 g 551.84
USD 10.0 g 1,103.68
USD 20.0 g 2,207.36
USD 25.0 g 2,759.21
USD 50.0 g 5,518.41
USD 100.0 g 11,036.82
USD 200.0 g 22,073.64
USD 250.0 g 27,592.05
USD 500.0 g 55,184.11
USD 1kg 110,368.21
USD 2kg 220,736.42
USD 5kg 551,841.05
Actual Gold price in EUR Price
EUR 1/4oz 7.78 g 743.37
EUR 1/2oz 15.55 g 1,485.78
EUR 1oz 31.1035 g 2,971.90
EUR 2oz 62.207 g 5,943.79
EUR 5oz 155.5175 g 14,859.48
EUR 10oz 311.035 g 29,718.96
EUR 12oz 373.242 g 35,662.76
EUR 20oz 622.07 g 59,437.93
EUR 25oz 777.5875 g 74,297.41
EUR 1.0 g 95.55
EUR 2.0 g 191.10
EUR 5.0 g 477.74
EUR 10.0 g 955.49
EUR 20.0 g 1,910.97
EUR 25.0 g 2,388.72
EUR 50.0 g 4,777.43
EUR 100.0 g 9,554.86
EUR 200.0 g 19,109.72
EUR 250.0 g 23,887.15
EUR 500.0 g 47,774.31
EUR 1kg 95,548.62
EUR 2kg 191,097.24
EUR 5kg 477,743.10
Actual Gold price in GBP Price
GBP 1/4oz 7.78 g 632.54
GBP 1/2oz 15.55 g 1,264.27
GBP 1oz 31.1035 g 2,528.83
GBP 2oz 62.207 g 5,057.66
GBP 5oz 155.5175 g 12,644.16
GBP 10oz 311.035 g 25,288.31
GBP 12oz 373.242 g 30,345.97
GBP 20oz 622.07 g 50,576.62
GBP 25oz 777.5875 g 63,220.78
GBP 1.0 g 81.30
GBP 2.0 g 162.61
GBP 5.0 g 406.52
GBP 10.0 g 813.04
GBP 20.0 g 1,626.07
GBP 25.0 g 2,032.59
GBP 50.0 g 4,065.19
GBP 100.0 g 8,130.37
GBP 200.0 g 16,260.75
GBP 250.0 g 20,325.94
GBP 500.0 g 40,651.87
GBP 1kg 81,303.75
GBP 2kg 162,607.49
GBP 5kg 406,518.73
Actual Gold price in CHF Price
CHF 1/4oz 7.78 g 696.58
CHF 1/2oz 15.55 g 1,392.27
CHF 1oz 31.1035 g 2,784.86
CHF 2oz 62.207 g 5,569.71
CHF 5oz 155.5175 g 13,924.28
CHF 10oz 311.035 g 27,848.55
CHF 12oz 373.242 g 33,418.26
CHF 20oz 622.07 g 55,697.10
CHF 25oz 777.5875 g 69,621.38
CHF 1.0 g 89.54
CHF 2.0 g 179.07
CHF 5.0 g 447.68
CHF 10.0 g 895.35
CHF 20.0 g 1,790.70
CHF 25.0 g 2,238.38
CHF 50.0 g 4,476.76
CHF 100.0 g 8,953.51
CHF 200.0 g 17,907.02
CHF 250.0 g 22,383.78
CHF 500.0 g 44,767.55
CHF 1kg 89,535.11
CHF 2kg 179,070.21
CHF 5kg 447,675.53

 

Understanding Gold Prices: A Guide to Gold Market Dynamics

Gold has captivated humanity for millennia, serving as a store of value, currency, and investment asset. In today's complex financial landscape, understanding gold prices and market dynamics is crucial for investors, traders, and anyone interested in precious metals. This comprehensive guide explores the intricacies of gold pricing, from spot prices to global trading markets.

What is the Spot Gold Price?

The spot gold price represents the current market value of one troy ounce of gold for immediate delivery. Unlike futures contracts that specify delivery at a future date, the spot price reflects the real-time value of gold based on supply and demand dynamics in global markets. This price serves as the benchmark for virtually all gold transactions worldwide and fluctuates continuously during trading hours.

Spot gold prices are quoted in US dollars per troy ounce, with prices updated every few seconds during active trading periods. The spot price forms the foundation for calculating premiums on gold coins, bars, and other physical gold products, making it essential for anyone involved in gold trading or investment.

How is the Gold Price Calculated?

Gold price calculation involves a complex interplay of market forces and trading mechanisms. The primary method for establishing gold prices occurs through electronic trading platforms and futures markets, where buyers and sellers engage in continuous price discovery.

The London Bullion Market Association (LBMA) Gold Price, formerly known as the London Gold Fix, represents one of the most significant price-setting mechanisms. This benchmark is determined twice daily through an electronic auction process involving major bullion banks and market makers. The auction continues until supply and demand reach equilibrium, establishing the official reference price.

Futures markets, particularly the COMEX division of the New York Mercantile Exchange, also play a crucial role in price determination. These markets allow participants to trade gold contracts for future delivery, with prices influenced by speculation, hedging activities, and physical demand expectations.

Key Factors Impacting Gold Prices

Multiple interconnected factors influence gold prices, creating a dynamic and often volatile market environment.

Economic Uncertainty and Inflation represent primary drivers of gold demand. During periods of economic instability, currency devaluation, or rising inflation, investors typically flock to gold as a hedge against purchasing power erosion. Central bank monetary policies, particularly interest rate decisions, significantly impact gold prices since higher rates increase the opportunity cost of holding non-yielding assets like gold.

Geopolitical Tensions often trigger increased gold demand as investors seek safe-haven assets during times of conflict or political uncertainty. Wars, trade disputes, and diplomatic crises can cause sudden spikes in gold prices as market participants rush to preserve wealth.

US Dollar Strength inversely correlates with gold prices since gold is primarily priced in dollars. A stronger dollar makes gold more expensive for holders of other currencies, potentially reducing demand and lowering prices.

Supply and Demand Fundamentals include mine production, recycling rates, jewelry demand, and industrial applications. Major discoveries, mining disruptions, or changes in consumer preferences can significantly impact long-term price trends.

Gold Prices in Different Currencies

While gold is internationally priced in US dollars, local gold prices vary significantly across different currencies due to exchange rate fluctuations. Investors in Europe monitor gold prices in euros, while those in the UK focus on pound sterling prices. Asian markets track gold in local currencies such as Japanese yen, Chinese yuan, and Indian rupees.

Currency strength relative to the US dollar directly affects local gold prices. When a country's currency weakens against the dollar, local gold prices tend to rise, making gold more expensive for domestic buyers. Conversely, currency appreciation can make gold more affordable in local terms, potentially stimulating demand.

This currency dynamic creates arbitrage opportunities and influences regional demand patterns. For instance, a significant rupee depreciation might reduce Indian gold imports despite stable dollar-denominated prices, while euro strength could boost European gold purchases.

Major Gold Trading Markets

Gold trading occurs across multiple global markets, ensuring nearly 24-hour price discovery and liquidity.

London remains the world's largest over-the-counter gold market, with the London Bullion Market Association facilitating wholesale trading among major banks, refiners, and institutional investors. The London market's influence stems from its deep liquidity, established infrastructure, and role in setting international benchmarks.

New York hosts the COMEX futures market, where standardized gold contracts trade electronically. This market provides price transparency, leverage opportunities, and risk management tools for institutional and individual investors.

Shanghai has emerged as a significant force in global gold trading, with the Shanghai Gold Exchange serving domestic Chinese demand while increasingly influencing international prices. China's position as the world's largest gold producer and consumer makes this market particularly important.

Other important regional markets include Dubai, which serves as a hub for Middle Eastern and South Asian gold trade, and Tokyo, which provides access to Asian markets during regional trading hours.

Individual vs Central Bank Gold Investment

Gold investment patterns differ significantly between individual investors and central banks, each group having distinct motivations and impact on market dynamics.

Individual investors typically purchase gold through various vehicles including physical bullion, exchange-traded funds (ETFs), mining stocks, and futures contracts. Retail investors often buy gold as portfolio diversification, inflation protection, or crisis insurance. Their purchasing decisions are frequently driven by market sentiment, economic news, and investment advisor recommendations.

Central banks represent some of the world's largest gold holders, with collective reserves exceeding 35,000 tons. Central bank gold purchases and sales can significantly impact prices due to transaction volumes. Recent years have seen increased central bank buying, particularly from emerging market economies seeking to diversify foreign exchange reserves away from traditional currencies.

Central banks view gold as a strategic asset providing monetary system stability, crisis resilience, and geopolitical independence. Their long-term investment horizon and substantial resources make them influential market participants capable of affecting supply-demand dynamics.

Why Gold Remains a Popular Investment

Gold's enduring investment appeal stems from several fundamental characteristics that distinguish it from other asset classes.

Wealth Preservation represents gold's primary attraction, as the metal has maintained purchasing power across centuries despite various economic upheavals. Unlike fiat currencies subject to government manipulation and inflation, gold's scarcity and universal acceptance provide long-term value stability.

Portfolio Diversification benefits arise from gold's low correlation with stocks and bonds, potentially reducing overall portfolio volatility during market stress periods. This diversification effect becomes particularly valuable during economic downturns when traditional assets may decline simultaneously.

Liquidity advantages include gold's ability to be quickly converted to cash in markets worldwide, providing investors with flexibility during financial emergencies or investment rebalancing needs.

No Counterparty Risk distinguishes physical gold from financial instruments dependent on issuer creditworthiness, making it attractive during banking crises or institutional failures.

Understanding gold prices requires appreciating the complex interplay of economic, political, and market forces that drive this ancient yet modern investment asset. Whether pursued by individual investors seeking portfolio protection or central banks building strategic reserves, gold continues playing a vital role in the global financial system.

 

Frequently Asked Questions About the Gold Price


What is the current gold price per ounce?

The current gold price per ounce fluctuates based on market conditions and can be viewed at the top of the SwissBullion.eu website.


How does inflation affect gold prices?

Generally, when inflation rises, the value of currency decreases, leading investors to seek gold as a hedge, which can drive gold prices higher.


What factors contribute to the fluctuation of gold prices?

Gold prices are influenced by a variety of factors including supply and demand, geopolitical events, currency strength, interest rates, and investor sentiment.


Where can I find real-time updates on gold prices?

Real-time gold prices can be found on financial news websites, commodity exchange platforms, and specialized gold trading websites like SwissBullion.eu.


What is the historical trend of gold prices over the last decade?

Over the last decade, gold prices have experienced significant fluctuations, generally trending upward due to economic uncertainty and increased demand for safe-haven assets.


How do interest rates impact gold prices?

Typically, higher interest rates make interest-bearing assets more attractive, which can lead to lower gold prices, while lower rates often increase gold’s appeal as a non-yielding asset.


What role do central banks play in gold pricing?

Central banks influence gold prices through their buying and selling activities, as well as by setting monetary policies that impact inflation and interest rates.


How does the strength of the US dollar affect gold prices?

A strong US dollar typically leads to lower gold prices, as gold becomes more expensive for holders of other currencies, while a weak dollar can boost gold prices.


What is the significance of gold prices in different currencies?

Gold prices vary in different currencies due to exchange rates, and understanding these variations is crucial for international investors looking to trade gold.


How can investors use gold to hedge against economic uncertainty?

Investors often turn to gold during times of economic instability, as it is considered a safe-haven asset that retains value, making it an effective hedge against market volatility.


Questions Regarding the Gold Price in Foreign Currencies


What is the current gold price in USD per ounce?

The current gold price in USD per ounce is available on financial news platforms and commodity exchanges, reflecting real-time market conditions.


How does the gold price in EUR compare to the gold price in USD?

The gold price in EUR may vary from the USD price due to the exchange rate between the euro and the dollar, with fluctuations reflecting broader market trends.


What is the gold price in CHF today?

The gold price in Swiss francs (CHF) can be found on financial websites and provides insights into local market conditions and demand for gold in Switzerland.


How do changes in the GBP impact the gold price in GBP?

A stronger British pound (GBP) typically leads to lower gold prices in GBP, as it decreases the local currency cost of purchasing gold compared to other currencies.


What factors influence gold prices in USD, EUR, CHF, and GBP?

Gold prices in all currencies are influenced by factors such as market demand, geopolitical events, economic indicators, and currency fluctuations.


Where can I find the historical gold price in EUR over the past decade?

Historical gold prices in EUR can be accessed through financial databases, commodity market reports, and dedicated gold tracking websites.


How do central banks in Europe and the US affect gold prices in EUR and USD?

Central banks influence gold prices by adjusting monetary policies and engaging in gold buying or selling, impacting local currency values and gold demand.


What is the significance of the gold price in CHF for investors?

The gold price in CHF is significant for Swiss investors, reflecting their purchasing power and the country's reputation as a safe-haven for precious metals.


How does inflation impact the gold price in GBP?

Rising inflation in the UK often leads to increased demand for gold as a hedge, resulting in higher gold prices in GBP as investors seek to preserve their wealth.


How do international events influence gold prices across USD, EUR, CHF, and GBP?

International events, such as political instability or economic crises, can lead to increased demand for gold as a safe haven, causing prices to rise across all currencies.


Questions Regarding the Gold Price in Cryptocurrencies & Stablecoins


How is the gold price measured in Bitcoin?
The gold price in Bitcoin is calculated by dividing the current gold price in USD by the price of Bitcoin, providing a way to express gold’s value in terms of cryptocurrency.


What is the relationship between gold prices and Ethereum?
Gold and Ethereum often exhibit varying correlations, as both are considered assets of value; however, Ethereum's price can be more volatile due to market speculation.


Can gold be purchased using Ripple (XRP)?
While some platforms may accept Ripple (XRP) for gold purchases, it's essential to verify the exchange's legitimacy and current exchange rates between gold and XRP.


How does the price of gold correlate with Tether (USDT)?
Since Tether (USDT) is a stablecoin pegged to the US dollar, gold prices in USDT closely mirror the prices in USD, providing a stable reference for gold transactions.


What are the advantages of buying gold with stablecoins like USDC?
Purchasing gold with stablecoins like USDC offers the advantage of quick transactions and minimal fees, making it easier for crypto investors to diversify their portfolios.


How does gold price volatility compare to Litecoin?
Gold is traditionally seen as a stable investment, while Litecoin can experience significant price fluctuations, making gold a safer option for risk-averse investors.


Is it possible to store gold as an asset in Monero (XMR)?
While Monero (XMR) is primarily a privacy-focused cryptocurrency, investors can use it to purchase gold indirectly through exchanges that convert XMR into fiat or stablecoins.


What role do cryptocurrencies play in the gold market?
Cryptocurrencies have emerged as alternative investment vehicles, attracting investors who seek to diversify their portfolios and hedge against inflation alongside gold.


How does the price of gold in Bitcoin affect cryptocurrency investments?
As the price of gold in Bitcoin rises, it can influence cryptocurrency investors' sentiments, prompting them to consider the stability of gold versus the volatility of crypto assets.


Can gold-backed stablecoins provide a better alternative for crypto investors?
Yes, gold-backed stablecoins offer a unique investment opportunity by combining the stability of gold with the convenience of cryptocurrency, appealing to investors looking for security in digital assets.

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