🥇

Gold PriceToday

Live precious metals spot prices in USD. Gold, silver, platinum, palladium.

Also check Silver Price →

About Gold Spot Price

The gold spot price is the current market price at which gold can be bought or sold for immediate delivery. Prices are typically quoted in US dollars per troy ounce (USD/oz). Our data is updated several times daily from multiple reliable international sources (GoldAPI, FreeGoldAPI, Kitco) so you can compare and make informed decisions.

Disclaimer: Prices are for informational purposes only. Always verify with your dealer before making any purchase or investment decisions.

What Affects Gold Prices?

Gold prices fluctuate due to several factors. Understanding these can help you interpret market movements:

  • US Dollar strength: Gold is priced in USD. When the dollar weakens, gold often rises as it becomes cheaper for buyers using other currencies.
  • Interest rates: Higher rates make bonds and savings more attractive, which can reduce demand for non-yielding gold.
  • Inflation: Gold is seen as a hedge against inflation. When inflation expectations rise, demand for gold often increases.
  • Geopolitical events: Uncertainty and crises tend to boost safe-haven demand for gold.
  • Central bank buying: Large purchases by central banks can support or push up gold prices.

Frequently Asked Questions

What is a troy ounce?
A troy ounce is about 31.1 grams, slightly heavier than a standard ounce (28.35g). Precious metals are traditionally quoted per troy ounce.
How often are prices updated?
Our system fetches prices from multiple sources once daily (8:00 UTC). You see the latest cached data with comparison across sources.
Why do prices differ between sources?
Different providers may use different feeds, update times, or calculation methods. Comparing multiple sources helps you see the range and average.
Where can I buy gold?
You can buy physical gold from reputable dealers like JM Bullion, Money Metals Exchange, or APMEX. Always compare prices and verify dealer credentials before purchasing.
Is gold a good investment?
Gold can diversify a portfolio and act as a store of value, but it does not pay interest or dividends. Consider your goals and risk tolerance, and consult a financial advisor.