Gold Bullion Market Price
For example today a 1 oz american gold eagle coin may be bought from a dealer for 1355.
Gold bullion market price. Live gold bullion coin and bar prices current gold spot price 1 863 68 4 11 am mon. Gold price per ounce gold price per gram gold price per kilo 1 863 40 59 91 59 909 61 0 80 0 03 25 72. When it comes to purchasing or selling bullion the market value for gold also referred to as spot price is the basis for all pricing.
By convention the gold spot price is quoted in us dollars per troy ounce and the quotation refers to a standard amount of gold in the range of 5 000 to 10 000 troy. Bullionvault s gold price chart shows you the current price of gold in the professional. 01 25 21 06 40 pm est last update.
The spot price for gold or gold spot is the current market price at which gold can be bought or sold in the wholesale market for immediate delivery and short dated settlement. The london bullion market association lbma is the leading organization that is responsible for maintaining benchmarks for all precious metals. 1 troy ounce 31 10 gram gold price per 1 gram 59 41 usd 1 troy ounce 0 031 kilogram gold price per 1 kilogram.
The precious metals market is always fluctuating. That s about a 30 difference per ounce of gold bullion. Almost all products on sd bullion operate on a spot price plus the product premium also referred to as over spot formula to determine the final price.
Gold spot prices gold price today spot change. Every second the price of gold either rises or falls in response to the market.