What Is Gold Selling Price Today
If you re selling gold coins a reasonable settlement would be 90 of the market value.
What is gold selling price today. 1 troy ounce 31 10 gram gold price per 1 gram 59 41 usd 1 troy ounce 0 031 kilogram. When looking at gold prices the figures quoted are typically going to be spot gold prices unless otherwise specified. 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.
If you re selling gold jewelry a reasonable settlement would be 70 to 80 of the market value. The spot gold price refers to the price of gold for immediate delivery. The price of gold is constantly on the move and can be affected by many different factors.
The live price chart gives you a breakdown per gram dwt pennyweight and troy ounce. Gold rate in mumbai today 1st feb 2021. The spot gold market is trading very close to 24 hours a day as there is almost always a location somewhere in the world that is actively taking orders for gold transactions.
What is the right amount to receive for your gold. 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 dealer will take their purchase price then markup the products further to cover dealer costs and a profit margin.
The gold price can however be quoted in any currency by the ounce gram or kilo. Get 22 carat 24 karat gold rate in mumbai last 10 days gold price based on rupees per gram from goodreturns. Conversion gold price spot price.
The spread between their buy and sell prices represents the dealer s gross profit.