What Is The Price Of Gold On The Market Today

Although prices per ounce in dollars are typically used you can also easily access the gold price in alternative currencies and alternative weights.

What is the price of gold on the market today. Gold prices per ounce. Gold futures are used both as a way for gold producers and market makers to hedge their products against fluctuations in the market and as a way for speculators to make. The gold futures market is one of a number of commodity futures wherein contracts are entered into agreeing to buy or sell gold at a certain price at a specified future date.

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. With a market share of 16 per cent south africa is the most important producer of gold. Gold prices updated every minute.

The gold spot price is determined by a variety of domestic and foreign exchanges allowing the gold spot price to consistently update from 6pm est to 5 15pm est sunday to friday markets close from 5 15 pm to 6 pm est each weekday. The current gold price can be readily found in newspapers and online. Gold prices per gram.

The market is very transparent and live gold prices allow investors to stay on top of any significant shifts in price. Live 24 hour gold price spot chart from new york london hong kong and sydney. The changes in gold prices are due to supply demand as well as order flow and other factors.