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HomeGold Price

Gold Price Today per Ounce & Historical Gold Charts

To make it easy for our customers to follow the current Gold price we offer real-time data for live Gold prices today and the historical price of Gold per ounce. Gold prices may be viewed in gram and kilo or per ounce.

Live metal spot prices (24 hours): 05/30/2017 13:14:01

Gold Spot Prices Gold Price Today Spot Change
Gold price per Gram 36,48 € 0,03 € (0.07%) 
Gold price per Ounce 1.134,69 € 0,80 € (0.07%) 
Gold price per Kilogram 36.481,84 € 25,59 € (0.07%) 
Gold price per 1g 333 12,15 € 0,01 € (0.07%) 
Gold price per 1g 585 21,34 € 0,01 € (0.07%) 
Gold price per 1g 750 27,36 € 0,02 € (0.07%) 
Gold Price 1.134,69 € 0,80 € (0.07%)
Silver Price 15,56 € -0,01 € (-0.05%)
Platinum Price 850,02 € -9,12 € (-1.06%)
Palladium Price 716,33 € 3,01 € (0.42%)
Last Updated: Tue, 30 May 2017 11:14:01 +0000
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Origin, Significance, And Outlook

Physical gold is mostly bought and sold in OTC trading. By far the most important trading center since 1919 is the London Bullion Market. In twice held daily gold fixings the London Bullion Market Association sets the quality requirements to demand the "Good Delivery" standard, which includes a minimum purity of 99.5%. The fixed price is, however, always pure gold.

Parallel to the establishment of the U.S. dollar, gold price is quoted depending on the exchange rate of the Euro and British Pound. The current price of gold in Euros is almost never identical to the price in U.S. Dollars due to fluctuations in currency. It is useful to see gold as a commodity whose pricing is the relationship between supply and demand due to, yet still independently, changes in currency. In history, gold has always played a role as a reference for other currencies. Currencies were tied to the existence of gold deposits. From 1944 to 1971 this was under under the Bretton Woods system- the case in which the world's leading currency, the U.S. dollar, derived its legitimacy from the gold reserves of the United States. In August of 1971, under U.S. President Richard Nixon, the price of gold in U.S. dollars picked up, making the non-referential increase to the money supply in the form of a so-called fiat currency possible. Although gold has lost its importance as a stabilizing element for the U.S. dollar, it is still an indicator of the value of the U.S. currency. The price of gold today is like the "anti-dollar".

Gold Price In The Twenty-First Century

On each of the long-term gold price charts the phenomenal rise in gold prices in the 2000s with a temporary high in 2011 may well be read in reverse: that is, as a massive devaluation of the U.S. Dollar. In particular, this is demonstrated by the accelerated rise in prices in 2008, as a result of the banking crisis. During this time the scenario of a collapse of the dollar-based financial system was quite real. The reason that you cannot read this devaluation in the exchange rate, for example in the Euro, is because the European currency itself has lost much of its attractiveness. The yen, which reflects the strength and weakness of the Japanese economy, is not as good of a benchmark for the U.S. dollar. Gold, or the price of gold, plays a role that can currently not be replicated by any official currency. Halfway recognizable is the loss of value of world currency (except in gold) against the Chinese Yuan. This currency is however still not freely tradable and is set with ranges of variation tolerated by the Chinese government.

Gold Price Forecast

The relative decline of the U.S. economy, the inability of the Euro to take on the role of world reserve currency, and the uncertainty of China's ambitions having their own currency- taken together are a good starting point for a long-term rise in the gold price. According to OECD estimates in November 2012, the United States will lose its position as world's largest economy to China in 2016. The International Monetary Fund already came to the same conclusion in April 2011. It is economically unreasonable to assume that the U.S. dollar can keep long beyond that date as the world reserve currency. It is equally unlikely that China will be able to accommodate the Yuan’s ascencion at such short notice. The result is likely to be great confusion and uncertainty.. Nobody can predict what the global financial system will look like in ten or even five years. This uncertainty is what will elevate the price of gold to new heights. Gold has been and always will be a safe haven in times of economic turmoil.

Investing In Gold

While there are numerous ways to make money indirectly by investing in gold - options and certificates on gold and the shares of gold mining companies - none of these can equal in security the investment in physical gold. Physical gold as an investment is mainly available in two forms: gold bars and gold coins. Due to higher production costs and the collector value, the price of coins is slightly higher than that of bars. Gold bars also has a proprietary security feature like that found on banknotes or identity cards. Argor-Heraeus is a licensee of this technology for gold bars.

Gold Bars and Gold Coins

Gold bars are available as parts of an ounce, multiples of one troy ounce, grams, or kilograms and again as parts or multiples of these units of weight. Heavier gold bars and gold coins are cheaper than those in relation with lower weight. The price of gold for 1kg bars is therefore significantly less than the price of 1000 1g-bars. This rule also applies to gold coins. Troy ounces, parts, and multiples are much more common than expenditures in grams or kilograms. Among the most famous gold coins include Gold Eagle (USA), Krugerrands (South Africa), Maple Leaf (Canada) Gold Panda (China) and Vienna Philharmonic (Austria).

Actual Gold Price in Euro Ask Bid
EUR 1/4oz 7,78g 283,378 283,320
EUR 1/2oz 15,55g 566,756 566,640
EUR 1oz 31,10g 1.133,513 1.133,280
EUR 2oz 62,20g 2.267,025 2.266,559
EUR 5oz 155,51g 5.667,563 5.666,398
EUR 10oz 311,04g 11.335,126 11.332,795
EUR 12oz 373,24g 13.602,151 13.599,354
EUR 20oz 622,07g 22.670,252 22.665,591
EUR 25oz 777,59g 28.337,815 28.331,989
EUR 1,0g 36,443 36,436
EUR 2,0g 72,887 72,872
EUR 5,0g 182,216 182,179
EUR 10,0g 364,433 364,358
EUR 20,0g 728,866 728,716
EUR 25,0g 911,082 910,895
EUR 50,0g 1.822,164 1.821,789
EUR 100,0g 3.644,328 3.643,578
EUR 200,0g 7.288,655 7.287,157
EUR 250,0g 9.110,819 9.108,946
EUR 500,0g 18.221,638 18.217,892
EUR 1kg 36.443,276 36.435,783
EUR 2kg 72.886,552 72.871,566
EUR 5kg 182.216,380 182.178,915
05/30/2017 13:14:27
No responsibility is taken for the correctness of this information!
Actual Gold Price in US-Dollar Ask Bid
USD 1/4oz 7,78g 316,165 316,015
USD 1/2oz 15,55g 632,330 632,030
USD 1oz 31,10g 1.264,660 1.264,060
USD 2oz 62,20g 2.529,320 2.528,120
USD 5oz 155,51g 6.323,300 6.320,300
USD 10oz 311,04g 12.646,600 12.640,600
USD 12oz 373,24g 15.175,920 15.168,720
USD 20oz 622,07g 25.293,200 25.281,200
USD 25oz 777,59g 31.616,500 31.601,500
USD 1,0g 40,660 40,640
USD 2,0g 81,320 81,281
USD 5,0g 203,299 203,202
USD 10,0g 406,598 406,405
USD 20,0g 813,195 812,809
USD 25,0g 1.016,494 1.016,012
USD 50,0g 2.032,988 2.032,024
USD 100,0g 4.065,976 4.064,047
USD 200,0g 8.131,953 8.128,094
USD 250,0g 10.164,941 10.160,118
USD 500,0g 20.329,882 20.320,236
USD 1kg 40.659,763 40.640,472
USD 2kg 81.319,526 81.280,944
USD 5kg 203.298,815 203.202,360
05/30/2017 13:14:27
No responsibility is taken for the correctness of this information!
Actual Gold Price in British Pound Ask Bid
GBP 1/4oz 7,78g 245,622 245,563
GBP 1/2oz 15,55g 491,245 491,126
GBP 1oz 31,10g 982,489 982,252
GBP 2oz 62,20g 1.964,978 1.964,504
GBP 5oz 155,51g 4.912,446 4.911,260
GBP 10oz 311,04g 9.824,891 9.822,519
GBP 12oz 373,24g 11.789,869 11.787,023
GBP 20oz 622,07g 19.649,782 19.645,038
GBP 25oz 777,59g 24.562,228 24.556,298
GBP 1,0g 31,588 31,580
GBP 2,0g 63,176 63,160
GBP 5,0g 157,939 157,901
GBP 10,0g 315,878 315,801
GBP 20,0g 631,755 631,603
GBP 25,0g 789,694 789,503
GBP 50,0g 1.579,388 1.579,007
GBP 100,0g 3.158,776 3.158,013
GBP 200,0g 6.317,552 6.316,026
GBP 250,0g 7.896,940 7.895,033
GBP 500,0g 15.793,880 15.790,066
GBP 1kg 31.587,759 31.580,132
GBP 2kg 63.175,518 63.160,264
GBP 5kg 157.938,795 157.900,660
05/30/2017 13:14:27
No responsibility is taken for the correctness of this information!
Actual Gold Price in Swiss Franc Ask Bid
CHF 1/4oz 7,78g 308,925 308,683
CHF 1/2oz 15,55g 617,850 617,367
CHF 1oz 31,10g 1.235,699 1.234,734
CHF 2oz 62,20g 2.471,399 2.469,468
CHF 5oz 155,51g 6.178,496 6.173,669
CHF 10oz 311,04g 12.356,993 12.347,338
CHF 12oz 373,24g 14.828,391 14.816,806
CHF 20oz 622,07g 24.713,986 24.694,676
CHF 25oz 777,59g 30.892,482 30.868,345
CHF 1,0g 39,729 39,698
CHF 2,0g 79,457 79,395
CHF 5,0g 198,643 198,488
CHF 10,0g 397,287 396,976
CHF 20,0g 794,573 793,952
CHF 25,0g 993,216 992,440
CHF 50,0g 1.986,433 1.984,881
CHF 100,0g 3.972,865 3.969,761
CHF 200,0g 7.945,731 7.939,523
CHF 250,0g 9.932,164 9.924,403
CHF 500,0g 19.864,327 19.848,807
CHF 1kg 39.728,654 39.697,613
CHF 2kg 79.457,308 79.395,226
CHF 5kg 198.643,270 198.488,065
05/30/2017 13:14:27
No responsibility is taken for the correctness of this information!
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