The spot gold price represents the price at which gold can be exchanged and delivered, and prices are typically quoted in gold price per troy ounce in U.S. It’s influenced by myriad factors, such as global supply and demand dynamics, geopolitical events, shifts in currency strength, interest rates, and macroeconomic indicators.

But there are other foreign exchange markets, such as XAU/EUR for trading in euros and XAU/GBP for trading in British pounds.īased on real-time trading activity, the price adjusts every few seconds during market hours. In this case, gold (XAU) is traded against the dollar, and the price represents the cost of one (troy) ounce of gold in USD. XAU/USD is the label for finding the spot gold price traded in U.S. Gold is traded around the clock, and its price can shift as the trading day migrates from Asia to North America. Spot prices denote costs for transactions settled “on the spot,” or immediately, as opposed to futures contracts that denote a future delivery. The highest gold spot price in the last 24 hours: $2,030.16 per ounce. The lowest trading price within the last 24 hours: $1,990.31 per ounce. That’s down 1.21% since yesterday’s gold price per ounce and up 8.43% from the beginning of the year. The price of gold traded at $1,994.10 per troy ounce, as of 9 a.m. Free storage, maintenance and insurance for up to 3 years What is the price of gold today?

Us gold coins value