Gold Price Ounce

current gold prices per ounce and gold prices history


Welcome to Gold Price OZ - a site devoted to bringing you the latest gold price per ounce (Including K gold price, such as 24k, 22k, 18k, 14k, 10k, etc.), gram and kilogram in major currencies, that updated every 1 minute. It also provides with gold price history charts for the past 30 days,90 days, 1, 5, 10 and 20 years, Gold Price Calculators and gold price Commentary.

If you are investing for profit or keeping value, it is a wonderful idea to keep an eye on gold. Gold is a popular precious metal. In many centuries, it always has been used as currency, jewelry and keeping value. The currency code for gold per ounces is XAU.

Gold Price Per Ounce

=

1286.50 US Dollar

Bid Price: $1286.50

Ask Price: $1287.70

Day's Range: $1283.50 - $1291.60
Prices Updated: Apr 21, 2014 at 09:54 UTC

Gold Price Annual End of Period

Year
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
USDEURGBP
290.2289.6180.1
274.5292.3183.7
276.5310.5189.9
347.2330.9215.7
416.3330.0232.5
435.6320.5226.9
513434.9298.8
632479.3322.9
833.8570.3418.8
869.8625.7604.9
1087.5757.9673.4
1405.51047.7897.7
15311179.4985.1
1657.51257.21019.7
1204.5871.9728.9
1286.5930.5765.2
JPYCHFCAD
29708.5464.6421.2
31342.2444.7412.2
36238.1459.1441.4
41202.2480.1548.5
44609.5514.8537.9
44635.9495.3521.9
60549.4676.1599.3
75305.9771.5735.5
93142.4943.9822.9
78842.8925.71073.7
101240.81124.21140.1
113993.11310.11396.6
117795.11431.61558.9
143315.71517.21650.4
126514.61067.71284.2
131885.511351417.1
AUDCNYINR
443.52403.112630.9
493.92271.712811.3
540.12288.513332.8
616.62873.816648.2
552.53445.218991.4
555.73605.218935.5
699.3414023090.1
801.84932.827972.3
949.586089.832862.3
1247.55934.342374.2
1209.27424.47424.4
1371.29261.862846.9
1493.49636.181303.7
1596.510326.790814.4
1351.87301.474624.8
1378.78012.377698.2

What is the gold ?

Gold is the most popular precious metal accepted by everyone. It is a soft, dense, malleable and ductile metal with a bright yellow color, and its luster is maintained without tarnishing in water or air and its chemical symbol is Au. Gold is one of the least reactive chemical elements, keeping solid state under standard conditions. Throughout history, gold has been sought after by people, used as money and made of jewelry. Nowadays, more and more people are glad to holds gold that is not only used for gorgeous jewelry, or used in industry, but more commonly trading as a popular investment product.

How many types of gold investment products?

Of all the precious metals, gold is as an investment product is most popular. Generally, investors buy gold investment products as a way of diversifying risk. Gold has many types products, including several types, such as gold bullions, gold ETFs, gold options and futures, and so on. Different investment types are with different investment risk. However, no matter what type of gold investment must keep an eye on the gold price.

What factors influence the price of gold?

Throughout gold prices in history, from the general trend terms, the price of gold has always continued to rise. From 2011 to 2013 end, the fluctuations of gold prices were extremely dramatic. The price of gold is driven by supply and demand including demand for speculation. It is also affected by the policy of central banks and the international monetary fund, the value of US dollar, the state of economy, war, invasion and national emergency.

What are the international major gold markets?

In order to establish rules designed to prevent market manipulation, abusive trade practices and fraud, the global gold markets are overseen and regulated by governmental and self-regulating organizations. In global, there are four important international gold exchange markets, they are London Gold Market (London Bullion Market Association, abbreviated as LBMA), America Gold Market (CME Group), Zurich Gold Market (controlled by banks of UBS, Credit Suisse and Union Bank of Switzerland) and Hong Kong Gold Market (Chinese Gold and Silver Exchange Society, abbreviated as CGSE). Additional, Japan gold market (Tokyo Commodity Exchange, abbreviated as TOCOM) is also important. By linking these markets, gold trading can be achieved within 24 hours of continuous trading in the worldwide.

The London gold market is by far the largest global centre of OTC transactions, and its gold spot price is fixed twice each business day at 10:30 am and 3:00 pm (London time) in USD, GBP, and EUR, that have a greater influence on the world gold market price.

Who is the largest gold produced country?

Before 2006, South Africa was the world's dominant gold producer, followed were United States, China, Australia, and Peru. However, recently, other countries with large surface area have surpassed South Africa. Since 2007, China had become the largest gold produced country, followed were Australia, United States, Russia, and Peru. South Africa sits in sixth.

What is the use of gold?

According to GFMS as of 2012, there were a total of 174,100 tonnes of gold mined in human history. Currently, the world consumption of gold produced is about 50% in jewelry, 40% in investments, and 10% in industry. In industry, gold is commonly used in electronics, dentistry, commercial chemistry and other fields. Its characteristic of high malleability, ductility, resistance to corrosion and most other chemical reactions, and conductivity of electricity have led to many uses, including colored-glass production, electric wiring, and gold leafing.


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