Gold Price Calculator is a free service provided by Gold Price OZ website, by which you can easily calculate the value of your gold. You can entry the gold weight, select your required currency and measurement unit, the purity of gold, real-time gold price or historical gold price to calculate the total amount of gold.
Gold Price Per Ounce
1204.70 US Dollar
Bid Price: $1204.70
Ask Price: $1205.70
Day's Range: $1202.30 - $1206.90
Prices Updated: May 24, 2015 at 21:08 NY Time
1. The gold price calculator only provides an estimated value of your gold.
2. The commonly used units are troy ounce, gram, and kilogram. The conversion among those units are as below:
1 troy ounce = 31.1034768 grams, or 0.0311034768 kilograms.
1 gram = 0.03215 troy ounces
1 gram = 0.001 kilograms
3. The purity of gold. Generally, the purity of gold bullion is up than 99%; gold coin and gold jewelry are commonly gold alloy, they may be 24k, 22k, 18k, 14k, 10k, or 8k, etc. Therefore, the prices of gold bullion is higher than gold coin and gold jewelry (excluding the costs of craft and design). Additional, a unit karat of gold is equal to 1/24 part (4.1667%).
4. The real-time price represents the latest gold spot price; and the historical closes price indicates the London PM fixing price.