|Ounce||US Dollar||US Dollar||Ounce|
|1 Ounce =||1199.7 USD||1 USD=||0.00083 Ounce|
|2 Ounce =||1199.7 USD||2 USD=||0.00167 Ounce|
|5 Ounce =||5998.5 USD||5 USD=||0.00417 Ounce|
|10 Ounce =||1199.7 USD||10 USD=||0.00834 Ounce|
|20 Ounce =||23994 USD||20 USD=||0.01667 Ounce|
|25 Ounce =||1199.7 USD||25 USD=||0.02084 Ounce|
|50 Ounce =||59985 USD||50 USD=||0.04168 Ounce|
|100 Ounce =||1199.7 USD||100 USD=||0.08335 Ounce|
|1000 Ounce =||1199700 USD||1000 USD=||0.83354 Ounce|
Live gold price: also called realtime gold price, at that price the physical gold is available for delivery to the buyer and become the buyer's own personal possession. It is not the spot gold price, or gold fixing price.
Spot gold price: current gold price, physical gold price, affected by the futures price, is calculated according to the most recent average bid price offered by the worldwide professional traders.
Gold fixing price: also called London gold fixing, is a benchmark price for both the gold and gold-related goods transactions. It is fixed by five members of the London Bullion Market Association via conference call.
These gold prices have inextricable link, they Influence each other, complement each other. Their fluctuation largely depend on supply and demand. All of them may be as reference prices for physical gold or gold futures transactions. Additional, gold fixing price is more akin to a momentary spot price (or a momentary live gold price), that is used among the five major banks' most important customers who sale or buy in multiples of 400 ounces gold. Whereas, live gold price is more accurate to keep track on the fluctuation of gold price in order to maximize your profit and wealth preservation. Compared to above two prices, spot gold price is much closer the price that you would like to pay for physical gold.