Live Gold Prices Per Ounce

live gold prices per ounce and charts

Welcome to the page of Live Gold Price Per Ounce. As a gold investor, it is very necessary to keep track of fluctuation of gold price. The Live Gold Price per Ounce provides the gold price per ounce in real time(including bid price and ask price); it also provides daily gold price history chart (includes gold price history charts in different periods). This page is being updated every 1 minutes.

Gold Price Per Ounce = 1171 US Dollar Bid Price: $1171 Ask Price: $1172 Day's Range: $1165.3 - $1173.3 Prices Updated: Dec 07, 2016 at 05:32 NY Time

Live gold price charts

Live Gold Price Per Ounce

Gold Price per Ounce in US Dollar

Ounce US Dollar US Dollar Ounce
1 Ounce = 1171 USD 1 USD= 0.00085 Ounce
2 Ounce = 2342 USD 2 USD= 0.00171 Ounce
5 Ounce = 5855 USD 5 USD= 0.00427 Ounce
10 Ounce = 11710 USD 10 USD= 0.00854 Ounce
20 Ounce = 23420 USD 20 USD= 0.01708 Ounce
25 Ounce = 29275 USD 25 USD= 0.02135 Ounce
50 Ounce = 58550 USD 50 USD= 0.0427 Ounce
100 Ounce = 117100 USD 100 USD= 0.0854 Ounce
1000 Ounce = 1171000 USD 1000 USD= 0.85397 Ounce

What is the live gold price, spot gold price, and gold fixing price?

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.

What is the relationship among these gold prices?

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.