Gold prices per ounce is a free service offered by Goldpriceoz.com, that shows Current Gold Price(including Bid price, Ask price and Day's fluctuation range) and Gold Price History Charts(London gold fixing price). Gold price per Ounce today is updated once every 1 minute.
Gold Price Per Ounce
1861.2 US Dollar
Bid Price: $1861.2
Ask Price: $1862.2
Day's Range: $1851.7 - $1877
Prices Updated: Sep 26, 2020 at 11:22 NY Time
Gold Price Per Ounce Charts
Gold Price Per Ounce in US Dollar
|Ounce||US Dollar||US Dollar||Ounce|
|1 Ounce =||1861.2 USD||1 USD =||0.00054 Ounce|
|2 Ounce =||3722.4 USD||2 USD =||0.00107 Ounce|
|5 Ounce =||9306 USD||5 USD =||0.00269 Ounce|
|10 Ounce =||18612 USD||10 USD =||0.00537 Ounce|
|20 Ounce =||37224 USD||20 USD =||0.01075 Ounce|
|25 Ounce =||46530 USD||25 USD =||0.01343 Ounce|
|50 Ounce =||93060 USD||50 USD =||0.02686 Ounce|
|100 Ounce =||186120 USD||100 USD =||0.05373 Ounce|
|1000 Ounce =||1861200 USD||1000 USD =||0.53729 Ounce|
Troy Ounce VS Avoirdupois Ounce
Troy ounce - a mass unit for gold
Troy ounce (abbreviated t oz) is a mass unit of troy weight system. It is commonly used for measurement of gold and other precious metals. 1 troy ounce is equal to 31.1034768 grams, or 1/12 per troy pound. In fact, the London gold fixing prices are fixed based on the unit of troy ounce; therefore, the gold prices of this website use the unit of troy ounce.
Ounce - a mass unit, not for gold
The avoirdupois ounce is commonly used as a unit of mass in the United States. It is defined as 1/16 of an avoirdupois pound, equal to 28.349523125 grams.
The difference between troy ounce and avoirdupois ounce
As far as converting to gram, it is obviously that the troy ounce is heavier than the avoirdupois ounce. Equivalence between the two units is 1 troy ounce = 1.09714286 avoirdupois ounces. Additional, troy ounce is used for measuring precious metals and gemstones, whereas, avoirdupois ounce is used in measurement of daily life.