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
1861.2 US Dollar
Bid Price: $1861.2
Ask Price: $1862.2
Day's Range: $1851.7 - $1877
Prices Updated: Sep 26, 2020 at 09:49 NY Time
Live gold price 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|
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.