What is the current price of gold?

Current Price of Gold Today Gold Price Now Gold Price Now Change Gold Price per Ounce $1,817.93 +19.74 Gold Price per Gram $58.45 +0.63 Gold Price per Kilo $58,446.29 +634.64 1 more rows ...

How much is 1 ounce of gold?

Conversion. Gold Price (Spot) 1 Troy Ounce ≈ 0,031 Kilogram. Gold Price Per 1 Kilogram 56877.89 USD. 1 Troy Ounce ≈ 1,097 Ounce. Gold Price Per 1 Ounce 1612.47 USD.

How has the price of gold changed since 1980?

This meant that the price of gold was fixed at $35 per troy ounce. Since that time however, the price of gold has increased by about 8% per year, more than twice the rate of inflation, and much more than bank interest rates. This doesn't mean that there haven't been ups and downs. Between 1980–2000, the price of gold declined considerably.

How is the value of gold determined?

The worth of Gold is determined by the current spot price. This price is determined by many factors such as market conditions, supply and demand, and even news of political and social events. The value or worth of a Gold product is calculated relative to the weight of its pure metal content and is measured in troy ounces.