Understanding Gold Prices
Gold prices fluctuate throughout the day based on global market conditions. The price of gold is influenced by various factors including:
- Supply and demand - Mining production and industrial/jewelry demand
- Economic conditions - Inflation, interest rates, and currency values
- Geopolitical events - Political instability and global tensions
- Market sentiment - Investor behavior and market speculation
Our gold price tracker provides real-time updates to help you make informed decisions about buying or selling gold.
Frequently Asked Questions
What is the current gold price per ounce?
The current gold price per ounce is $3,989.88 USD. This price updates automatically every minute based on global market data.
How often is the gold price updated?
Our gold price tracker updates every 60 seconds with the latest market data from global exchanges. The last update was on 2025-10-27 15:01:35.
What is the gold price per gram today?
Today's gold price per gram is $128.28 USD. This is calculated from the ounce price (1 ounce = 31.1035 grams).
How is the gold price determined?
Gold prices are determined by global supply and demand dynamics, traded on commodities exchanges worldwide. The most influential exchanges are the COMEX in New York and the LBMA in London.
What factors influence gold prices?
Gold prices are influenced by various factors including inflation rates, currency values (especially the US dollar), interest rates, geopolitical tensions, central bank policies, and overall market sentiment.
Why is gold measured in troy ounces?
Gold is measured in troy ounces (31.1035 grams) rather than standard ounces (28.3495 grams) because the troy ounce has historically been used for precious metals. This measurement standard dates back to the Roman monetary system and provides consistency in the global gold market.