Live Gold Prices & Market Overview
Track real-time gold spot prices, view historical charts, and stay informed about precious metals market movements. Updated continuously during market hours.
Key Takeaways: Understanding Gold Prices
- Gold spot price is the current market rate for immediate delivery, quoted in USD per troy ounce.
- Bid price is what buyers pay; ask price is what sellers want. The difference is called the spread.
- Gold trades nearly 24 hours a day across London, New York, Shanghai, and Tokyo markets.
- Physical gold products (bars, coins) trade at a premium above spot price to cover manufacturing and distribution.
- 1 kilo gold bar price = (spot price × 32.15 troy ounces) + dealer premium (typically 1-3%).
For a deeper dive, read our guide on understanding gold spot, bid, ask & premiums.
What Is the Current Gold Price?
View the live gold price chart below showing real-time spot prices and recent price history.
How Do Gold Prices Compare to Other Precious Metals?
Compare current prices for gold, silver, platinum, and palladium in real-time.
How Do You Calculate the Price of a 1 Kilo Gold Bar?
Calculating the price of a 1 kilo gold bar is straightforward once you understand the components:
- 1Find the current spot price
Check the gold spot price per troy ounce (shown in the chart above).
- 2Multiply by 32.15
A kilo bar contains 32.15 troy ounces of gold.
- 3Add the dealer premium
Typically 1-3% for kilo bars from LBMA-approved refiners.
Example: If spot gold is $2,000/oz, a kilo bar costs approximately:
$2,000 × 32.15 = $64,300 + 2% premium = $65,586
Frequently Asked Questions About Gold Prices
Common questions about gold pricing, markets, and how prices are determined.
What is the gold spot price?
The gold spot price is the current market price at which gold can be bought or sold for immediate delivery. It serves as the baseline for pricing gold bars, coins, and other gold products. Dealers add a premium over spot price to cover manufacturing, distribution, and profit margins.
What is the difference between bid and ask prices?
The bid price is what buyers are willing to pay for gold, while the ask price is what sellers are asking. The difference between them is called the spread. When you buy gold, you pay the ask price; when you sell, you receive the bid price.
How often do gold prices change?
Gold spot prices change continuously during market hours, reflecting global trading activity. Prices are quoted in real-time through exchanges in London, New York, and Shanghai, updating multiple times per second during active trading.
When do gold markets operate?
Gold trades nearly 24 hours a day, 5 days a week across global markets. Major trading centers include London (LBMA), New York (COMEX), Shanghai (SGE), and Tokyo (TOCOM). Prices are most active during overlapping trading hours between these markets.
Why do gold prices fluctuate?
Gold prices move based on supply and demand, influenced by factors including central bank policies, inflation expectations, currency movements (especially the US dollar), geopolitical events, mining production, and investor sentiment toward safe-haven assets.
How are 1 kilo gold bar prices calculated?
A 1 kilo gold bar price equals the spot price multiplied by 32.15 (troy ounces per kilo), plus a dealer premium. Premiums vary by refiner reputation, market conditions, and dealer inventory. LBMA-approved bars typically command slightly higher premiums due to guaranteed quality.
Expand Your Gold Knowledge
Dive deeper into gold investing with our comprehensive educational resources covering storage strategies, dealer evaluation, and more.