Currently, gold is selling for $2,665.00 USD per ounce. Its price per gram is $85.68 USD, and per kilogram, it sells for $85,681.68 USD. These figures represent the live spot prices at a specific point in time.
Current Gold Spot Prices
The spot price of gold reflects its current market value for immediate delivery. This price is dynamic and subject to continuous fluctuations based on global market conditions.
Here's a detailed breakdown of gold's selling price by weight:
| Unit of Measurement | Gold Price | Change from Previous |
|---|---|---|
| Per Ounce | $2,665.00 | - ($7.80) |
| Per Gram | $85.68 | - ($0.25) |
| Per Kilo | $85,681.68 | - ($250.78) |
Prices accurate as of 12/16/2024 11:29:55 AM ET.
Understanding Gold Spot Prices
The gold spot price is the standard benchmark for pricing gold and is influenced by various factors, including:
- Supply and Demand: Like any commodity, the availability of gold and the desire for it greatly impact its price.
- Economic Indicators: Inflation rates, interest rates, and economic stability often drive investors towards or away from gold.
- Geopolitical Events: Global uncertainties, political instability, and conflicts can lead to increased demand for gold as a safe-haven asset.
- Currency Strength: Gold is typically priced in U.S. dollars, so a stronger dollar can make gold relatively more expensive for international buyers, potentially lowering demand, and vice-versa.
For the most up-to-date pricing information, you can refer to live gold price charts provided by reputable dealers and exchanges. For more current data, you can visit APMEX's Gold Price Page.
