Gold price today
The current spot price of gold per ounce is $1,945.66. The price of gold per gram is $62.55. When the market opened today, the price of gold was $1,946.60. The highest price that gold reached today was $1,946.60 and the lowest price was $1,945.21.
| Gold | Current price | Open | High | Low | Change |
|---|---|---|---|---|---|
| 24k 1Gram | $62.55 | $62.58 | $62.58 | $62.54 | -$0.03 |
| 22k 1Gram | $57.34 | $57.37 | $57.37 | $57.33 | -$0.03 |
| 21k 1Gram | $54.74 | $54.76 | $54.76 | $54.72 | -$0.03 |
| 18k 1Gram | $46.92 | $46.94 | $46.94 | $46.90 | -$0.02 |
| 14k 1Gram | $36.49 | $36.51 | $36.51 | $36.48 | -$0.02 |
| 10k 1Gram | $26.06 | $26.08 | $26.08 | $26.06 | -$0.01 |
| Ounce | $1,945.66 | $1,946.60 | $1,946.60 | $1,945.21 | -$0.94 |
| Tola | $729.62 | $729.98 | $729.98 | $729.45 | -$0.35 |
| 100 Gram | $6,255.46 | $6,258.48 | $6,258.48 | $6,253.99 | -$3.02 |
| Kilogram | $62,554.58 | $62,584.80 | $62,584.80 | $62,539.87 | -$30.22 |
24-Hours Performance
Gold rate in different countries
| Country | Currency rate USD1=X | Gram rate | Ounce rate |
|---|---|---|---|
| Gold price in United States | $1.00 | $62.55 | $1,945.66 |
| Gold price in Canada | CA$1.33 | CA$83.49 | CA$2,596.86 |
| Gold price in United Kingdom | £0.80 | £50.21 | £1,561.79 |
| Gold price in Europe | €0.93 | €58.43 | €1,817.39 |
| Gold price in Russia | RUB 82.06 | RUB 5,133.23 | RUB 159,661.26 |
| Gold price in Saudi Arabia | SAR 3.75 | SAR 234.60 | SAR 7,296.89 |
| Gold price in United Arab Emirates | AED 3.67 | AED 229.76 | AED 7,146.43 |
| Gold price in India | ₹82.56 | ₹5,164.29 | ₹160,627.29 |
| Gold price in Indonesia | IDR 14,901.18 | IDR 932,136.74 | IDR 28,992,693.58 |
| Gold price in South Korea | ₩1,304 | ₩81,553 | ₩2,536,593 |
| Gold price in China | CN¥7.14 | CN¥446.34 | CN¥13,882.81 |
| Gold price in Brazil | R$4.92 | R$308.00 | R$9,579.77 |
| Gold price in Turkey | TRY 23.37 | TRY 1,461.59 | TRY 45,460.54 |
| Gold price in Kuwait | KWD 0.308 | KWD 19.239 | KWD 598.409 |
| Gold price in Iran | IRR 42,275 | IRR 2,644,495 | IRR 82,252,985 |
| Gold price in Algeria | DZD 136.41 | DZD 8,533.33 | DZD 265,416.31 |
| Gold price in Australia | A$1.50 | A$93.60 | A$2,911.14 |
| Gold price in Bahrain | BHD 0.377 | BHD 23.581 | BHD 733.457 |
| Gold price in Egypt | EGP 30.90 | EGP 1,933.07 | EGP 60,125.33 |
| Gold price in Ghana | GHS 11.31 | GHS 707.31 | GHS 21,999.65 |
| Gold price in Iraq | IQD 1,311 | IQD 81,998 | IQD 2,550,432 |
| Gold price in Jordan | JOD 0.710 | JOD 44.420 | JOD 1,381.617 |
| Gold price in Lebanon | LBP 15,019 | LBP 939,513 | LBP 29,222,130 |
| Gold price in Libya | LYD 4.827 | LYD 301.952 | LYD 9,391.744 |
| Gold price in Mexico | MX$17.34 | MX$1,084.81 | MX$33,741.37 |
| Gold price in Morocco | MAD 10.21 | MAD 638.83 | MAD 19,869.83 |
| Gold price in Oman | OMR 0.384 | OMR 24.052 | OMR 748.108 |
| Gold price in Pakistan | PKR 287.05 | PKR 17,956.24 | PKR 558,501.50 |
| Gold price in Qatar | QAR 3.64 | QAR 227.76 | QAR 7,084.17 |
| Gold price in Singapore | SGD 1.35 | SGD 84.30 | SGD 2,622.09 |
| Gold price in South Africa | ZAR 18.95 | ZAR 1,185.38 | ZAR 36,869.55 |
| Gold price in Uzbekistan | UZS 11,460.16 | UZS 716,885.63 | UZS 22,297,635.50 |
| Gold price in Yemen | YER 250 | YER 15,661 | YER 487,098 |
Gold in the past days
| Date | Gold rate | Change | % |
|---|---|---|---|
| Wednesday, June 7, 2023 | $1,946.47 | -$17.74 | -0.01% |
| Tuesday, June 6, 2023 | $1,963.56 | $2.53 | 0% |
| Monday, June 5, 2023 | $1,959.38 | $13.51 | 0.01% |
| Sunday, June 4, 2023 | $1,947.15 | -$1.04 | -0% |
| Saturday, June 3, 2023 | $1,948.19 | $0.00 | 0% |
| Friday, June 2, 2023 | $1,948.19 | -$31.26 | -0.02% |
| Thursday, June 1, 2023 | $1,982.71 | $18.45 | 0.01% |
| Wednesday, May 31, 2023 | $1,965.20 | $5.20 | 0% |
| Tuesday, May 30, 2023 | $1,958.28 | $19.31 | 0.01% |
| Monday, May 29, 2023 | $1,940.03 | -$5.71 | -0% |
| Sunday, May 28, 2023 | $1,944.97 | -$1.70 | -0% |
| Saturday, May 27, 2023 | $1,946.67 | $0.00 | 0% |
| Friday, May 26, 2023 | $1,946.67 | -$1.28 | -0% |
| Thursday, May 25, 2023 | $1,948.51 | -$9.29 | -0% |
Gold Pricing: How is it Determined?
The price of gold is determined by a variety of factors, including supply and demand, market conditions, and the overall level of economic activity. There is no single entity that determines the price of gold; rather, it is determined through the interactions of buyers and sellers on the gold market.
The spot price is determined by supply and demand on the global gold market. It is influenced by a variety of factors, including economic conditions, political developments, and market speculation.
Gold rates vs Exchange rates
Gold rates refer to the price of gold expressed in a particular currency, whereas exchange rates refer to the value of a currency relative to another currency.
Ounce as a Unit of Weight for Gold
An ounce of gold is a unit of weight used to measure the mass of precious metals, such as gold, silver, and platinum. One ounce of gold is equal to approximately 31.1 grams. Gold is often bought and sold based on its weight in ounces, and the price of gold is typically quoted in terms of how much it costs per ounce.
The Meaning of Open, High, Low, and Close
The terms "open", "high", "low" and "close" refer to the prices at which gold is traded during a given period of time, usually a day.
- The "open" is the price at which gold was first traded when the market opened for the day.
- The "close" is the price at which gold was last traded when the market closed for the day.
- The "high" is the highest price at which gold was traded during the day.
- The "low" is the lowest price at which gold was traded during the day.
By using these prices, you can gain a better understanding of how the gold market is doing and make more informed trading decisions.
