Gold Bullion Price Per Ounce

This means you can usually purchase one ounce of gold bullion for right around this price plus the dealer s premium.

Gold bullion price per ounce. However the value of an ounce of gold can be higher or lower based on the value of a nation s currency. After the price of gold passed the mark of 1 000 us dollars per ounce for the first time in march 2008 by the end of 2011 it had already reached 1 600 us dollars per ounce. Understanding the gold spot price. You can then use those real time spot prices to place an order using bullionvault s live order board.

So if gold is quoted at 1320 per ounce how much gold can i get for that price. Gold price per ounce uk view the current gold price per ounce online at gold co uk the home of bullion investment and vaulting. Spot gold prices are quoted as the price of 1 troy ounce of 999 percent fine gold deliverable now. Simply put the fluctuating gold spot price is today s standard price discovery mechanism used to help set and establish the price of a single troy ounce of physical gold bullion.

One troy ounce of gold is the same around the world and for larger transaction are usually priced in u s. The gold spot price plays a critical role in gold bullion sales and live gold price dynamics as well as in other investment arenas. Dollars as that is the most active market. Are the gold prices per ounce the same around the globe.

We give you the fastest updates online with the live gold price data processed about every 10 seconds.