Disclaimer: Information on GoldSilverAI is for educational purposes only and is not intended as financial advice. Consult a professional advisor before making investment decisions.
Disclaimer: Information on GoldSilverAI is for educational purposes only and is not intended as financial advice. Consult a professional advisor before making investment decisions.
The chart above illustrates the gold price per kilo over 1 month. Click on the buttons in the upper left corner to find information on the gold price across various time frames, from live updates to historical gold price data. Typically, the gold price is shown in troy ounces by default, but via the buttons in the upper right corner we also offer options to display the price in grams and kilograms.
Looking at a one-month trend, gold prices often respond to larger macroeconomic changes. This timeframe provides a more balanced view of market reactions and can highlight the impact of inflation reports, interest rate decisions, or monthly economic data. Monthly trends give investors a sense of medium-term market conditions, helping to smooth out day-to-day volatility.
Kilograms are used for large-scale gold transactions, often by institutional investors and central banks. This unit is commonly used in global gold trade, particularly in countries with high gold demand, such as China and India, for bulk purchases and storage.
Current price of gold is 87,324 usd per kilo.
Gold has been historically valuable for its rarity, durability, and industrial uses. Read more about why gold is valuable here.
Gold is used in various industries, including jewelry and finance. Learn more in our full guide about gold uses here.
Gold is a reliable store of value and a hedge against inflation, particularly during times when governments increase the money supply, leading to devaluation of fiat currencies​. Learn more about paper money and why the current monetary system could be about to fail here.