Gold price all time in USD per ounce
Global Gold Prices
Regional gold premiums reflect differences in physical demand, supply logistics, and import duties across major markets.
Gold Price Performance
How the gold price has moved across key timeframes. Change is calculated from the opening price of each period to the current live price.
| Timeframe | High | Low | Change |
|---|---|---|---|
| 1 Day | 5,195 usd | 5,096 usd | -1.28% |
| 1 Week | 5,418 usd | 4,986 usd | -1.03% |
| 1 Month | 5,418 usd | 4,701 usd | +8.77% |
| 3 Months | 5,590 usd | 4,175 usd | +21.83% |
| 1 Year | 5,590 usd | 2,880 usd | +75.30% |
| 5 Years | 5,590 usd | 1,614 usd | +196.21% |
| 10 Years | 5,590 usd | 1,122 usd | +309.61% |
all time gold price trends
Gold price trends vary significantly depending on the timeframe.
Gold Price, all time (per ounce)
Gold price per ounce
Gold is traditionally measured in troy ounces, a unit that dates back to the Roman Empire. The troy ounce is widely used in international gold trading, especially in the United States and the United Kingdom. Investors and traders use ounces as a standard for pricing and trading gold bars and coins globally.
Data Sources & Methodology
The chart above shows the live gold price per ounce all time. Use the buttons below the chart to switch between timeframes and weight units.
Our gold price data is sourced from the global spot market reference rate XAU/USD, the widely-quoted international benchmark for gold priced in US dollars per troy ounce.
Prices are streamed once per minute during market hours and stored as 1-minute OHLC (open, high, low, close) bars. Longer timeframes are aggregated from this granular data, for example the “1D” view shows the last 24 hours, “1W” uses 30-minute bars, and yearly views use daily closing prices.
The precious metals spot market trades nearly 24 hours a day, 5 days a week (Sunday 5 PM ET to Friday 5 PM ET). During weekends and holidays the chart displays the most recent available prices. All times on this page are shown in your local timezone (UTC).
Gold Price FAQ
- How much is 1 ounce of gold worth today?
The current gold price is 5,114 usd per ounce. This price is updated once per minute during market hours.
- What determines the gold price?
Gold prices are primarily driven by US Federal Reserve monetary policy, real interest rates, and US dollar strength. When real rates fall or the dollar weakens, gold tends to rise because the opportunity cost of holding a non-yielding asset decreases. Central bank purchases, especially from China, India, Turkey, and Poland, have also become a major demand driver since 2022.
- Why do central banks buy gold?
Central banks hold gold as a reserve asset to diversify away from US dollar and euro holdings. After sanctions froze Russian foreign reserves in 2022, many central banks accelerated gold purchases to reduce geopolitical risk. China's PBOC has been one of the largest buyers, adding hundreds of tonnes in recent years.
- What is the gold spot price (XAU/USD)?
XAU/USD is the international spot benchmark for gold priced in US dollars per troy ounce. It reflects the price for immediate delivery in the global over-the-counter (OTC) market. The London Bullion Market Association (LBMA) AM and PM fixes are widely used reference prices derived from this market.
- Is gold a good hedge against inflation?
Gold has historically preserved purchasing power over long periods, outperforming most fiat currencies during inflationary decades. However, gold can underperform in the short term when central banks raise interest rates aggressively to combat inflation, as higher rates increase the opportunity cost of holding gold.
- What is the Shanghai gold premium?
- The Shanghai premium is the price difference between gold on the Shanghai Gold Exchange (SGE) and the international XAU/USD benchmark. A persistent premium signals strong physical demand in China, which is the world's largest gold consumer. See the latest Shanghai gold premium →
- How can I invest in gold?
The most common methods include physical bullion (bars and coins), gold ETFs such as SPDR Gold Shares (GLD) or iShares Gold Trust (IAU), gold mining stocks, futures contracts on COMEX, and allocated gold accounts at bullion dealers. Physical gold has no counterparty risk, while ETFs offer convenience and liquidity.
- What is the gold-to-silver ratio?
The gold-to-silver ratio measures how many ounces of silver it takes to buy one ounce of gold. Historically, this ratio has fluctuated between 15:1 and 100:1. A high ratio may signal that silver is undervalued relative to gold, while a low ratio suggests the opposite.
- How is the gold price per gram calculated?
Gold is quoted per troy ounce internationally. One troy ounce equals 31.1035 grams. To get the price per gram, divide the per-ounce price by 31.1035. For the price per kilogram, multiply the per-gram price by 1,000.
- How often is the gold price updated on this page?
Our gold price data is streamed once per minute from the XAU/USD spot rate during market hours. The chart updates automatically via a real-time connection.
- Why is gold valuable?
- Gold has been valued for thousands of years due to its rarity, durability, malleability, and resistance to corrosion. It served as money across civilizations and remains the ultimate monetary reserve asset. Read more about why gold is valuable →
- What is gold used for?
- Gold has diverse industrial and consumer applications. Explore the full guide to gold uses →
- Why could investing in gold be a good idea?
- Gold is often considered a reliable store of value and a hedge against monetary policy risk. Learn why precious metals matter in an uncertain economy →
The prices displayed are for informational purposes only. Use of this page is at your own risk. We accept no liability for errors.
