Live Gold Price

Spot price is what most people mean when they say, “the price of gold.” It is the current amount of money necessary to purchase a specific unit of gold, typically in dollars per troy ounce. The price of gold is often calculated based on a futures contract price on the COMEX (Commodity Exchange). A futures contract is a legal agreement to deliver an amount of gold at an agreed price in a future month.

Gold will have the same spot price in different countries around the world, but the price may be quoted in different currencies.

Spot price is constantly changing based on a wide variety of factors and variables, so check back often!

How gold is measured may vary from country to country, but the troy ounce is the global standard worldwide for pricing and investment. Gold weight can be reported in troy ounces, grams, or kilos. OneGold defaults to troy ounces, but conversion is easy, especially if you refer to our conversion table.

A dictionary definition of gold would tell you it's an element with the symbol AU and that it has an atomic number of 79. But for an investor, that isn't useful information. For investors, gold is a commodity. Investors may choose to own commodities for a variety of reasons, including exposure to another asset class, diversification, or speculation.

A dictionary definition of gold would tell you it's an element with the symbol AU and that it has an atomic number of 79. But for an investor, that isn't useful information. For investors, gold is a commodity. Investors may choose to own commodities for a variety of reasons, including exposure to another asset class, diversification, or speculation.

The U.S. Dollar can be viewed as just a piece of paper or digits on a computer screen. Similarly, gold can be viewed as just a shiny piece of metal. The U.S. Dollar has value because people around the world want it. Without this global demand, the U.S. Dollar would have no value. Similarly, countries and societies around the world want gold as well. This demand is what drives the price of gold.

The demand for gold began at the dawn of civilization. Since gold must be extracted from the earth and cannot be manufactured at will, people used precious metals to store their wealth due to their limited supply. This practice continued throughout history and still continues today. With gold being traded on the global market and with no single country controlling it, gold's purchasing power has remained stable in the face of inflation.

Put another way, gold is a store of value that no country in the world can completely control, making it a useful tool for countries who want to safeguard their wealth against geopolitical risk.

There are dozens of factors that affect the gold price. Some of those factors include:

Many investors believe that the current economic situation around the world will lead to an increase in the gold price. Some factors include:

Gold looks positioned to be a good 2026 investment if the same drivers that powered 2025 remain: strong investor and central-bank buying. In 2025, total gold demand topped 5,000 tonnes and prices set 53 new highs, showing how investment flows can lift prices even when mine supply shifts slowly. The World Bank projects gold could reach new record highs in 2026, supported by safe-haven demand and continued central-bank purchases.

The fastest and easiest way to start investing in gold is through OneGold. You can set up an account in minutes and start investing with as little as 1€ or make a large investment worth millions. You'll enjoy some of the lowest premiums you can find in gold, and our app gives you all the necessary tools to keep trading even when the market is closed. Start owning real, vaulted gold right away with OneGold.

Gold prices are constantly changing during market hours. The spot price of gold and the spot price of silver are determined by many domestic and foreign exchanges, which allows the spot prices to update from Sunday through Friday, 6 p.m. EST to 5:15 a.m. EST. While gold and other precious metals may experience longer periods of relatively consistent prices, prices can also change rapidly with a moment's notice.

OneGold uses the Chicago Mercantile Exchange (CME) gold futures and adds an exchange for physical (EFP) when determining the current spot price. Many precious metals wholesalers and retailers use this process. The price of the gold futures contract is the price of gold for delivery at the end of a given month. The EFP adjusts the futures price to the price of gold for immediate delivery. Each day, OneGold works with several top wholesalers to get in alignment on the EFP. We typically use the futures contract with the highest volume.

When people say "ounce" in their day-to-day lives, they are typically referring to the avoirdupois ounce, also known as the kitchen ounce. It's an Ancient Roman unit of measurement weighing approximately 28.3 grams. A troy ounce, on the other hand, is a unit of measurement used for precious metals dating back to the Middle Ages in Troyes, France. A troy ounce is heavier than an avoirdupois ounce and weighs approximately 31.1 grams. An investor should note that when the gold price, silver price, or platinum price is quoted in "ounces," the "ounce" refers to the troy ounce and not the avoirdupois ounce. In addition, the most popular gold coins and gold bars, such as the Gold American Eagle, Gold Maple Leaf, Gold Krugerrand, and Gold PAMP Bar are weighted in troy ounces and will state their weight in "ounce," "oz.," "ozt."

The ask price of gold per ounce is the lowest price a seller is currently willing to accept in the market. Dealers offer to sell gold to investors based on the ask price.

The bid price of gold per ounce is the highest price a buyer is currently willing to pay in the market. When you sell gold to a dealer, the price you receive is usually based on the bid price.

The difference between the bid and ask price is known as the bid-ask spread, which represents the gap between buying and selling prices in the market.