Live Gold Prices
The chart below shows the spot price of gold in U.S. dollars per ounce. You can also see live gold, silver, platinum and palladium prices in the ticker at the top of every page.
Spot price is the market price for immediate delivery of one troy ounce. Coins and bars sell at a premium over spot that reflects minting, distribution and product type. Call for a live quote on any product.
Historical Gold Prices
Gold was officially valued at $35 an ounce until 1971, when the United States ended the dollar’s convertibility into gold. Since then the price has been set by the market. It has had long rallies and sharp pullbacks, but the long-term trend has been strongly upward as the dollar’s purchasing power has fallen.
Use the chart’s range buttons to zoom out and see how gold has moved over the past decade.
What Moves the Price of Gold?
- Inflation and interest rates. Gold tends to do well when real interest rates are low or negative.
- The U.S. dollar. Gold is priced in dollars, so a weaker dollar often means a higher gold price.
- Central bank buying. See why central banks are buying gold.
- Fear and uncertainty. Demand rises during market crashes, bank failures and geopolitical stress.
Put Gold to Work in Your Portfolio
See how to invest in gold through an IRA, or buy precious metals outright. Call (833) 589-8100 for today’s prices.
