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Gold Spot Price

$0 USD

Gold Spot Price

$0 USD

Gold Spot Prices Gold Price Spot Change
Gold Price Per Ounce $3,307.40 USD ($51.40) USD
Gold Price Per Ounce $3,307.40 USD ($51.40) USD
Gold Price Per Ounce $3,307.40 USD ($51.40) USD
Gold Price Per Ounce $3,307.40 USD ($51.40) USD
What is the Spot Price of Gold?

The spot price of gold is the market price at which one ounce of gold can be bought and sold for instant delivery. The gold spot price is constantly changing, making it crucial to remain updated on performance indicators such as market conditions and current events because they greatly affect the buying and selling of gold.

The gold price is always quoted in troy ounces but can be converted into any quantity a person wants to buy or sell. Gold spot prices are universal, as most gold markets use live gold prices listed in U.S. dollars, so the price of gold per ounce is the same worldwide.

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Gold Annualized Return

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Year USDAUD
2008 4.3% 4.3%
2009 4.3% 4.3%
2010 4.3% 4.3%
2011 4.3% 4.3%
2012 4.3% 4.3%
2013 4.3% 4.3%
2014 4.3% 4.3%
2015 4.3% 4.3%
2016 4.3% 4.3%
2017 4.3% 4.3%
2018 4.3% 4.3%
2019 4.3% 4.3%
2020 4.3% 4.3%
2021 4.3% 4.3%
2022 4.3% 4.3%

How Much Your Gold is Worth

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The gold spot price is typically listed in troy ounces, but it can be converted into any unit of measure you want to buy or sell. Some markets list the live spot price of gold in a variety of currencies, but many gold markets use live data listed in USD.

Need to determine the gold spot price in your currency? Use the Vairt gold calculator to convert this to one of four currencies of your choice. Calculate based on quantity, the unit of measurement, and purity to make the best purchasing decision available.

Gold Spot Price – Frequently Asked Questions (FAQ)

What is the current price of gold?

The current gold price refers to the spot price—the live market value of one troy ounce of pure gold. This price is constantly updated due to global market fluctuations and economic indicators. On Vairt Gold, you can monitor live gold spot prices, powered by real-time data feeds, giving you 24/7 access to accurate rates directly from international trading hubs.

How is the gold spot price determined?

Gold is traded globally on major exchanges including the COMEX (New York), LBMA (London), DGCX (Dubai), and others in Zurich, Shanghai, and Tokyo. The spot price is primarily influenced by the futures market, supply and demand dynamics, macroeconomic data, and geopolitical developments. Vairt Gold sources prices based on international benchmarks to ensure precision and transparency.

How frequently does the price of gold change?

Gold prices fluctuate by the second during trading hours—Sunday evening to Friday evening (UAE time). Influences range from inflation expectations to central bank policies. With Vairt Gold, you always stay informed through live price charts and trend indicators available on both web and mobile.

What determines the value of my gold?

The value of your gold is based on:

  • Spot Price: The global market rate.
  • Weight: Measured in troy ounces (1 troy ounce = 31.1035 grams).
  • Purity: Vairt Gold deals in investment-grade gold (typically 99.5% or higher).
  • Premiums: These include minting, transportation, and storage costs, and vary slightly depending on product type and market volatility.

What is gold bullion?

Gold bullion refers to gold in its purest investment form—bars, coins, or digital gold—valued primarily for metal content rather than collectible or numismatic value. Vairt Gold allows you to invest in fractional digital bullion from as low as 1 gram, with secure storage and optional redemption.

What is a troy ounce and how is it different from a regular ounce?

A troy ounce (used in precious metals) equals 31.1035 grams. In contrast, a standard or avoirdupois ounce (used in everyday items) equals 28.3495 grams. Gold, silver, platinum, and palladium are always measured in troy ounces.

Is the gold price the same in every country?

Yes, the gold spot price is consistent globally but displayed in local currency. At Vairt Gold, prices are shown in AED (UAE Dirhams) and USD, updated in real-time based on international market rates and exchange fluctuations.

What is a premium on gold?

A premium is the amount added to the spot price to reflect costs such as minting, certification, logistics, and market demand. Vairt Gold ensures all premiums are transparent and aligned with international standards.

How do I buy gold on Vairt Gold?

Create an Account: Simple and secure sign-up process.

  • Browse Live Prices: Check real-time gold spot rates in AED and USD.
  • Select Quantity: Choose the weight in grams or ounces.
  • Pay Securely: Through bank transfer or supported payment methods.
  • Store or Redeem: Choose to store in secure vaults or redeem as physical gold.

Is my gold safe?

Absolutely. Vairt Gold partners with accredited vaults in the UAE to provide insured, secure storage for every gram of digital gold you own. Your holdings are fully backed by physical gold and audited regularly.

Does gold make a good investment?

Gold has historically acted as a hedge against inflation, economic instability, and currency devaluation. Including gold in your portfolio can help reduce risk and preserve wealth—especially during market turbulence.

Gold Price History & Market Insights

Highest Gold Price Ever Achieved

The highest recorded price of gold was reached on April 22nd, 2025, when gold soared to $3,500.20 per troy ounce. This historic peak is part of a broader trend of gold’s role as a reliable safe-haven asset amid market uncertainties.

Significant highs leading up to this include:

  • August 7, 2020: $2,074 per ounce – driven by pandemic-related uncertainty and a weakened USD.
  • May 4, 2023: $2,080.72 – a reaction to the collapse of Silicon Valley Bank.
  • December 3, 2023: $2,135 – following Fed hints of interest rate cuts.
  • March 20, 2024: $2,220 – spurred by FOMC projections of rate cuts.
  • May 20, 2024: $2,450 – geopolitical tension after the death of Iran’s president.
  • July 16, 2024: $2,483 – post-assassination attempt on former U.S. president.
  • September 26, 2024: $2,685 – after the Fed cut interest rates by 50 basis points.
  • October 30, 2024: $2,790 – driven by China’s rate cut and pre-election uncertainty.
  • March 14, 2025: $3,004.71 – on trade tensions with North America.

Gold Price Appreciation Over Time

From 1971 to 2022, gold has averaged an annual return of 7.78%. This performance positions gold as a consistent long-term hedge against inflation and economic instability.

Interpreting All-Time Highs

All-time highs often prompt strategic decision-making. Some investors sell, expecting a pullback. Others buy, anticipating further momentum. Breaching historical ceilings can indicate the start of a longer bull cycle.

Key Drivers of Gold Prices

  • Economic Conditions: Inflation, interest rates, and recessionary fears bolster gold demand.
  • Geopolitical Events: War, trade tensions, and political crises drive investors to gold.
  • Currency Movements: Gold typically moves inversely to the U.S. dollar.
  • Central Bank Policy: Gold purchases or sales by central banks impact globa supply.
  • Supply and Demand: Mining rates and jewelry consumption shape pricing dynamics.
  • Market Sentiment: Headlines and speculation influence short-term swings.
  • Technical Analysis: Algorithms and chart-based trading further drive volatility.

How Spot Prices Are Determined

Gold’s spot price is determined by a global price discovery mechanism led by the London Bullion Market Association (LBMA) and reinforced by exchanges like COMEX (CME Group). The LBMA conducts price auctions twice daily, while COMEX futures data adds liquidity and forward-looking insight.

Other contributing exchanges include:

  • Shanghai Gold Exchange (SGE)
  • Dubai Gold & Commodities Exchange (DGCX)
  • Tokyo Commodity Exchange (TOCOM)
  • These markets collectively reflect a globally synchronized valuation model.

The Role of Gold Futures

Futures influence spot prices through:

  • Arbitrage between futures and spot markets.
  • Speculative behavior driving short-term changes.
  • Physical delivery obligations triggering real market transactions.

Gold as a Diversifier

Gold offers negative or low correlation to equities and bonds. This makes it a resilient hedge, especially during periods of economic turbulence. In recent years, as equities and bonds have shown increasing correlation, gold’s appeal has grown as an alternative store of value.

Gold and Local Currencies

International gold prices influence local rates through:

  • Exchange rates: Stronger local currency = lower local gold prices.
  • Import policies: Restrictions can distort local market equilibrium.
  • Investor demand: Sentiment around global events influences regional behavior.
  • Example: In 2023, Shanghai experienced gold price spikes due to import limits amid rising local demand.

Gold and the US Dollar

Gold is denominated in USD (XAU/USD), leading to an inverse relationship. However, other macroeconomic factors—like interest rate expectations or geopolitical events—can override this correlation.

Arbitrage Opportunities in Global Gold Markets

FOREX and commodity traders exploit price differences across:

  • Currencies (buy in weak currency, sell in strong one).
  • Spot vs Futures (capture convergence).
  • Regional exchanges (LBMA vs SGE vs COMEX).
  • These opportunities are short-lived and require precision due to costs and execution speed.

Why Gold is a Trusted Store of Value

For over 2,000 years, gold has preserved purchasing power. A Roman ounce of gold could buy a fine toga. Today, that same ounce buys a fine suit—proving gold’s enduring value and inflation resistance.

Caution: Never Buy Gold Below Spot Price

Offers below spot are typically scams. The spot price represents the true market value. Premiums exist to cover mining, refining, and logistics. If an offer appears “too good to be true,” it likely is. Buy only from trusted sources like Vairt Gold, where pricing transparency is a guarantee.

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