Select the time period, currency and weight unit above to display the gold price chart you would like to view. The 24-hour chart displays price movements over the last three days.
Gold weight units
The standard measure for weighing and pricing of gold is the troy ounce, which is derived from the Roman monetary system. GoldMoney measures gold in terms of grams, called goldgrams®. One goldgram in weight is equal to one gram of gold. There are 31.1034 grams per troy ounce.
Gold spot prices
Gold can be traded across the world almost 24 hours a day, 5 days a week. At GoldMoney, we calculate the spot price based on the most recent average bid price offered by professional traders throughout the world.
We automatically update our gold spot prices and rates every minute. You buy gold with us at the spot price, to which we add our consistent buy rate. The buy rate is a fixed percentage of the purchase amount. When you sell your gold back to us, we offer you the spot price and do not charge any fees*. Find out more about our transparent and competitive gold rates.
London gold fixing prices
In addition to the gold spot price, the London gold fixing prices are also of importance. The term 'fix' is used in a nautical sense, as in fixing on a point, and it indicates the price at which the market is balanced. The 'fix' occurs when the buy and sell orders of the fixing brokers are matched to bring the market into balance at a certain price, which becomes the 'fixing' price or 'fix' for short.
The London gold fix is set twice each business day. The London AM fix begins at 10 am (5 am in New York), and the London PM fix begins at 3 pm (10 am in New York). The London gold fix is set by the 5 members of The London Gold Market Fixing Ltd. and is widely followed to provide daily gold price quotes. Furthermore, it is reported in major newspapers and on many gold-related websites. We use weekly London PM gold fix prices to draw the charts above.
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Gold price research
Take a look at the rest of our gold research section to learn more about gold price fundamentals.
* In exceptional circumstances, GoldMoney may charge a sell fee. The purpose is to provide liquidity to the seller regardless of market conditions. For example, during rare events such as extreme market conditions, we may need to sell to a bullion dealer the metal that we purchase from a customer. If the dealer charges a fee that GoldMoney cannot reasonably absorb, the fee would be passed on to the customer. In keeping with our longstanding policy of full disclosure, if a sell fee is ever imposed, you will be advised of the fee before you transact, thus giving you the choice whether or not to proceed with the sale.