Gold Bullion Price Per Ounce

Simply put the fluctuating gold spot price is today s standard price discovery mechanism used to help set and establish the price of a single troy ounce of physical gold bullion.

Gold bullion price per ounce.

Spot gold prices are quoted as the price of 1 troy ounce of 999 percent fine gold deliverable now. Our fast loading gold price charts are updated every real time providing the most accurate gold prices per ounce in the uk bullion market. So if gold is quoted at 1320 per ounce how much gold can i get for that price. You can then use those real time spot prices to place an order using bullionvault s live order board.

The gold spot price plays a critical role in gold bullion sales and live gold price dynamics as well as in other investment arenas. We give you the fastest updates online with the live gold price data processed about every 10 seconds. Dollars as that is the most active market. This means you can usually purchase one ounce of gold bullion for right around this price plus the dealer s premium.

Bullionvault s gold price chart shows you the current price of gold in the professional gold bullion market. After the price of gold passed the mark of 1 000 us dollars per ounce for the first time in march 2008 by the end of 2011 it had already reached 1 600 us dollars per ounce. One troy ounce of gold is the same around the world and for larger transaction are usually priced in u s. However the value of an ounce of gold can be higher or lower based on the value of a nation s currency.

Understanding the gold spot price.