World gold rate

This shift in their currency reserves poses a distinct risk to Americans, who benefit from the willingness of other countries to swap their goods in exchange for U.S. legal tender. If more nations trade among themselves using other currencies such as the Now, it appears developing countries are indeed looking to lower their dependence on the dollar, according to the results of an annual survey of central banks conducted by the World Gold Council and published on Tuesday. The industry association, which represents some of the largest miners of the metal including Barrick Gold, “This divergence of views is perhaps most striking in terms of the outlook for the U.S. dollar and gold,” the World Gold Council’s The latest findings from our annual survey of the world’s central banks are out now – how do they feel about Part of the reason for this gulf in thinking is the instability large swings in U.S. interest rates can have on emerging economies. When the Fed’s rates are near zero, foreign investors tend to shower emerging markets with money, fueling growth but also inflation. When the Fed then reverses course, as it did last year with a series of interest rate hikes, these same investors swiftly divert their flow of funds back to U.S. shores, often sparking a recession, or worse a currency crisis in these more fragile economies. As the Richard Nixon administration’s famous adage goes, “The dollar is our currency, but it’s your problem.” Spillover effects While Americans’ attent...

Gold price in United States per Kilogram Gold Price in U.S. Dollar (USD) Gold Kilogram 24K 62,123.50 Gold Kilogram 22K 56,962.09 Gold Kilogram 21K 54,412.48 Gold Kilogram 18K 46,639.26 Gold Kilogram 14K 36,378.63 Gold Kilogram 12K 31,092.84 Gold Kilogram 10K 25,931.43 Gold Kilogram 9K 23,319.63 Gold Kilogram 8K 20,707.83 Date Ounce Gram 14 Jun 23 1,949.32 62.68 13 Jun 23 1,960.78 63.05 12 Jun 23 1,956.95 62.92 11 Jun 23 1,960.78 63.05 10 Jun 23 1,960.78 63.05 09 Jun 23 1,964.64 63.17 08 Jun 23 1,945.53 62.56 07 Jun 23 1,964.64 63.17 06 Jun 23 1,960.78 63.05 05 Jun 23 1,945.53 62.56 04 Jun 23 1,949.32 62.68 03 Jun 23 1,949.32 62.68 02 Jun 23 1,980.20 63.67 01 Jun 23 1,964.64 63.17 31 May 23 1,960.78 63.05 30 May 23 1,937.98 62.31 29 May 23 1,945.53 62.56 28 May 23 1,945.53 62.56 27 May 23 1,945.53 62.56 26 May 23 1,949.32 62.68 25 May 23 1,956.95 62.92 24 May 23 1,976.28 63.55 23 May 23 1,960.78 63.05 22 May 23 1,976.28 63.55 21 May 23 1,976.28 63.55 20 May 23 1,976.28 63.55 19 May 23 1,960.78 63.05 18 May 23 1,980.20 63.67 17 May 23 1,992.03 64.05 16 May 23 2,016.13 64.83 Amount USD 1 ounce 1,934.24 2 ounce 3,868.47 3 ounce 5,802.71 4 ounce 7,736.94 5 ounce 9,671.18 6 ounce 11,605.42 7 ounce 13,539.65 8 ounce 15,473.89 9 ounce 17,408.12 10 ounce 19,342.36 20 ounce 38,684.72 30 ounce 58,027.08 40 ounce 77,369.44 50 ounce 96,711.80 60 ounce 116,054.16 70 ounce 135,396.52 80 ounce 154,738.88 90 ounce 174,081.24 100 ounce 193,423.60 200 ounce 386,847.20 300 ounce 580,270.79 40...

The Holdings Calculator permits you to calculate the current value of your gold and silver. • Enter a number Amount in the left text field. • Select Ounce, Gram or Kilogram for the weight. • Select a Currency. NOTE: You must select a currency for gold first, even if you don't enter a value for gold holdings. If you wish to select a currency other than USD for the Silver holdings calculator. The current price per unit of weight and currency will be displayed on the right. The Current Value for the amount entered is shown. Optionally enter number amounts for Purchase Price and/or Future Value per unit of weight chosen. The Current and Future Gain/Loss will be calculated. Totals for Gold and Silver holdings including the ratio percent of gold versus silver will be calculated. The spot price of Gold per Troy Ounce and the date and time of the price is shown below the calculator. If your browser is configured to accept Cookies you will see a button at the bottom of the Holdings Calculator. Pressing the button will place a cookie on your machine containing the information you entered into the Holdings Calculator. When you return to goldprice.org the cookie will be retrieved from your machine and the values placed into the calculator. A range of other useful gold and silver calculators can be found on our Calculators page

In 2022, worldwide gold production stood at 3,100 metric tons. Gold is a transition metal known for its bright lustrous yellow coloring. For industrial purposes, its malleability, ductility, and resistance to corrosion and many chemical reactions makes it ideal for applications such as electrical connectors, infrared shielding, and gold leafing. Key facts about the gold industry The global mine production of gold steadily rose following the 2008 economic crisis. In 2010, gold mine production worldwide totaled 2,560 metric tons and has surpassed three thousand metric tons in each year since 2015. Alongside mining costs, the Gold can be mined through several different processes including placer mining, panning, sluicing, and dredging. Panning is a manual technique that uses a shallow pan filled with sand and gravel, that may also contain gold, to sort through the material. The precious metal can also be produced as a byproduct often with copper mining. Gold's end uses Gold is also highly valued as a precious metal for use in coins, investments, and jewelry. In the third quarter of 2022, it was The most important statistics • Global mine reserves of gold 2010-2022 • World mine reserves of gold by country 2022 • Distribution of global gold reserves by country 2021 • Global production of gold mines 2010-2022 • Global production of gold 2008-2024 • Global number of gold mining acquisition deals 2011-2020 The most important statistics • Global gold mine production volume 2021, by...

Strong Q4 lifts full year demand 10% Annual demand recovered across virtually all sectors – the notable exception being ETFs, which saw net annual outflows Full year 2021 gold demand (excluding OTC) increased to 4,021t, propelled by Q4 demand which jumped almost 50% to a 10-quarter high. 1 Demand recouped much of the COVID-related losses sustained during 2020. Demand for gold in the consumer-driven jewellery and technology sectors recovered throughout the year in line with economic growth and sentiment, while central bank buying also far outpaced that of 2020. Investment demand was mixed in an environment of opposing forces: high inflation competed with rising yields for investors’ attention. Jewellery fabrication staged a strong recovery in 2021. It grew 67% to 2,221t to meet the strong rebound in jewellery consumer demand, which increased 52% in 2021 to 2,124t, matching the 2019 total. This was in good part linked to Q4 demand, which – at 713t – saw the strongest quarterly jewellery consumption since Q2 2013. Global holdings of gold ETFs fell by 173t in 2021 in sharp contrast to 2020’s record 874t increase. Q4 outflows of just 18t were a fraction of the much larger outflows seen in Q4 2020. Bar and coin investment maintained its momentum, jumping 31% to an eight-year high of 1,180t. Q4 2021 demand of 318t, meanwhile, was the highest for a fourth quarter since 2016. Central banks accumulated 463t of gold in 2021, 82% higher than the 2020 total and lifting global reserves ...

The gold prices used in this table and chart are supplied by FastMarkets. Where the gold price is presented in currencies other than the US dollar, it is converted into the local currency unit using the foreign exchange rate at the time (or as close to as possible). Currency Mid price USD AWAITED GBP AWAITED AUD AWAITED CAD AWAITED CHF AWAITED EUR AWAITED JPY AWAITED ZAR AWAITED INR AWAITED CNY AWAITED HKD AWAITED Price discovery is crucial for any market. Gold not only has a spot price, but it also has the LBMA Gold Price, as well as several regional prices. The LBMA Gold Price is used as an important benchmark throughout the gold market, while the other regional gold prices are important to local markets. This data set provides the gold price over a range of timeframes (daily, weekly, monthly, annually) going back to 1978, and in the major trading, producer, and consumer currencies. Length and Frequency The gold price in a range of frequencies (daily, weekly, monthly, quarterly, annually) and various currencies (including the major trading, producer, and consumer currencies) from 1978. Gold reference prices from the London Bullion Market Association and Shanghai Gold Exchange in a range of frequencies (daily, weekly, monthly, annually) back to 2015 or earlier where available Update Schedule Updated weekly. Units Prices are quoted in currency unit per troy ounce unless otherwise stated. Methodologies

• Gold Price • Gold Spot Price • Live Gold Price • Gold Price Per Gram • Gold Price Per Kilo • Gold & Silver Ratio • Silver Prices • Spot Silver • Live Silver Prices • Silver Price Per Gram • Silver Price Per Kilo • Silver Gold Ratio • Platinum • Spot Platinum • Live Platinum Prices • Palladium • Spot Palladium • Live Palladium Price • Resources • Analysis and Opinion • Helpful Info • Gold Investment Guide Paying attention to the live price of gold allows an investor to snatch up opportunity. Historically, the price of gold generally remains more stable over time than other investments and the economy in general. Gold is considered to be a safe haven and a good long term option. But gold is high when the dollar is low and vice versa. Watching the live price of gold can be crucial for decision making whether buying or selling.

Gold prices ended lower on Tuesday to tally a third straight session decline, after data showed a modest monthly increase in U.S. consumer prices ahead of Wednesday’s Federal Reserve policy announcement. The central bank is widely expected to announce a pause interest-rate hikes, which analysts say is already priced into the gold market. Price action • Gold prices for August delivery -0.02% -0.02% shed $11.10, or 0.6%, to settle at $1,958.60 per ounce on Comex. • Silver for July delivery +0.03% +0.03% declined by 24 cents, or 1%, to $23.82 per ounce. • Palladium for September delivery -0.49% gained $17.50, or 1.3%, to $1,358.60 per ounce, while July platinum +0.14% fell by $13.40, or nearly 1.4%, to $981.90 per ounce. • Copper for July delivery -0.22% gained 8 cents, or 2.1%, to $3.83 per pound. What’s happening Data released Tuesday showed that the Dollar-denominated prices for gold initially moved higher in the wake of the data as the U.S. dollar weakened against most major currencies, with the ICE U.S. Dollar index down 0.3% at 103.32 in Tuesday dealings. The CPI came in as expected, showing a further deceleration in inflation, and “in a normal world, that would be bearish for gold, but the metal popped higher on the news as it bolstered the view that the Fed would announce a pause in rate hikes” on Wednesday, Brien Lundin, editor of Gold Newsletter, told MarketWatch. But “as that pause is already factored into pricing, gold soon lost all of its gains and started to tra...