Gold Price Today

Divide the spot price per troy ounce by 31.1035 to get the price per gram. For example, if gold is $2,000/oz, the price per gram is approximately $64.30. Use our conversion table above for instant per-gram pricing.

Gold is traditionally valued as a long-term store of value and portfolio diversifier rather than a short-term trade. It tends to perform well during periods of inflation, currency debasement, and geopolitical uncertainty. Most financial advisors suggest allocating 5-15% of a portfolio to precious metals.

Gold reached its all-time high above $2,800 per troy ounce in 2024-2025, driven by central bank buying, geopolitical tensions, and inflation concerns. Adjusted for inflation, the 1980 peak of $850 would be approximately $3,200 in today's dollars.

Gold trades on global exchanges nearly 24 hours on weekdays. Prices react to economic data releases, central bank decisions, geopolitical events, currency movements, and changes in investor sentiment. Large institutional trades can also cause short-term price swings.

24K gold is 99.9% pure gold. 18K gold is 75% gold (18/24). The melt value of 18K gold is 75% of the 24K spot price. Use our Gold Calculator to compute exact values for any karat.