Gold Price Calculator
Estimate How Much Your Gold is Worth
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.
Use the PMCEX gold calculator to calculate based on quantity, the unit of measurement, and purity to make the best pricing estimates when buying or selling.
Total Value: 0.00
Gold Spot Price FAQs
What is the price of Gold today?
When someone refers to the price of gold, they usually refer to the spot price. This metal is considered a commodity and is typically valued by the weight of the pure metal content. Today’s spot price of gold, like all days, is constantly changing according to many variables. However, today’s gold price could also refer to the total percent change of the spot price, as calculated relative to the price at the start of that trading day.
PMCEX lists live Gold prices and Silver prices as well as historical data related to gold spot prices. All prices are updated in real-time. View the spot price at any time on any device on our website.
How is the spot price of Gold determined?
Gold is traded worldwide across many different exchanges – the most popular being Chicago, Hong Kong, London, New York, and Zurich. The COMEX is part of the CME Group in Chicago and is the most important exchange for determining the price of gold. The Gold spot price and Silver spot price are computed using data from the futures contracts traded on the Comex.
How often does the price of Gold change?
Gold prices are constantly changing during market hours. The spot price of Gold and the spot price of Silver is determined by many domestic and foreign exchanges, which allows the spot prices to update from Sunday through Friday, 6 pm EST to 5:15 am EST. While gold, and other precious metals, may experience longer periods of relatively consistent prices, prices can also change rapidly within a moment's notice.
The price of gold can be a challenging thing to keep track of because it changes constantly based on current world market conditions, which affects both buying and selling, making it vital for investors to have up-to-date information about where their gold investment might go next. There are plenty of ways to get this data, such as checking market reports from experts to remain involved with the precious metals industry.