Gold Price Today: Live Gold Rate Per Gram
Real-time gold prices per gram for 24K, 22K, 18K, and 14K purity across 20+ global currencies. Updated every 5 minutes during market hours.
Gold Price by Country & Currency
How Gold Prices Are Calculated
Gold prices you see above are derived from the international spot price of gold, which is quoted in US dollars per troy ounce. A troy ounce equals 31.1035 grams, which is slightly heavier than a standard (avoirdupois) ounce of 28.35 grams. The spot price represents the current market value for immediate delivery of pure 24 karat gold.
To estimate a price per gram, divide the USD spot price per troy ounce by 31.1034768. To estimate another purity, multiply the pure-gold price by its fineness fraction—for example, use 0.916 for 22K. The displayed market price can change, so use the live value shown above rather than a fixed example.
Local-currency estimates also depend on the exchange rate used by the price service. Currency conversions and local retail quotes may differ from a seller's posted rate, especially when market prices move or the quote includes additional charges.
Important: The prices shown are estimated metal value, not a retail quote or guaranteed selling price. Jewelry totals can include making charges, taxes, and other seller-specific costs. Use our Making Charges Calculator to add a charge to an estimate.
What Affects Gold Prices Today?
Central Bank Policy
When the US Federal Reserve raises interest rates, gold often falls because bonds become more attractive. When rates drop, gold typically rises as the opportunity cost of holding non-yielding assets decreases.
US Dollar Strength
Gold is priced in USD globally. When the dollar strengthens against other currencies, gold becomes more expensive for non-US buyers, often reducing demand and pushing prices down.
Geopolitical Tension
Wars, trade disputes, and political instability drive investors toward safe-haven assets. Gold typically surges during major conflicts, as seen during the Russia-Ukraine war and Middle East tensions.
Indian & Chinese Demand
India and China together consume over 50% of global gold production. Wedding season (October-January) and festival periods (Diwali, Chinese New Year) create predictable seasonal demand spikes.
Inflation Expectations
Gold is the ultimate inflation hedge. When investors expect rising inflation, they buy gold to preserve purchasing power. This is why gold hit record highs in 2024 as inflation surged globally.
Mining Supply & Recycling
Global gold mining produces ~3,600 tonnes annually, while recycling adds another 1,200 tonnes. If mine supply drops (due to ore grade decline or political issues in major producers like South Africa or Russia), prices rise.
Gold Price FAQs
Next tools and guides
This is an estimate based on spot price. Actual buyer offers may vary based on market, fees, condition, purity verification, and dealer margin. Not financial advice, tax advice, religious advice, or an official offer to buy or sell precious metals. Always verify with a qualified professional before making important decisions.