Live Gold Price in USD

Latest USD Gold Rate

Our live chart is updated every 5 seconds to give you the live gold price movements priced in US Dollars over the last 20 minutes. Our comprehensive historic gold price charts offer access to gold prices, dating back to 1970. This enables you to view long term price trends, calculate returns on investments and to make informed decisions when you're considering buying gold or selling gold. To customise the chart, simply click on the buttons to select your preferred time period, currency and weight measurement.

How the Gold Price is Set

Our live gold price chart is compiled from live data points around the world which record actual gold prices used for transactions. The gold price per ounce is set in $USD, then is converted to local currency values in line with current currency conversion rates. Therefore, the gold price is adjusted to take the current exchange rate between $USD and £GBP into account. When the currency exchange rate changes, then the resulting spot price will also change.

Gold Spot Price in USD

The price of gold bars and gold coins is closely tied to the spot price, which is the current market price for gold that is traded on major exchanges, such as the COMEX in New York and the London Bullion Market Association.

Supply and demand in the global gold market determines the spot price of gold. Moreover, a variety of factors such as economic data, geopolitical events, and currency fluctuations influence the daily gold price.

The spot price is used as a benchmark for pricing of gold products such as a gold bar, a gold coin, and futures contracts. It is also an important indicator for investors who use gold as a hedge against inflation or as a safe-haven asset during times of market turbulence.

The value of the US dollar often has an inverse relationship with the price of gold, meaning that as the dollar strengthens, the price of gold tends to decrease, and vice versa.