Gold price and chart
| Weight | EUR | USD |
|---|---|---|
| Gold Price per Gram | €93.44 | US$105.84 |
| Gold Price per Ounce (1oz) | €2,906.46 | US$3,291.85 |
| Gold Price per Kilo | €93,444.70 | US$105,835.47 |
| 24H Change | -0.27% | -0.96% |
| Weight | Euro (EUR) | US Dollar (USD) | Pound (GBP) | Swiss Franc (CHF) |
|---|---|---|---|---|
| Gold Price per Gram | €93.44 | US$105.84 | £79.41 | CHF 87.76 |
| Gold Price per Ounce (31,1 Grams) | €2,906.46 | US$3,291.85 | £2,469.91 | CHF 2,729.74 |
| Gold Price per Kilo | €93,444.70 | US$105,835.47 | £79,409.31 | CHF 87,763.26 |
| 24H Change | -0.27% | -0.96% | -0.46% | -0.56% |
ℹ︎ The gold “spot” price is the price at which gold is traded on the international markets. It corresponds to the “GoldSpot” price.
Gold US$3,323.97 / oz
Discover the Technical Analysis applied to the gold price
International gold prices
Gold is traded on financial markets around the world.
Features of the VeraCash listing
The price of gold on VeraCash is updated every 15 minutes, Monday through Friday (CEST). Along with the international gold price, the VeraCash quotation can fluctuate upward or downward depending on changes in the calculation parameters mentioned above.
The “GoldSpot” spot quote results from the aggregation of different data:
- the spot price for gold (XAU),
- the LBMA Gold Price,
- data from the global markets cited above in which precious metals are traded.
The “GoldPremium” quotation adds a premium onto the spot price that is calculated according to the volume of the exchanges on all the group’s platforms, including AuCOFFRE.com, VeraCash and VeraOne (LinGold) as well as the manufacturing costs of the Vera Valor currency.
The gold products that constitute the store of value deposited in the VeraCash® account are physical, 100% allocated and regularly audited and monitored.
The gold bars and gold coins stored in our safes at Geneva Freeports are products recognised by local and international markets, especially due to their universal format. These are “Good Delivery” gold products, following a universally recognized quality standard certified by the foundry assayer’s stamp placed on each product by partner foundries, systematically members of the LBMA.
Buy and sell metal prices at VeraCash
At VeraCash, you buy 100% allocated physical gold. Its value is expressed in grams and in EUR, to five decimals.
GoldSpot
- Gold 1gr: €93.44 / US$105.84
- Gold ounce: €2,906.46 / US$3,291.85
- Premium: 0.00%
- 24h Variation in EUR: -0.27%
- GoldPremium 1gr: €97.56 / US$110.49
- GoldPremium ounce: €3,034.34 / US$3,436.69
- Premium: 4.40%
- 24h Variation in EUR: -0.08%
Silver
- Silver 1gr: €1.09 / US$1.24.
- Silver Ounce: €33.98 / US$38.48
- Premium: 18.00%
- 24h Variation in EUR: -0.32%
How is the gold spot price calculated?
If you want to buy gold, it is interesting to know how the gold market works. The price of gold is constantly changing and many factors influence this fluctuation. Supply and demand, current events or even market speculation all have an impact on how the price of gold is determined.
The “spot” price is the cash price equivalent of gold at which professionals trade gold on stock exchanges. Gold and other precious metals (silver, palladium and platinum) are bought and sold 24 hours a day on the New York (COMEX + NYMEX + CBOT + CME), London (LBMA), Sydney, Hong Kong and Zurich stock exchanges. These stock exchanges influence and determine the spot price of gold.
Gold price history
Since the end of the gold standard in 1971 and the end of the convertibility of the US dollar into gold, the price of the yellow metal has continued to rise. Since then, investors from all over the world have been buying gold for its safe haven status and as a hedge against risk. The gold price is very closely followed.
In the 1970s, the oil shocks had a major impact on the price of gold: 60% in 1974 and even a 293% increase between 1979 and the beginning of 1980. Geopolitical tensions and conflicts also influenced its price. But in the 1980s and 1990s, gold was abandoned by investors. Gold rebounded again in 2001 following the World Trade Center attacks and in 2008 with the subprime crisis. Thus, the price of gold over 20 years rose from 303 euros per ounce in January 2000 to 1553 euros in January 2020!
In 2020, the Covid-19 pandemic has a strong impact on the price. In March, gold underwent a sharp correction following massive ETF sales on the stock markets and regained its role as a safe haven from April onwards. In the following months, the price of gold broke several records, reaching an all-time high of $2089 per ounce on 7 August 2020.
Gold bullion coin prices
GoldPremium is mainly backed by Vera Valor coins, so the premium that is added to the spot price is the premium of the Vera Valor. You can visit our GoldPremium page to learn more about the premium effect of gold bullion and legal tender coins.
What is the price of one gram of gold today?
- Today, the spot price for a gram of gold is €93.44 and US$105.84.
- The price per gram of GoldPremium gold is €97.56 and US$110.49.
The premium applied is 4.40%.
What is the price of one gram of gold today?
- Today, the spot price for a gold ounce is €2,906.46 and US$3,291.85.
- The price for an ounce of GoldPremium is €3,034.34 and US$3,436.69.
The premium applied is 4.40%.
What is the gold price in the United Kingdom?
In the United Kingdom, the price of gold is determined on the basis of LBMA Gold Price, a price administered by the ICE Benchmark Administration Ltd., an independent third party provider that provides the price platform, methodology as well as the overall administration and governance for the LBMA Gold Price. The price is set in US dollars. Sterling and euro prices are available but these are indicative prices for settlement purposes only. Gold prices are set twice a day, at 10:30 a.m. and 3:00 p.m. This Gold Price is established on the basis of electronic auctions conducted on the ICE Trading Platform auctions, the final prices of which are then published as the LBMA Gold Price.