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For a long term chart (44+ years) go to Long-term Historical Gold Spot Price Charts in USD.
Spot Gold Chart – Daily bars
Spot Gold Chart – Hourly bars
Spot Gold Information
What is the Spot Gold Price?
The spot gold price is de current gold price to buy and sell gold right now for almost immediate payment and delivery by professional bullion dealers. Typically, the spot gold price is quoted in U.S. Dollars per troy ounce (USD/oz). This is the standard measure in which gold is traded on the international markets. The spot price is continually changing because it is the price at which buyers and sellers agree to value gold driven by supply and demand.
Spot Gold trading is worldwide available for ca. 23 hours a day during week days. The opening times and online trading hours of the main gold exchanges are:
|Japan||Tokyo||00:00 – 06:30 / 08:00 – 14:00 (GMT)|
|Jakarta||Jakarta||02:30 – 10:30 (GMT)|
|India||Mumbai||04:30 – 18:00 (GMT)|
|UAE||Dubai||04:30 – 07:30 (GMT)|
|Pakistan||Islamabad||05:00 – 13:0 (GMT)|
|UK||London||08:00 – 17:00 (GMT)|
|USA||New York||13:20 – 18:30 (GMT)|
Online gold trading hours in Australia, Canada, Europe, New Zealand, South Africa, Thailand, and The Philippines run almost 24 hours a day. Trading times may vary over weekends and holidays.
Why Buy and Invest in Gold?
You can buy gold for several reasons:
- As an inflation hedge
- As a hedge against geopolitical instability and crisis
- Protect against weakness of the U.S. Dollar
- To diversify your portfolio
- To speculate
- As golden jewelry gifts, e.g. marriage
- For religious ceremonies