Is gold up or down today?
MONEX Live Gold Spot Prices
| Gold Spot Prices | Today | Change |
|---|---|---|
| Gold Prices Per Ounce | $1,807.00 | +14.00 |
| Gold Prices Per Gram | $58.10 | +0.45 |
| Gold Prices Per Kilo | $58,095.05 | +450.10 |
Where can I track gold prices?
Where can I check the current gold rates? Visit MyGoldGuide’s price page to know the price of gold per gram for 22 and 24 karat gold. You can also check the current gold rates on business news channels, in the market tracker section of newspapers or on verified apps such as Kcast Gold Live or Gold Price Live.
How is gold made?
Gold, like most heavy metals, are forged inside stars through a process called nuclear fusion. On Earth, gold finally reached us some 200 million years after the formation of the planet when meteorites packed with gold and other metals bombarded its surface.
What’s the difference between Live Gold and spot gold?
The live gold price is also referred to as the spot gold price. Live gold prices represent the price of gold right now as opposed to some date in the future. The price of gold can be affected by many different inputs, and live gold prices can keep you up to date on market movement.
How does the price of gold get determined?
The spot price is always on the move, and live gold quoted depict this movement and keep investors up to date on changes in price. The spot price of gold is determined using a gold futures contract. Exchange-traded futures contracts, such as those that trade on the COMEX Exchange, are used to provide spot gold prices.
Where does the live gold price come from?
The spot, or live gold price, may be represented using a front month, or near-term contract month. Conversely, they may also be derived from a deferred month contract. The month used for depicting the live gold price is typically the nearest month with the most substantial trading volume.
What does the spread in gold prices mean?
The Spread, or the bid-ask spread, is the difference between the Ask Gold price per troy ounce and the Bid Gold price and represents the dealer’s profit. Dealers will offer to sell Gold to you for the Ask price, and when you decide to sell Gold back, the dealer will pay the Bid price.
