Gold spot price
The live spot price of gold in U.S. dollars per troy ounce. Spot is the wholesale price for immediate delivery of large amounts of gold, quoted around the clock on weekdays.
Gold price questions
- What is the spot price of gold?
- It is the current market price for one troy ounce of gold for immediate delivery, set by trading in the global wholesale market. Dealers use it as the starting point for the metal value of a coin.
- How much gold is in a 1 oz American Gold Eagle?
- One troy ounce. The coin is 22 karat (91.67% gold) and weighs a little more than an ounce in total because of the copper and silver alloy that makes it harder.
- Why do gold coins cost more than the spot price?
- Spot is the price of raw metal for immediate delivery in large wholesale amounts. A coin adds the cost of minting, distribution and, for certified coins, grading, plus whatever collectors will pay for its rarity, grade or label. That difference is called the premium.