Last Gold Price Today - Live Market Updates
Gold has been a stable choice in uncertain times. Today, its spot price is $2,642.15, up $9.31 from yesterday. This change has caught the eye of investors and experts, who watch gold closely ...
The gold market is influenced by the world's economy and politics. The US Dollar's weakness has helped gold prices stay steady. Gold is trading between $2,626.70 and $2,671.55, showing a tight range ...
Key Takeaways
- Spot gold trading at $2,642.15, up $9.31 from the previous close ...
- Silver prices currently at $30.27, down 15 cents ...
- SPOT market open, closing in 55 minutes ...
- Gold/XAU Ratio at 17.64, Gold/Silver Ratio at 87.74, and Gold/Platinum Ratio at 2.85 ...
- Investors closely monitoring the dynamic shifts in the gold market ...
Current Gold Market Overview
The gold market has seen big changes lately. The spot gold price is around $2,650 per ounce. Over the last 30 days, it has dropped by -105.10 or -3.83%. But, gold prices have gone up by 29.17% or $595.50 compared to last year ...
Latest Gold Trading Figures
The mood in the market has affected gold trading. The Nasdaq Composite index fell by 0.71%. The Dow Jones Industrials Average and S&P 500 Index also dropped, by 0.26% and 0.46%, respectively. Bitcoin fell by 0.38%, but Ethereum's price went up by 1.11% ...
Price Changes and Market Direction
- Gold prices hit $2,640 per ounce on Wednesday. This is a 27.85% increase since 2024 started ...
- The highest gold price was in October 2024, at $2,790.07 per ounce ...
- Experts predict gold might reach $2,749.48 per ounce by the end of the quarter. They also think it could hit $2,846.24 per ounce in the next 12 months ...
The ups and downs in gold bullion prices and spot gold price show the gold market's lively nature. Investors keep an eye on these trends. They use this information to decide how to manage their investments ...
Last Gold Price Today Analysis
Gold is a key player in the global market. Knowing the latest gold price trends is vital for investors and fans. Recent data offers a peek into the gold market's current state ...
In 2024, gold's average closing price was $2,372.65. It started at $2,064.75 and hit a high of $2,790.40. The low was $1,985.43, ending the year at $2,625.59, a 27.16% jump. This was a big contrast to 2021, where prices averaged $1,799.02, opening at $1,913.13 and closing at $1,829.05, a 4.39% drop ...
Looking at the long-term, gold prices have seen ups and downs. In 2016, the average price was $1,249.44. In 2007, it was $696.54. The year 2000 saw an average of $279.25, and in 1996, it was $387.60. These numbers show the gold market's dynamic nature and the importance of keeping an eye on current prices ...
| Year | Average Price | Opening Price | High | Low | Closing Price | Percent Change |
|---|---|---|---|---|---|---|
| 2024 | $2,372.65 | $2,064.75 | $2,790.40 | $1,985.43 | $2,625.59 | 27.16% |
| 2021 | $1,799.02 | $1,913.13 | $1,959.09 | $1,677.12 | $1,829.05 | -4.39% |
| 2016 | $1,249.44 | $1,068.89 | $1,375.06 | $1,068.15 | $1,152.07 | 7.78% |
| 2007 | $696.54 | $636.20 | $845.45 | $601.90 | $833.15 | 30.96% |
| 2000 | $279.25 | $288.12 | $319.50 | $263.26 | $272.25 | -5.51% |
| 1996 | $387.60 | $390.60 | $415.40 | $368.05 | $367.80 | -5.84% |
| 1993 | $374.35 | $328.55 | $405.75 | $326.40 | $390.50 | 18.86% |
The latest gold price data shows gold trading at $2,640 per ounce on Wednesday. This is a 27.85% increase since the start of 2024. Gold hit an all-time high of $2,790.07 in October 2024, showing its potential for growth ...
Experts predict gold prices will keep rising. They forecast $2,749.48 per troy ounce by the end of the quarter. They also predict $2,846.24 in 12 months. These forecasts highlight gold's ongoing strength and appeal as an investment ...
The gold market analysis shows gold's value is key in the global economy. Its bullion price updates affect the economy. Investors and fans should watch gold prices closely and their impact on markets ...
Global Market Influences on Gold Prices
The global gold markets are shaped by many economic and geopolitical factors. These elements affect gold prices, offering both chances and hurdles for investors ...
Economic Indicators and Market Trends
The US economy's strength greatly influences gold prices. With the US economy stable in the fourth quarter, inflation above the Federal Reserve's goal adds to gold price swings. Experts predict gold could hit $2,900 per ounce by 2025, due to geopolitical and fiscal worries ...
US Treasury yields and the US dollar index also play big roles. Recently, gold's value rose as these yields fell and the dollar index dropped. This made gold more attractive to investors holding other currencies ...
Geopolitical Factors
Uncertainty in geopolitics can also sway gold prices. After the US election, gold prices fell from $2,800 to under $2,600 before bouncing back. Experts think Trump's policies could keep gold prices up, as investors look for safe havens ...
Central banks buying gold has also pushed prices up. This trend is likely to continue, with gold seen as a key asset for diversifying portfolios. It's especially valuable when facing inflation or bond market doubts ...
Gold exposure serves as a unique defense for portfolios, particularly in scenarios involving potential inflation increases or loss of faith in the bond market ..
Gold Price Metrics and Ratios
Exploring the current gold market requires understanding key metrics and ratios. The gold rate per gram is $84.77, and per kilo, it's $84,769.96. The price per pennyweight is $131.83, per tola $988.73, and per tael $3,204.20 ...
The platinum market is expected to see a deficit in 2025 for the third year. This could change investor demand. Silver prices have jumped 332% during rate cuts. Experts say AI might boost silver demand, as Peter Krauth from SilverStockInvestor points out ...
These metrics and ratios give a full view of the precious metals market. They help you make smart choices when investing in gold, silver, or other commodities. Keeping up with trends and market changes helps you move through the gold and precious metals world more smoothly ...
What is the current gold price per ounce ?
Today, gold is priced at $2,642.15 per ounce. This is a $9.31 increase from yesterday's close ...
How are other precious metal prices performing today ?
Silver is at $30.27, down 15 cents. The market is open, and it will close in 55 minutes ...
What are the bid and ask prices for gold today ?
Gold's bid/ask is $2,636.60/$2,637.60 per ounce. Prices have ranged from $2,626.50 to $2,658.40 today ...
What are the key gold market ratios ?
The current ratios are: Gold/XAU Ratio: 17.64, Gold/Silver Ratio: 87.74, Gold/Platinum Ratio: 2.85 ...
What are the recent changes in the gold price ?
Gold prices rose on Wednesday morning. They are near session highs after U.S. durable goods rose 0.2% in October. Gold is above $2,650 as Q3 GDP expanded 2.8%. The 30-day change is -$105.10 ( -3.83% ), and the 1-year change is +$595.50 ( +29.17% ) ...
What are experts saying about the future of gold and Bitcoin ?
Peter Schiff and Robert Breedlove are discussing Bitcoin and gold's future. They talk about inflation, the economy, and the gold standard. They believe modern technology makes gold even more valuable ...
What are the factors influencing the gold market currently ?
The U.S. economy is stable in early Q4, but inflation is high. Gold prices are expected to reach $2,900/oz by 2025 due to geopolitics and fiscal concerns. Gold is gaining as U.S. Treasury yields dip and the USDX is down. It's also expected to benefit from Trump-induced uncertainty ...
What are the different gold price metrics ?
The price of gold per gram is $84.77, per kilo is $84,769.96. Prices are also given per pennyweight, tola, and tael ...
What is the outlook for the platinum market ?
The platinum market is expected to see a deficit in 2025 for the third year in a row ...
What is the historical performance of silver during rate cut cycles ?
Silver prices have spiked 332% during rate cut cycles, according to Peter Krauth. AI may be the next driver for silver demand ...