Gold rate

The gold price today changes constantly. In the chart above you can see the current gold rate per kilo and per troy ounce. You can select periods ranging from one hour to seven years to track how the gold price has developed.

Would you like to be notified once the gold price reaches a certain level? Simply set up a free price alert. The gold rate can also be followed 24 hours a day on goldprice.org.

How is the gold rate determined?

The gold rate is driven by supply and demand on international markets. Traders work with bid and ask prices; the average of these is called the mid-price.

The largest gold trading hubs are London (LBMA) and New York (COMEX). In London the official fixing takes place every working day at 10:30 a.m. and 3:00 p.m. This fixing, together with trading on COMEX, forms the basis of the global gold price.

Live gold price chart: from 1 hour to 7 years

With the interactive gold price chart you can view both short- and long-term developments. You can choose hourly, daily, monthly or multi-year periods.

On an hourly basis you can see how the price reacts to news, such as interest rate decisions or economic data. The gold price today shows what movements occur within a single trading day. Looking further back, you’ll see that since 2013 the gold price has more than doubled, that during the financial crisis of 2008 the rate doubled in a short time, and that over the past fifty years the trend has been upward, especially in times of economic or political uncertainty.

Gold price per kilo and gold price per ounce

Gold is quoted internationally in troy ounces. One troy ounce equals 31.103 grams; one kilo of gold equals 32.15 troy ounces.

The gold price per kilo is relevant when buying bars, while the gold price per troy ounce is the standard in international trade and often used for coins.

Conversions can easily be made:

• grams × 0.032151 = troy ounces

• troy ounces ÷ 0.032151 = grams

See also our current range of gold bars and gold coins.

Factors influencing the gold price

The gold price is influenced by several factors: inflation and interest rates, economic or political uncertainty, fluctuations in exchange rates and global demand for precious metals.

Want to know if this is a good time to buy gold? Read our article on investing in gold.

Historical gold price chart (10,20 and 50 years)

The historical gold price shows that gold often rises in uncertain times. During the financial crisis of 2008 the price doubled within a short period. Around 2020, during the pandemic and geopolitical tensions, record highs were reached again.

In September 2025 the gold price surpassed €100,000 per kilogram for the first time. 

Past performance does not guarantee future results, but it illustrates why gold is considered a safe haven worldwide.

Gold price last 10 years

On January 1, 2013 the gold price was €40,317 per kilo. Due to low interest rates and rising inflation, the price has more than doubled since then.

source: goldprice.org

Gold rate over the past 20 years

In 2003 the gold price was around €10,500 per kilo. During the crisis of 2008 the rate doubled, followed by a more stable period, and from 2020 onwards another strong increase.

source: goldprice.org

Gold rate over the past 50 years

Gold has also risen strongly over the past 50 years. From around $3,500 per kilo in the 1970s to more than $63,000 today. Major peaks occurred around 1980, 2008 and 2020, each during global economic or political turmoil.

source: goldprice.org

Gold spot price vs. future price

There are two pricing systems in gold trading. The spot price is the current gold price at which a transaction takes place immediately. The future price is an agreed rate for delivery at a later date.

The spot price is the basis for the chart and the current gold rate. Futures are mainly used on exchanges such as COMEX to secure future transactions.

Global gold market developments

According to the World Gold Council, more than 205,000 tonnes of gold have now been mined worldwide. Because gold does not decay and can always be reused, almost all gold ever mined still exists. This makes gold scarce and valuable in the long run.

Every day, tens of millions of troy ounces of gold are traded worldwide, mainly via the LBMA and COMEX. This makes gold one of the most liquid markets in the world.

Disclaimer: This article is not intended to be professional investment advice or a recommendation to make certain investments.