The gold price fluctuates continuously as a result of movements in the international financial markets. On this page, you will find the current gold price per gram, kilogram and troy ounce, supplemented with an overview of historical price developments. By reviewing both the live and historical data, you gain a clearer understanding of broader trends in the gold market.
The gold price is strongly influenced by factors such as interest-rate expectations, inflation, geopolitical uncertainty and the strength of the US dollar. These elements drive both short-term volatility and long-term trends. The chart on this page shows how gold has behaved across various economic cycles.
Would you like to receive an alert when the gold price reaches a certain level? You can easily set a free price alert. The gold price can also be monitored 24 hours a day through international sources such as goldprice.org.
Current rate: € 117.961,18
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:
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grams × 0.032151 = troy ounces
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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.Â
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, 2016 the gold price was €31,403 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 2006 the gold price was around €13,500 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
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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.
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.
These are the most frequently asked questions about the gold rate
Frequently asked questions about the gold price
Why is the gold price rising so quickly?
The gold price can rise rapidly when investors anticipate greater economic uncertainty, changes in interest rates or persistent inflation. When markets expect lower real interest rates or see increasing geopolitical tension, demand for gold typically increases. This can lead to strong price movements that are immediately visible in the chart.
How can I tell whether the current gold price is high or low compared with the past?
You can assess this by comparing the current price with historical peaks and troughs to see whether gold is relatively expensive or attractively priced. The historical chart shows how gold reacted during previous periods of inflation, low interest rates or economic uncertainty. This helps put the current price into perspective without providing any form of investment advice.
What does the historical gold price indicate about future trends?
Historical data shows how gold has behaved in different economic environments, but it does not predict future performance. However, history reveals that gold often finds support during periods of high inflation, rising government debt or declining real interest rates. The chart illustrates how such trends have influenced price movements in the past.
Why does the gold price sometimes move within minutes?
Gold is traded around the world 24 hours a day and reacts immediately to economic news and market expectations. New figures on inflation, economic growth or interest rates often trigger instant price reactions. Intraday charts show these movements clearly.
Why is the price of a physical gold bar higher than the spot price?
The spot price reflects only the value of pure gold; physical products carry an additional premium. This premium covers refining, production, packaging and logistics. As a result, the selling price of a gold coin or gold bar is always higher than the spot price.
Why does the gold price differ in euros compared to US dollars?
Gold is traded internationally in US dollars, meaning the price in euros fluctuates with the exchange rate. If the euro weakens against the dollar, the gold price in euros rises, even when the global dollar price remains unchanged.
Which factors are currently driving the gold price the most?
Key drivers include interest-rate expectations, inflation, geopolitical uncertainty and the financial health of major economies. These elements influence demand for safe-haven assets and play an essential role in the price movements visible in the chart.
What do historical peaks and lows tell us about risks in the gold market?
Extreme highs or lows in the chart often reflect periods of turbulence or unusual market conditions. Historical data shows that strong price increases are frequently followed by consolidation phases, during which the market stabilises before a new trend emerges.
Why does the gold price per gram differ from the price per kilo or per troy ounce?
The underlying value of the gold is the same, but the price per unit differs due to market conventions and scale effects. The troy ounce is the international standard unit; grams and kilos are mainly used for clarity and comparison. The chart displays all units so you can easily evaluate differences.
Disclaimer: This article is not intended to be professional investment advice or a recommendation to make certain investments.