Gold Price
The most commonly cited gold price is the 24-hour New York spot gold price* (shown here, prices in U.S. Dollars). Gold Prices refer to 1oz (31.1 grams 24k .999 fine gold)
Goldman Diamond Exchange
Live gold price
Current gold price site with live gold price charts in ounces. Live 24-hour Spot Gold Chart from New York.
Gold
Bars
The most traditional way of investing in gold is by buying bullion gold bars. In some countries, like Canada, Austria and Switzerland, these can easily be bought or sold at the major banks.
Coins
Gold coins are a common way of owning gold. Bullion coins are priced according to their fine weight, plus a small premium based on supply and demand (as opposed to numismatic gold coins which are priced mainly by supply and demand based on rarity and condition).
Central banks
Central banks and the International Monetary Fund play an important role in the gold price.
Hedge against financial stress
Gold, like all precious metals, may be used as a hedge against inflation, deflation or currency devaluation.
Jewelry and industrial gold demand
Jewelry consistently accounts for over two-thirds of annual gold demand. India is the largest consumer in volume terms, accounting for 27% of demand in 2009, followed by China and the USA.
Gold jewelry recycling
In recent years the amount of second-hand jewelry being recycled has become a multi-billion dollar industry. Some companies have been offering good prices and fair services for their customers. The term “Cash for Gold“ refers to a service for people to earn cash by selling their old, broken, or mismatched gold jewelry to local and online gold buyers.
Gold is a chemical element with the symbol Au and atomic number 79.
Gold is a dense, soft, malleable, and ductile metal with an attractive, bright yellow color and luster that is maintained without tarnishing in air or water.
Live gold price
Current gold price site with live gold price charts in ounces. Live 24-hour Spot Gold Chart from New York.
1-888-758-9040
We buy coins.
The Austrian (also Vienna) Philharmonic is the best-selling gold coin in Europe.
The American Gold Eagle is an official gold bullion coin of the United States.
The Canadian Gold Maple Leaf is the official bullion gold coin of Canada, and is produced by the Royal Canadian Mint.
Gold ‘Wins’ Out In The End: Ron Paul
Kitco News sits with Ron Paul, a keynote speaker at the Metals & Minerals Investment Conference, by Daniela Cambone (watch video)
Guest(s): Ron Paul
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Gold Below $1,300 On ‘Very Dismal’ GDP Data, FOMC On Deck: Peter Hug
Kitco News speaks with Peter Hug following the release of weak Q1 GDP numbers (watch video)
Guest(s): Peter Hug
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Thursday April 10, 2014 8:14 AM
By Jim Wyckoff , contributing to Kitco News
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By Khalid Al-Ansary & Nicholas Larkin
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By Jim Wyckoff , contributing to Kitco News
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Guest(s): David Gurwitz Managing Director
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By Jim Wyckoff
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Guest(s): Adam Button Editor, ForexLive
P.M. Kitco Roundup: Gold, Silver Hit 4-Month Highs On Bullish Chart Postures
Gold and silver prices ended the U.S. day session solidly up and scored four-month highs Monday. (read more)
By Jim Wyckoff