Gold Price Today

The current market value (spot price) of Gold today is $4,964.30 per troy ounce (31.1035 grams, approximately 0.0686 pounds or 2.666 tola). Current quotes: bid price — $4,963.01, ask price — $4,965.59. The highest price in the last 24 hours reached $4,971.53, while the lowest was $4,655.40. The daily change is +$186.24, which equals +3.90%.

Gold valuation is influenced by various factors:

• global interest rates;
• international exchange rates, including the US dollar;
• inflation;
• geopolitical tensions;
• demand from investors and the jewelry industry.

One troy ounce equals 31.1035 grams. Below are the equivalents in other units commonly used in calculations:

• 1 troy ounce (toz) = 31.1035 grams
• 1 regular ounce ≈ 28.35 grams
• 1 pound (lb) = 453.592 grams
• 1 pound (lb) ≈ 14.583 troy ounces
• 1 troy ounce ≈ 0.06857 pounds (lb)
• 1 tola = 11.667 grams
• 1 troy ounce ≈ 2.43 tola
• 10 grams ≈ 0.32 troy ounces
• 1 gram ≈ 0.03215 troy ounces