Gold Price per Ounce Today
Live gold spot price per troy ounce (31.1035 grams) from COMEX and LBMA.
XAU/USD Spot Price
$3,050.00
per troy ounce (31.1035g)
▲ +$12.50 (+0.41%)Gold Price by Unit of Measurement
| Unit | Weight | Price (USD) | Price (INR) |
|---|---|---|---|
| 1 Troy Ounce | 31.1035g | $3,050.00 | ₹2,54,675 |
| 1 Gram | 1g | $98.06 | ₹8,188 |
| 10 Grams | 10g | $980.60 | ₹81,880 |
| 1 Tola | 11.66g | $1,143.75 | ₹95,503 |
| 100 Grams | 100g | $9,805.97 | ₹8,18,799 |
| 1 Kilogram | 1000g | $98,059.64 | ₹81,87,980 |
Gold Price per Ounce - 30 Day Chart
Gold Price by Ounce
1 Troy Ounce
$3,050.00
31.1g
2 Troy Ounces
$6,100.00
62.2g
5 Troy Ounces
$15,250.00
155.5g
10 Troy Ounces
$30,500.00
311.0g
About Gold Pricing per Ounce
The gold price per ounce is the global standard for quoting precious metal prices. All major exchanges including COMEX (New York), LBMA (London), and the Shanghai Gold Exchange use troy ounces as the base unit.
Troy ounce: A unit of weight equal to 31.1035 grams, used exclusively for precious metals. It is 10% heavier than a standard (avoirdupois) ounce of 28.35 grams. The name comes from the French market town of Troyes, where this weight standard was established in the Middle Ages.
FAQs - Gold Price per Ounce
How much is 1 ounce of gold today?
1 troy ounce of gold is currently priced at approximately $3,050.00 on the international spot market. This is the standard unit used for gold pricing worldwide. Note that a troy ounce (31.1035g) is slightly heavier than a regular avoirdupois ounce (28.35g).
What is a troy ounce?
A troy ounce is the standard unit of measurement for precious metals. It equals 31.1035 grams, which is about 10% heavier than a regular (avoirdupois) ounce of 28.3495 grams. The troy system originated in Troyes, France and has been used for precious metals since the Middle Ages. 1 troy ounce = 31.1035 grams = 20 pennyweights.
How many grams in an ounce of gold?
One troy ounce of gold contains exactly 31.1035 grams. This is different from a standard ounce (28.35g). When gold prices are quoted 'per ounce,' they always refer to troy ounces. To convert: price per gram = price per ounce ÷ 31.1035.
How much is 1 kg of gold worth?
1 kilogram (1000 grams) of gold equals approximately 32.15 troy ounces. At the current spot price of $3,050.00/oz, 1 kg of gold is worth approximately $98,057.50. Gold bars commonly come in 1 kg, 100g, and 1 oz sizes.
What is the difference between spot price and retail price?
The spot price is the current market price for immediate delivery of raw gold. Retail prices for physical gold (coins, bars) include a premium of 3-10% above spot to cover manufacturing, shipping, dealer margins, and insurance. Popular coins like American Gold Eagle or Canadian Maple Leaf typically carry a 4-6% premium.