What is the price of gold?

Price of Gold. Gold Price per Ounce: 1,777.29. 41.23. Gold Price per Gram: 57.14. +1.33. Gold Price per Kilo: 57,141.04.

What currency is gold traded in?

Gold is traded all over the globe, and is most often transacted in U.S. Dollars. Gold can, however, also be transacted in any other currency after appropriate exchange rates have been accounted for. That being said, the price of gold is theoretically the same all over the globe.

What is a gold spread?

The spread is the price difference between the bid and the ask price. Both gold and silver are fairly liquid markets so traders can expect to see a fairly narrow spread in these markets; however, other precious metals may have wider spreads, reflecting a more illiquid marketplace. IS THERE A GOLD BENCHMARK?

What are gold and silver fixings?

Because there is no official closing or opening price for gold or silver, market participants rely on benchmark prices, set during different times of the day by different organizations. These benchmarks are also referred to as fixings.