Gold Price Per Ounce Today
The current gold price per troy ounce is $5,019.70 (XAUUSD spot rate). Gold is down $114.40 (2.23%) on the day.
That's $161.39 per gram, $161,386.99 per kilogram, or $1,882.39 per tola.
Gold Price by Quantity & Karat
| Quantity | 24K (Pure) | 22K | 18K | 14K |
|---|---|---|---|---|
| 1 oz | $5,019.70 | $4,601.56 | $3,764.78 | $2,927.99 |
| 5 oz | $25,098.50 | $23,007.80 | $18,823.88 | $14,639.96 |
| 10 oz | $50,197.00 | $46,015.59 | $37,647.75 | $29,279.91 |
| 1/2 oz | $2,509.85 | $2,300.78 | $1,882.39 | $1,464.00 |
| 1/4 oz | $1,254.93 | $1,150.39 | $941.19 | $732.00 |
| 1/10 oz | $501.97 | $460.16 | $376.48 | $292.80 |
Prices derived from live XAUUSD spot rate. 1 troy ounce = 31.1035 grams. Updated every 30 seconds.
Understanding the Troy Ounce
A troy ounce weighs 31.1035 grams — roughly 10% more than a regular (avoirdupois) ounce at 28.3495 grams. Gold is always quoted in troy ounces, and XAUUSD represents the price of exactly one troy ounce in US dollars. This convention dates back centuries and applies to all precious metals.
The spot price you see on this page reflects the current market rate for immediate delivery. It differs slightly from the London fix — a twice-daily benchmark set by the LBMA at 10:30 AM and 3:00 PM London time. The fix is used for large institutional settlements, while the spot price moves continuously throughout the trading day.
For real-time charting, see our live XAUUSD chart. To convert to smaller units, visit gold price per gram.
Frequently Asked Questions
How much is 1 ounce of gold today?
One troy ounce of gold is currently worth $5,019.70 based on the live XAUUSD spot rate. This price updates every 30 seconds during market hours.
What is a troy ounce vs a regular ounce?
A troy ounce weighs 31.1035 grams, while a regular (avoirdupois) ounce weighs 28.3495 grams. Gold, silver, and other precious metals are always quoted in troy ounces. One troy ounce is about 10% heavier than a standard ounce.
How much is 10 ounces of gold worth?
At the current spot price, 10 troy ounces of 24K gold is worth $50,197.00. For 22K gold, the value is approximately $46,015.59, and for 18K gold, roughly $37,647.75.
What is the XAUUSD spot price?
XAUUSD is the ticker symbol for the gold spot price in US dollars. It tells you exactly how many dollars one troy ounce of gold costs right now. XAU is the ISO 4217 currency code for gold, and USD is the US dollar. The spot price reflects immediate delivery, unlike futures which price gold for a future date.