Gold Price Today per Ounce

Gold Price per Gram in Dollars and Euro, by Fineness

Calculated metal value from the COMEX settlement price on October 9, 2026 ($4,216.30 per troy ounce; 1 troy ounce = 31.1035 g), converted at EUR/USD 1.1232 from the CME future. Jewelry, bars and coins cost more at a dealer and fetch less when sold, because making charges, minting and dealer margins are not included in these values.

How the Gold Price Is Set

Gold trades worldwide in US dollars per troy ounce. A troy ounce weighs 31.1035 grams, about 10% more than the ounce used for food in the US. The two largest markets are the over-the-counter market in London, where the LBMA sets a benchmark price twice a day, and the COMEX futures market in New York, which supplies the prices on this page.

Bars and coins are priced from the same figure plus a premium that depends on size and demand. Small bars and coins cost noticeably more per gram than a one-kilogram bar, and the premium also varies between dealers and over time.

Beyond bars and coins, US-listed funds hold physical gold in vaults, among them GLD. Retail investors in the EU usually cannot buy these funds, because there is no key information document under the PRIIPs regulation.

On October 9, 2026, one ounce of gold cost as much as 69.1 ounces of silver at settlement prices. This gold-to-silver ratio has swung widely over the decades and shows how the two metals move against each other.

Gold Spot Price and Futures Price

Many price tables quote the spot price, the price for immediate delivery in the over-the-counter market, often in real time. This page uses the daily settlement price of the most actively traded COMEX futures contract. A futures contract fixes today's price for delivery at a later date, so it usually trades slightly above spot; the gap reflects interest and storage costs until delivery. When physical supply is tight the gap can turn negative, which happens more often with platinum and palladium than with gold.

Over weeks and years, spot and futures move almost in step, so the performance figures describe the price trend of the metal. On any single day the value here differs from a live spot quote, if only because it shows the close of the previous session.