stock market gold price

What is the current market price of gold?

Presently, Harmony Gold Mining Company Limited shares are logging -28.99% during the 52-week period from high price, and 36.33% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $3.00 and $5.76.

What is the current market cap of gold?

Source: IMF

• USD 63%
• EUR 20%
• GBP 4.5%
• JPY 4.5%%
• CAD 2%
• AUD 2%
• Other (incl. CHF) 4%

How much does gold cost right now?

Total Gold Value: (USD - U.S. Dollar) $0.00 Total Gold Weight 5% Price Spread (USD) Resultant values will be rounded to two or more decimal places depending on length. Calculator only figures the total value and weight of the gold portion of your items. Does not include any other metals that may have been used to alloy.

How much is gold currently worth?

Therefore, a U.S.-minted gold quarter, which contains 0.25 ounces of pure gold, is currently worth $438.70 in the collectors’ aftermarket. However, this assumes that the coin has a sharp strike with a full original luster but up to two or three noticeable contact marks (MS-66/67).

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How is gold doing in the stock market today?

MARKET IS OPEN (Will close in 11 hrs. 46 mins.)...Gold Price in US Dollars.Gold Spot PriceGold Price TodayChangeGold price in pennyweight86.81-0.17Gold price in tola651.11-1.314 more rows

What's the price of gold on the New York Stock Exchange today?

Gold LIVE QUOTELast 1,809.69 USD% -0.08%Trade Time 08:13:00 PMPrevious Close 1,811.18

Is gold high or low right now?

Live Gold PriceGold Price Last WeekCurrent Price$55,212.32Week High$55,417.68Week Low$54,052.24Week Change+$143.96 (0.26%)

Whats the stock symbol for gold?

XAU=:XAU=: Gold / US Dollar Spot - Stock Price, Quote and News - CNBC.

What is the price of 1 oz of gold today?

$1,698.00MONEX Live Gold Spot PricesGold Spot PricesTodayChangeGold Prices Per Ounce$1,698.00-16.00Gold Prices Per Gram$54.59-0.51Gold Prices Per Kilo$54,590.70-514.40

Can I buy stock in gold?

Investors can invest in gold through exchange-traded funds (ETFs), buying stock in gold miners and associated companies, and buying a physical product. These investors have as many reasons for investing in the metal as they do methods to make those investments.

What will gold be worth in 5 years?

Gold 5 Year Forecast Considering that inflation may be around for longer than a couple of years, we could see gold move from its current price of $1,930 to $2,300 in the next five years. If the US public debt becomes an issue, then the price of gold may hit $3,000 per ounce.

Should I sell gold now?

Gold has been one of the best investments over the long-term. Today, as the stock market goes down, is an especially good time to sell gold, since gold prices tend to rise as the economy and stock market go down.

Should I invest in gold?

Although the price of gold can be volatile in the short term, it has always maintained its value over the long term. Through the years, it has served as a hedge against inflation and the erosion of major currencies, and thus is an investment well worth considering.

What gold stock should I buy?

Newmont Goldcorp (NYSE:NEM) Barrick Gold Corporation (NYSE:GOLD) Franco-Nevada Corporation (NYSE:FNV) Wheaton Precious Metals (NYSE:WPM)

Why is gold called XAU?

XAU may refer to: The ISO 4217 standard code for one troy ounce of gold, considered as a currency. A symbol for the Philadelphia Gold and Silver Index, an index of precious metal mining company stocks that are traded on the Philadelphia Stock Exchange.

How much is an ounce of 24k gold?

24K Gold Price Per Ounce in US DollarOunceUS DollarOunce1 Ounce =1707.4 USD0.00059 USD2 Ounce =3414.8 USD0.00117 USD5 Ounce =8537 USD0.00293 USD10 Ounce =17074 USD0.00586 USD5 more rows

Is gold a good investment right now?

Gold provides a natural hedge against inflation and is regarded as a safe-haven investment during downturns in the economy. The price of gold tends to rise during times of inflation due to its dollar denomination, which offsets the decline in value of the dollar caused by inflation.

Why does gold price rise?

Where is the gold spot market?

Many analysts note that because of gold’s intrinsic value, it is seen more as a currency than a commodity, one of the reasons why gold is referred to as monetary metals.

How many ounces of silver to buy one ounce of gold?

The spot gold market is trading very close to 24 hours a day as there is almost always a location somewhere in the world that is actively taking orders for gold transactions. New York, London, Sydney, Hong Kong, Tokyo, and Zurich are where most of the trading activity takes place.

How many hours does gold trade?

If the ratio is at 60 to 1, this means it would take 60 ounces of silver to buy one ounce of gold. Investors use the ratio to determine whether one of the metals is under or overvalued and thus if it is a good time to buy or sell a particular metal.

What is gold futures?

Gold, actually trades 23 hours a day Sunday through Friday. Most OTC markets overlap each other; there is a one-hour period between 5 p.m. and 6 p.m. eastern time where no market is actively trading. However, despite this one hour close, because spot is traded on OTC markets, there are no official opening or closing prices.

Is gold a metal?

The gold futures market is one of a number of commodity futures, wherein contracts are entered into, agreeing to buy or sell gold at a certain price at a specified future date. Gold futures are used both as a way for gold producers and market makers to hedge their products against fluctuations in the market, and as a way for speculators to make money off of those same movements in the market.

Is September a good month for gold?

Gold is sometimes referred to as monetary metals as it has historical uses as a currency and is seen as a store of value. While relatively small, gold does also have an industrial component because it is less reactive, a good conductor, highly malleable and doesn’t corrode.

What determines the price of 1 oz of gold?

Historically, September is gold’s strongest month .

How is gold worth determined?

Unlike other retail products where the final price of a product is largely defined by branding and marketing, the market price of 1 oz of Gold is determined by many factors including supply and demand, political and economic events, market conditions and currency depreciation.

What is spot price?

The worth of Gold is determined by the current spot price. This price is determined by many factors such as market conditions, supply and demand, and even news of political and social events. The value or worth of a Gold product is calculated relative to the weight of its pure metal content and is measured in troy ounces.

What does the spread mean for gold?

The spot price of Gold is the current price that one ounce of Gold can be bought and sold for immediate delivery. The price for any Gold product is the spot price plus a premium, which is added by all dealers to cover their overhead.

What is a.9999 gold coin?

What does the Spread mean for the Gold price per ounce? The Spread, or the bid-ask spread, is the difference between the Ask Gold price per troy ounce and the Bid Gold price and represents the dealer’s profit.

What is the difference between the spot price and the ask price?

These products are most commonly categorized therefore as either .999 fine or .9999 fine Gold bullion, meaning the product is either 99.9% or 99.99% pure Gold.

What does gold fluctuate based on?

The difference between the spot price and the ask price is known as the premium of Gold per ounce. What is Gold Bullion? Gold bullion refers to a Gold product that is valued by and sold mostly for its metal content and does not contain any numismatic or collectible value.