Silver Gold Bull's Gold price chart displays real-time data for Gold prices today and the historical price of Gold per ounce. Please scroll down for a full, interactive gold price chart. Take your time and browse our most popular gold bullion categories. Sign up for a Spot Alert and get notified when your target gold price gets hit.
The human race has had a historical relationship with gold dating back to our earliest civilizations. As we examine gold in the ancient past, what becomes clear is that our earliest rulers didn’t just own gold, they were obsessed with it. They clad themselves in gold, and used gold to embellish their most sacred monuments, holy shrines, burial sites and temples of worship.
Since many age-old societies actively worshipped the sun as a god, it is understood that the colour of gold and the golden colour of the sun became correlated, allowing the ruling class who shone in golden light to possess the unquestionable allure of god-like reverement. From the perspective of the early common people, gold was seen as something precious & god-like that only the ruling elite were entitled to own.
As centuries passed and cultural gold values began to evolve, the commoners slowly began to own tiny amounts of gold. Because it was so scarce and so many buyers wanted to own it, the price of gold was extremely high, as it was “of the gods”. This high valuation of gold has trickled down through history and evolved into the present day.
In our society where billions are made daily in the stock market, what purpose does gold serve to the modern investor?
The up and down valuation of global economic markets perpetually fluctuates from one moment to the next. Each sector, whether it be technology, medicine, finance, biotech, heavy industry, natural resources and so on all are connected to the ever-changing landscape of global market valuation. Due to the extensive factors involved in predicting the future of market trends, even some of the wisest investors can't say with certainty what the future holds for their ROI. With the impending threat of a market crash looming forever tomorrow, where is the safest place to invest in order to make the most ROI?
A useful tool to aid investors through market crashes is a healthy investment in gold bullion. Gold offers a form of economic insurance to investors and has no other equivalent – as markets crash and stocks drop off the charts, gold historically enters into a powerful up-trend & bull run.
Investors across the globe agree that all bubbles burst, which is a phrase used in economics to express “all market up-trends will eventually become down-trends”.
What is critical to understand about this recurring phenomena is that these up and down cycles are necessary balancers for the fair valuation of global markets.
When the stock market becomes too over-valued and warning signs of an impending crash start flashing, nervous investors looking to earn the maximum ROI from their stock portfolio begin pulling out their assets in vast numbers, sensing their patiently-earned gains may soon vanish. This panic-frenzy of sell-off behaviour across the market pushes towards an irreversible tipping point. At this time, much of the stock market becomes bearish and succumbs to buyer fears and economic turbulence.
Wise investors know that investing in gold prior to a market crash is one of the smartest situations to be in financially.
Gold is the ultimate “safe haven” investment tool for the veteran investor.
Gold, silver and other precious metals and their cycles of fair valuation have a unique relationship with up and down trends in the stock markets. In a market crash scenario, as traditional stocks plummet in value faster than investors can sell, a gold bull market quietly begins to take shape. Gold prices historically rise after these major market crashes as more and more investors push their currency into precious metal assets, knowing the value of their dollars will be stored and grown. This gold bull run cycle typically lasts several years and has historically been responsible for unprecedented financial ROI for patient investors.
Scenario: the market has crashed, investors are selling stocks in an irreversible panic frenzy. In the months ahead, economic uncertainty conditions the populace to save their money as much as possible and not to spend. Like an economic time-bomb, these dollars sit quietly, waiting to have purpose. When this frugality mindset breaks and confidence is restored in the market, a large-scale sudden wave of spending can cause a rapid influx of dollars to over-flood the economy.
When there are more dollars to spend on goods than there are goods to sell, increased levels of inflation (“the hidden tax”) or even the rare economic killer known as “hyper-inflation” have historically occurred soon after. When this phenomena begins, inflation spirals out of control and collapses the economy into a devastating state, similar to the hyper-inflation of German currency leading up to WWII.
Dollars simply do not store value through turbulent economic periods, they can actually become quite useless - the germans used to burn them for warmth because it was more expensive to buy firewood with their currency!
Without a safe place to store the value locked inside our hard-earned currency, most of us stand to suffer a preventable loss - unless of course the value within our currency is translated into the form of gold bullion.
Follow real-time gold price changes with our live gold price chart. Examine historical gold data over the past 30 years to gain insight into how the price of gold trends in the long-term. Our gold price charts are easy to use and always up to date with the latest gold prices. Hover over any point in the chart to see specific gold price information for that particular point in time.
Like any other publicly-traded commodity, there are many factors that determine the spot gold price. In light of these variables, live gold prices are volatile and change every minute of every day.
A few major factors that determine the current price of gold include (but are not limited to):
Real world events shape the price of gold in many different & unpredictable ways. For example, if uncertainty in the economy were to create a massive sell-off in the stock market, physical gold traditionally becomes a stable and safe place to invest over the next turbulent years.
Aside from buying and selling gold at its current monetary value, gold investors and market speculators also invest in gold price projections over the short and long-term. Gold speculation has a direct impact on the daily price of gold, as traders are less likely to sell if the gold price continues to rise.
Buying power refers to influential purchase orders on gold bullion. Large scale investors, investment institutions, banks & governments occasionally buy or sell gold in massive quantities and as a result, the price of gold suddenly moves to reflect the ratio of supply and demand within the global market.
Currency valuation is also tied directly to supply and demand. For example, consumer demand for gold in China has grown significantly as the yen solidifies it’s value in relation to USD. As the USD strengthens, the price of gold decreases. As the USD weakens, the price of gold increases.
Our tracking software makes it possible for us to help you track the price of gold day-over-day. Set your ideal gold price per ounce, and we will send you a notification via text or email when the current market price of gold has reached your target.
Our gold price alerts will:
The spot gold price refers to the current price of raw gold per troy ounce before any gold dealer premiums and/or taxes. This gold spot price metric is based on global values and is the same no matter where one is located in the world as translated into local currency’s’ prices.
The spot gold price today abides by a global standard to avoid gold arbitrage. Arbitrage refers to the practice of buying a commodity in one market and selling it for a higher value in another market. This practice would undermine the structural integrity of global gold markets and make speculative investing impossible. Monitor the live spot gold price today on our website to gain the best insight into future gold market trends.
Just like in any other form of investing, future ROI gained is set upon purchase. Tracking the live spot gold price should be the most important variable in your decision to invest. When purchasing any gold bullion investment, just like in all other forms of investing, buy your gold as low as possible and sell in waves near the peak.
The retail price of any gold bullion product is simply the gold spot price plus a small gold premium to cover dealer charges. The gold premium will vary depending on the dealer, but a reputable gold dealer will not charge a high premium for the sale of gold coins or gold bullion. This means if the live gold spot price is listed at $1,247 per troy ounce, you should always expect to pay more than that to purchase your gold bullion investment.
Like all forms of gold, the price of gold coins will fluctuate depending on the gold spot price. When investing in gold coinage, be aware of the other factors that influence the gold price. The mintage, scarcity, numismatic value and condition of the gold coin itself are four secondary influencers that affect the gold price of any gold bullion product on the market.
There are both private and sovereign mintage establishments that produce gold coins, and the volume of their production has an effect on the price of every gold coin product. Despite these market intangibles, gold coins and gold bullion are excellent ways to keep your investment portfolio diversified.
We provide an excellent gold price resource to help you track live gold prices today. Our real-time gold price updates mean that you will not miss your target in the volatile and exciting world of gold trading – a world in which the gold price can fluctuate quite broadly over a 24-hour period. Take advantage of our interactive graph that provides gold price information over the past few decades. Once you understand the historical trajectory of the price of gold it will become much easier to make an informed gold purchase. Monitor the live gold price today and stay on top of your gold bullion investments.
In ancient times, the price of gold was even more steep because gold was one of the most coveted and valuable of commodities. Today, the gold price per ounce is still extremely high, and determined by many more factors.
Pure gold is very expensive to mine and refine. Mining industries on average must move 9.4 tons of earth in order to procure the weight of approximately one golf ball sized sphere of pure gold. The difficulties don’t end there however – gold is frequently alloyed in with other raw metals and requires an expensive gold purification process to fully separate..
The jewelry industry also has a major impact on the price per ounce of gold. This should come as no surprise, given that gold is the most sought-after jewelry commodity for weddings, fashions and exquisite gifts. Approximately 46% of gold demand in Q1 2017 came from the jewelry market. If the demand for gold jewelry goes up from one year to the next, the supply of gold will have to rise to meet this demand.
In the tech industry, gold holds unique properties as a corrosion-resistant electrical conductor. Including gold inside many modern electronic devices has become a staple for manufacturers globally. This industrial demand for gold adds to the scarcity, playing a role in determining the gold price. As time moves forward, more and more gold will be consumed by this industry.
Central bank reserves are also instrumental in setting the price for gold. Central bank reserves from the United States and throughout Europe engage in the buying and selling of gold in huge quantities. As national economies move away from paper money, central banks will only continue to invest more into their gold reserves. Gold has always been a more stable and reliable investment opportunity than to invest in national economies (which often go through prolonged periods of inflation). This drives the price of gold up on the markets once again.
In the United States, there is a general inverse correlation between the value of USD and the price of gold. When the USD is strong, the price of gold falls. When the price of gold rises, the USD weakens.
This once again highlights one particular determining factor for the true importance of bullion gold - it is able to store value as currency weakens in global markets. Pay close attention to the gold price. With this metric in mind, the price of gold will allow for much insight into the health of global markets.
On our SilverGoldBull.ca website we display the price of gold in a number of different measurements – gold prices per gram, gold prices per ounce, and even gold prices per kilo. Our calculator uses the most up-to-date live gold price data to ensure you are able to make the wisest decisions possible. When purchasing your gold bullion investments, make sure you take advantage of the most ideal gold prices, thereby securing a maximum ROI in the long term.
The price of gold will change each day because it is connected to so many inter-related market determinants, including investment practice, speculation price, supply, demand, currency evaluation, and socio-economic factors. In comparison with exchange-traded funds, the prices of gold bullion and other gold products are relatively stable. Be mindful of daily gold prices and buy your gold when your gold price target is hit.
If you look at your historical graph charting the price of gold, you will see that the lowest point in the past five years for the price of gold fell on December 2, 2015 at 12:30 p.m. (CT). The gold price listed at this point in time was $1,057.10 USD per troy ounce, and has since bounced back in price over the past few years. If you are interested to know the price of silver, platinum or palladium, you can use our price chart to find out how those prices compare to gold prices.
You can also consult our live gold price chart to see when the price of gold per ounce was at its highest. The peak gold price came on October 5th, 2012 at 12:30 p.m. (CT) at which point the price of gold was $1,780.00 USD per troy ounce.
Over a 10-year span, the gold price has widely fluctuated. Consider that on June 11th, 2007 at 12:30 p.m. (CT) the price of gold hit a low point of $652.28. Consult our live gold price chart to see the trends for gold, silver, palladium and platinum over the same 10-year span.
As our gold price chart indicates, the 10-year high for price of gold is $1,905.10 USD per troy ounce. This gold price record was hit on September 5th, 2011 at 12:30 p.m. (CT) and has yet to be beaten. If you are wondering how the price of other metals compare to the price of gold, use our precious metals price chart to see the value of palladium, silver and platinum over the same times.
At our site SilverGoldBull.ca, we list the price of gold in grams, ounces, and kilos. Our live spot gold prices graph provides our calculator with the most up-to-date numbers so that you can invest with the ideal gold prices at the most opportune times. Stay up to date on the price of gold with our SilverGoldBull.ca gold prices charts.
The live spot gold price is listed on our site is in CAD. If you are living outside of Canada, our spot gold prices can be converted to a regional currency for gold transactions done in your country. The currency evaluation will always reflect the gold price of 1 troy ounce. This is the standard framework that affects how gold prices change in the international market.
The gold price in Canada fluctuates on a minute-to-minute basis. Our live gold spot price chart provides a thorough and intuitive display & summary of gold prices over the past 30 years. We list the price of gold in CAD as our website primarily serves the gold bullion market in Canada. We also list the spot gold price in terms of ounces, grams, and kilos.
There are always changes underway that will affect the live price of gold. From anywhere in the world you can track the changing price of gold in real time from our website.
While there are no fixed end of day gold prices, some companies do list a closing gold price that is held over until the next morning. Firms that do list a closing gold price will usually just take the final price of gold after all their customers gold trades have gone through for the day.
In general, trading on the gold market runs from 6 p.m. (ET) to 5:15 p.m. (ET) from Sunday to Friday. That leaves a 45 minute pause every day when markets are closed, but it does not slow the frenetic pace of gold investor transactions.
Premiums are an added cost to any gold transaction, which take into account four different fees: the live gold spot price, a gold fabrication fee, a gold distribution fee and the dealer’s gold premium fee.
When it comes to evaluating gold prices in coins, the numismatic value and/or collectible value of the gold coin must be accounted for. The numismatic value refers to the relative rarity of the coin. If the gold coin is deemed to be exceptionally rare, the premium will be higher, and thus, the price of your gold bullion purchase increases.
While it might surprise you that numismatic value on any gold coin is an added cost, keep in mind that you will increase ROI from this added cost when you choose to sell your gold in the future. The price of gold coins are increased by rarity, scarcity, quality of production, as well as demand for similar items.
Gold bars, on the other hand, have low numismatic value. The large slabs of gold are popular specifically for this reason and carry lower market gold prices.
Numismatic value refers to certain beneficial features of a gold coin that increase its price. These include rarity, scarcity, artistic merit, age, condition, and so forth. It’s up to you as an investor to decide if numismatic value is something to focus on or not. While the upfront prices are higher for gold with numismatic value, due to its rarity investors can be sure numismatic gold coins will bring a strong return on investment, yielding a high sale price no matter how volatile the market is.
To estimate numismatic value, take the total gold price of a numismatic 1oz coin and subtract the live gold spot price, fabrication costs, distribution fees and dealer mark-up. What remains is the current approximate numismatic value of the gold coin. While these numbers are sometimes hard to predict, doing the math before buying or selling your gold bullion will give you a more accurate estimate of what prices you will pay for your gold, and of what your ROI will look like.
Many collectors of numismatic gold bullion coins prefer to diversify their coin holdings with minted gold coins from around the world. The most reputable numismatic gold coins many collectors prefer consist of: Canadian gold coins, American gold eagles, Australian gold coins, Chinese gold pandas, British gold coins & African gold coins.
Gold bullion collectibles are another option for coin collectors and come in many different forms. Gold collectible coins offer aesthetic appeal to the investor or collector in ways that most standard bullion coins do now. It can be a great rule of thumb to keep the most diverse gold bullion portfolio, and collectible gold coins help add to this variety.
SilverGoldBull.ca also offers a unique gold product called Aurum gold. Aurum gold thin wafers are the world’s smallest verifiable units of gold and consist of wafer-like dollar bill-shaped golden notes encased in a polyester film.
There are two major forms of gold available for trade on the market. The first type of gold bullion are gold bars. The gold bar price is the combination of the gold spot price for the amount of troy ounces contained therein along with any additional costs of gold fabrication, distribution, and a dealer fee. This math will give you the actual price of your gold bar investment.
The second type of gold is gold coinage. To calculate the gold price of coins, we must take into account factors like mintage, the total number of similar minted gold coins on the market and the quality of the coins in question. The price of gold coins is harder to estimate because it considers more intangibles. As a result, the overall premium cost for gold coins is higher than that of gold bars.
Sovereign minted gold bullion coins differ from privately minted gold bullion coins because sovereign gold coins are manufactured by government mints. Considering their scarcity, age and numismatic value, these gold coins are prized by collectors and are highly sought-after. Within the past hundred years many of these gold coins have been in circulation as money and were stamped with a number that reflected their value at the time. Like any piece of gold with high numismatic value, the actual price of gold they contain will always be higher than its stamped face value.
Sovereign gold bullion coins are valuable collector items in America because they have not been in circulation since 1933, when Franklin Roosevelt halted their production. Similar gold coins of this type exist around the world as governments replaced gold in currency circulation with other metals and alloys. The price of gold coins from a sovereign mint is typically greater in than the price of gold from most private mints. Be sure to do your research and pay the most ideal gold prices when you choose to invest.
Gold prices are always measured in troy ounces. A single troy ounce is one-tenth heavier (equal to 1.09711 ounces) than the traditional “avoirdupois” ounce and has been set internationally as the standard upon which gold prices are measured. Some investment websites will measure gold by the gram or in kilos, as well as ounces. As global markets trade gold & other precious metals in troy ounces, it is advisable to always calculate your gold bullion investments in troy ounces.
When assessing multiple pounds of gold, keep in mind that one pound of gold works out to be 12 troy ounces. If you prefer measuring gold in grams, consider that a single troy ounce of gold works out to be 31.1035 grams.
You won’t finder a better resource for observing live gold prices than via our gold price tracker. We measure fluctuations in the price of gold, platinum prices and silver prices as they are happening in real time. Silver Gold Bull Canada is the ultimate hub for measuring ever-changing gold prices. Monitor the live price of gold with our gold price chart data and absorb insights into past gold price trends as well as potential future prices of gold. Gold prices change every minute of the day, so stay informed and invest wisely when the gold price is right.
Our live gold price chart lists the price of gold in terms of ounces, but our gold price chart also breaks down each measurement for you in grams, ounces and kilos. Monitor changes in gold prices accurately and conveniently with our live gold prices chart today.
The Commodity Exchange Inc. (COMEX) is instrumental in setting the live spot gold price. While gold is traded on global markets every day, it is the evaluation in price given by COMEX that sets the benchmark price of gold.
Purchasing gold futures is a way to confirm the purchase or sale of gold to be delivered in the future, with the actual gold price in question locked-in and purchased in the present. Utilizing gold futures makes it possible for investors to speculate as to whether the price of gold will rise or fall in the coming months, and to make an wiser gold investment based on this future gold price speculation.
The gold bid price is the price of gold a consumer can expect to receive when selling 1oz of gold to a dealer.
The gold ask price is the expected gold price to pay for 1oz of gold when buying gold from a dealer.
The spread is a figure that represents the differential between the ask price and bid price of gold. It is essentially the amount of profit the dealer makes in a gold transaction. You will be offered gold at the ask price, and when it comes time to sell, you can expect to receive the value of your gold at the bid price.
The differences between silver prices and gold prices are correlated with a host of factors. Gold prices are far more expensive than silver - nearly seventy times more expensive! People have less interest in silver because it has less historical value, but that is only part of it. Gold is significantly harder to mine & purify, and thus more costs are associated with it’s production. Even though silver might be just as rare as gold, it will probably never come to be as lucrative. Gold prices have been influenced by a much stronger historical demand over the past 6,000 years when gold was used for embellishment, decoration, money, and much more.
Track the ever-changing prices of gold and silver on our interactive gold price charts and maps. Monitor the live gold price conveniently and effectively with our live gold prices graphs. Simply grab the left and right sliders to make a time-based gold price selection, and allow the data to provide insights into past gold prices, current gold prices and the future of the gold price.
Study the changing price of gold with our interactive gold price charts. Use our helpful gold price chart data to gain insights into the future price of gold. Simply make a selection with the sliders and observe the price of gold over any period of time. Observe gold prices on any particular day by hovering over any point in the gold prices chart. Gold prices are volatile, and change every minute of every day. Stay up to date on the current price of gold and use our information to your advantage of the best gold prices when it comes to your investments.
Trading in gold should be seen as a long-term investment. Gold tends to hold its value well over the long term, but it is always susceptible to market forces. Historically, the price of gold has been shown to increase as the US dollar decreases, a comparative phenomenon known as the Gold Index. Additionally, gold prices have done well in even the most inflationary of periods. Investing in gold is an excellent way to keep a diversified portfolio for every investor.
The gold price and gold rate are exactly the same.
Always do a fair bit of research and assess the most reputable online gold bullion dealers. Check for any hidden fees or premiums that might be added onto each gold purchase and be sure to buy when your ideal gold price target is hit.
Looking to sign up for our gold spot price alerts service? SilverGoldBull.ca offers an intuitive tool to help notify you when your ideal gold price or silver price is current in the market. Sign up for our gold price alerts to never miss your ideal spot gold price target again! Take advantage of our useful gold prices notifications and secure a better ROI on your gold bullion investments by purchasing your gold at the best possible prices.
Looking for a deal on silver & gold bullion? Check out our silver & gold bullion deals page for incredible deals on our most popular bullion products. Shop our online store today!
Like any investment, gold comes with some risk. The price of gold per ounce might drop faster than you had anticipated and could take years to pull back to parity. However, history shows us that gold has been a resilient investment in the face of economic uncertainty. A conservative way to invest in gold is to take the total cost of gold per ounce you are looking to purchase, convert that amount into USD, and then break this down into equal gold investments over a few years. This way you can track the success of your gold investment and make informed gold purchase decisions along the way.
Deciding on the type of gold you invest in depends on your current investment portfolio, and the amount of risk you are willing to accept. Investing in gold bars represents a relatively low-risk option with incremental long-term rewards. The gold price premiums are low and the option to sell is always available if the market continues to rise. If you want to diversify your portfolio with an investment like mutual funds or bonds, investing in gold bars is your best option.
Gold coins represent higher premium costs and a bit more risk, as the price of gold coinage tends to fluctuate more than gold bars. The upside to gold coins is that you can read the market effectively and sell them at a five or ten-year high in price. Additionally, gold coins have an added benefit as they allow selling in smaller batches. This makes it easy to sell smaller portions of your gold bullion as opposed to selling a single 1kg gold bar all at once.
Storing gold in a depository facility is the only real way to hold your precious metal in a fully insured fashion. Bank safe deposit boxes holding gold are explicitly uninsured, and your home insurance policy is unlikely to cover your gold in case of theft. We always recommend storing your gold investments in a third party storage facility with no ties to the banking system. Our fully allocated, fully segregated gold storage program keeps your gold holdings separate from other client's gold holdings, and they are audited and insured for their full value. Finally, your gold can be delivered to you quickly if you so desire, or you can access instant liquidity by selling your gold to us.
Our gold RRSP program allows you to hold physical gold and silver using your retirement funds. This allows your bullion investment to compound tax free for as long as the precious metals are held in your RRSP account. Holding physical gold in your retirement accounts is a great diversification tool, as it is a real, physical asset. In a worst-case scenario, you can always have your gold physically delivered to you. Finally, when using a TFSA account to hold your gold, you benefit from tax-free compounding, and can eventually have that gold delivered to you if you so desire without any tax consequences.
A gold & precious metal IRA means you can avoid paying tax on your investments if you keep the proceeds in an IRA account or in your reinvestment portfolio.
Some states will include a sales tax on gold prices at the point of purchase. Seeking advice from a financial advisor is recommended to ensure you will make the wisest decision with your gold investment strategy.
Investments over $10,000 in gold are not monitored by the government. Unlike cash investments, making a larger investment in gold means you benefit from fewer overhead prices & costs. Seeking advice from a financial advisor is recommended to ensure you will make the wisest decision with your investment strategy.
The Role of Big Banks in Manipulating Gold Prices
There are many theories regarding gold prices & market manipulation. While it is impossible to make a clear statement about how banks manipulate gold prices here, it’s worth reminding investors to track the live gold price daily and to always keep a balanced portfolio. Many argue that banks suppress gold prices, as a sudden rise in the live gold price would make investors lose faith in currency. Be sure to track the live gold price daily to ensure you stay on top of the gold market.
How Can I Be Sure the Price of Gold Won’t Become Too Volatile?
The international community of central bankers and investors set limitations on the gold market that keep the prices of gold and silver secure. Working with a reputable gold dealer is the best way to avoid surprising last-minute charges or fluctuations in gold prices.
The Gold-Silver Ratio – Gold Prices vs Silver Prices
Gold and silver are often looked at in tandem because they are the two most sought after precious metals. That means if the price of silver is fluctuating in one direction, the gold price will probably fluctuate in the other direction. This ratio keeps the price of gold & silver from becoming overvalued.
How Can I Keep Track of the Changing Gold Price Today?
Monitor changes to the live gold price with our SilverGoldBull.ca gold price charts. Get current information on the volatile gold price and stay highly informed. See the gold price of today, or view past gold prices from the last 30 years with our helpful gold price chart. Use the left & right sliders to adjust your gold price chart information and learn about gold price fluctuation up to the present day. Use your mouse to hover over the gold price chart for specific daily gold prices. Our gold price chart is an accurate tool that will help you uncover the specific gold price data necessary in order to make the smartest & most effective gold & precious metals investment.
Take advantage of our live gold price chart, only available at SilverGoldBull.ca. Track the gold price daily and use our insights to become a wiser investor. Use our chart data to purchase your gold at the most opportune time thereby locking in your investment at the lowest gold price possible.