Gold price today
$4,021.18per troy ounce+0.50%on the day
London spot for one troy ounce of pure (24K) gold · last close Oct 26, 2026
- Per gram$129.28
- Per kilogram$129,283.94
- Per pennyweight$201.06
Spot price context
Spot is the benchmark, not the checkout price. Every coin, bar, or piece of jewelry trades at spot plus a premium, and every buyer pays spot minus a spread. The tables below convert spot into the weights and purities people actually own, and link to the product if you want to hold it.
- 52-week high (close)$5,437.29Jan 28, 2026
- 52-week low (close)$3,930.97Oct 29, 2025
- Record close$5,437.29Jan 28, 2026
- 12-month change-2.3%from Oct 24, 2025
Daily closing prices from OWNx market data since 2010. The spot figure above is live; these four are closes.
Gold price per ounce, gram and kilo
Precious metals are weighed in troy ounces, not the ounces on a kitchen scale. One troy ounce is 31.103 grams, about 10% heavier than the 28.35-gram avoirdupois ounce. A troy pound is 12 troy ounces, not 16, which is why the two pound rows above differ by 21%. Getting this wrong is the most common reason a home calculation comes out too high. How much a gold bar weighs and the density of gold go further into the measurement side.
| Weight | Gold value (USD) |
|---|---|
| 1 troy ounce | $4,021.18 |
| 1 gram | $129.28 |
| 1 pennyweight | $201.06 |
| 10 troy ounces | $40,211.80 |
| 1 kilogram | $129,283.94 |
| 1 pound (avoirdupois) | $58,642.21 |
| 1 troy pound (12 oz) | $48,254.16 |
What your gold is worth by purity
Karat measures how much of an item is pure gold. 24K is pure; 14K is 58.3% gold and the rest alloy. Melt value scales directly with that fraction, so a 14K chain is worth 58.3% of what the same weight of pure gold is worth.
To value a specific piece, weigh it in grams and multiply by the per-gram figure for its karat. A 20-gram 14K chain holds $1,508.31 of gold at today’s price, because 20 grams of 14K contains 11.67 grams of pure gold.
What you will actually be offered is less. Melt value is the ceiling, not the quote. Scrap buyers, pawn shops and jewelers typically pay 60% to 85% of melt on jewelry, because they carry refining costs, assay risk and inventory. Two things change the math: "gold filled" and "gold plated" items contain a fraction of a percent of gold and are rarely worth refining, and pieces with real craftsmanship or a collectible maker can be worth more intact than melted. If you are not certain a piece is solid gold, here is how to tell.
| Purity | Pure gold | Per gram | Per troy ounce |
|---|---|---|---|
| 24K | 100.0% | $129.28 | $4,021.18 |
| 22K | 91.7% | $118.51 | $3,686.08 |
| 18K | 75.0% | $96.96 | $3,015.88 |
| 14K | 58.3% | $75.42 | $2,345.69 |
| 10K | 41.7% | $53.87 | $1,675.49 |
What a gold bar is worth today
Values are melt value at today’s spot for investment-grade bars of .999 fineness or better. Retail purchase prices run above these by the dealer’s premium.
The 400-ounce Good Delivery bar is the London vault standard and the one shown in central bank photographs. It weighs roughly 27.4 avoirdupois pounds. A "20 pound bar of gold" is not a traded size, but if you are converting: 20 avoirdupois pounds is 291.7 troy ounces, or $1,172,844 of gold.
| Bar size | Gold content | Value at spot | Take delivery |
|---|---|---|---|
| 1 gram bar | 1 g | $129.28 | Check availability |
| 1 troy ounce bar | 31.10 g | $4,021.18 | 1 oz gold bars |
| 50 gram bar | 50 g | $6,464.20 | 50 gram gold bar |
| 100 gram bar | 100 g | $12,928.39 | 100 gram gold bars |
| 5 troy ounce bar | 155.52 g | $20,105.90 | 5 oz gold bars |
| 10 troy ounce bar | 311.03 g | $40,211.80 | 10 oz gold bars |
| 1 kilo bar | 1,000 g | $129,283.94 | 1 kilo gold bars |
| 400 oz Good Delivery bar | 12,441 g | $1,608,472 | Check availability |
What a gold coin is worth today
A one-ounce gold coin contains one troy ounce of pure gold regardless of its karat. The American Gold Eagle is 22K, but it is minted heavier so it still holds a full ounce of gold.
Fractional coins carry a higher premium per ounce than one-ounce coins, because the minting cost is similar regardless of size. An Olympic gold medal, for the record, is mostly silver: the current specification requires only about six grams of gold plating, worth roughly $775.70 at today’s price.
| Coin | Purity | Gold content | Value at spot | Take delivery |
|---|---|---|---|---|
| American Gold Eagle | 22K (.9167) | 1 troy oz | $4,021.18 | Gold Eagle |
| Canadian Gold Maple Leaf | .9999 | 1 troy oz | $4,021.18 | Maple Leaf |
| American Gold Buffalo | .9999 | 1 troy oz | $4,021.18 | Gold Buffalo |
| South African Krugerrand | 22K (.9167) | 1 troy oz | $4,021.18 | Krugerrand |
| Austrian Gold Philharmonic | .9999 | 1 troy oz | $4,021.18 | Philharmonic |
| Australian Gold Kangaroo | .9999 | 1 troy oz | $4,021.18 | Kangaroo |
| Gold Eagle, 1/2 oz | 22K (.9167) | 0.50 troy oz | $2,010.59 | Gold Eagle |
| Gold Eagle, 1/4 oz | 22K (.9167) | 0.25 troy oz | $1,005.30 | Gold Eagle |
| Gold Eagle, 1/10 oz | 22K (.9167) | 0.10 troy oz | $402.12 | Gold Eagle |
Why the gold price moves
Gold trades at $4,021.18 against a record close of $5,437.29 set on Jan 28, 2026. Over the last twelve months gold has moved -2.3%.
Real interest rates
Gold pays no yield. When inflation-adjusted rates rise, holding gold costs more in forgone interest and the price tends to fall. When real rates drop, that cost disappears.
The US dollar
Gold is priced in dollars worldwide, so a stronger dollar makes it more expensive in every other currency and softens demand.
Inflation and purchasing power
Gold is bought as a store of value when currency is losing ground. That demand is slower-moving than the headlines suggest, and it does not track CPI month to month.
Risk appetite
Gold rises on geopolitical stress and falls when investors rotate back into equities. This is the force behind most sharp single-week moves.
Central banks sit underneath all four. They have been net buyers for over a decade, and their purchases are slow, large and price-insensitive, which puts a floor under the market that retail selling alone rarely breaks. Day-to-day moves are usually one of these reasserting itself, not a change in gold’s long-run case. Anyone selling a forecast of next month’s price is guessing. For the longer view, see why gold holds value and the gold-to-silver ratio.
Gold price history
Daily closing prices back to 2010.
Gold closed at $4,021.18 per oz on Oct 26, 2026.One year earlier it was $4,114.73.The interactive chart needs JavaScript.
| Period | Date | Close | Change to now |
|---|---|---|---|
| Latest close | Oct 26, 2026 | $4,021.18 | — |
| 1 year ago | Oct 24, 2025 | $4,114.73 | -2.3% |
| 5 years ago | Oct 26, 2021 | $1,793.49 | +124.2% |
| All-time high (close) | Jan 28, 2026 | $5,437.29 | -26.0% |
Where OWNx fits
OWNx sells gold at the spot price on this page, not at a premium over it. OWNx EDGE members ($14.99 a month or $149 a year) pay zero premium on every purchase; OWNx Standard accounts pay a 1.99%–5.99% premium that falls as you invest more. OWNx opens accounts at a $0 minimum with a $25 first purchase, so you can buy a fraction of an ounce rather than a whole coin.
OWNx stores what you buy as allocated bars registered in your name at COMEX-approved IDS vaults in Delaware and Texas, held off the OWNx balance sheet and insured all-risk through Lloyd’s of London. OWNx buys it back at the live bid with no selling fee, and proceeds land in your OWNx Cash Account immediately. OWNx has operated in precious metals since 2008 and is a National Coin and Bullion Association member and an LBMA Associate.
When you want the metal in hand rather than in a vault, take physical delivery of any bar or coin above.
Frequently asked questions
How much is 1 oz of gold today?
One troy ounce of pure gold is $4,021.18 at the spot price, as of the Oct 26, 2026 close. A one-ounce coin or bar sells for that figure plus the dealer’s premium, and sells back for that figure minus their spread.
How much is 1 gram of gold worth today?
One gram of pure 24K gold is $129.28. One gram of 14K is $75.42, and one gram of 18K is $96.96, because karat sets how much of the gram is actually gold.
What is today’s spot price for gold?
The gold spot price is $4,021.18 per troy ounce, as of the Oct 26, 2026 close. Spot is the price for immediate delivery of one troy ounce of pure gold, set continuously in the London and futures markets, and it is the benchmark every dealer quotes against.
How much is a 14K gold chain worth?
Weigh the chain in grams and multiply by $75.42, the current melt value of one gram of 14K gold. A 20-gram chain holds about $1,508.31 of gold. Expect an actual offer of roughly 60% to 85% of that, since scrap buyers price in refining and resale costs.
How much is a 1 oz gold bar worth?
A one troy ounce bar of .999 gold contains $4,021.18 of gold at today’s spot price. Retail bars sell above that by the dealer premium; buyback offers come in at or slightly below spot.
What is the highest price gold has ever reached?
The highest daily close in our records is $5,437.29 per troy ounce, set on Jan 28, 2026. That is a nominal record; adjusted for inflation, the 1980 peak remains competitive with recent highs.
Why is the price of gold falling?
Compare today’s price against the record close of $5,437.29 set on Jan 28, 2026 and you have the gap most people mean when they ask. Over the last twelve months gold has moved -2.3%, so the long trend and a pullback are separate things. Short-term declines usually trace to rising real interest rates, a strengthening dollar, or investors rotating into equities.
How much is $10,000 worth of gold?
At $4,021.18 per troy ounce, $10,000 buys roughly 2.49 troy ounces of pure gold at spot, or about 77.3 grams. Buying through a dealer at a premium gets you less; buying at spot gets you the full amount.
Is gold sold at the spot price?
Rarely. Almost every dealer sells coins and bars at spot plus a premium covering minting, shipping and margin, commonly 2% to 8% on common bullion and far more on numismatic coins. Platforms that sell fractional allocated metal, including OWNx EDGE, can transact at spot because there is no coin to mint or ship. The cheapest way to buy gold compares the routes.
Keep reading
Weights and measures
Take delivery
Buying and selling
Other metals
Spot prices on this page come from OWNx’s own market data and update in your browser as the market moves. Spot is a benchmark for pure gold and does not include dealer premiums, shipping or refining costs. This page is information, not investment advice.
Buy gold at the spot price.
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