How much is gold worth today?

The price of gold has increased approximately 4,750% since 1935 when President Franklin D. Roosevelt raised the value of gold to $35 per ounce. This is compared to today’s gold prices (June 2020) that are hovering around $1,700.

Where can I find the current gold price?

The current gold price can be readily found in newspapers and online. Although prices per ounce in dollars are typically used, you can also easily access the gold price in alternative currencies and alternative weights. Smaller investors, for example, may be more interested in the price of gold per gram than ounces or kilos.

Are gold spot prices Universal?

Gold spot prices are universal, as most gold markets use live gold prices listed in U.S. dollars, so the price of gold per ounce is the same worldwide. The gold spot price is typically listed in troy ounces, but it can be converted into any unit of measure you want to buy or sell.