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How much is 1 ounce gold worth?

Take the spot (Kitco) or international price, known as, Second London, which uses a 1-ounce price. Example: Gold pure 24kt. or .999 1-ounce is selling for $1000. (Don't I Wish). $1000 X 41.6%= $416.

What currency is gold quoted in?

Gold is usually quoted by the ounce in U.S. Dollars. The gold price can, however, be quoted in any currency by the ounce, gram or kilo. The price of gold is constantly on the move and can be affected by many different factors. Is the Gold Price the Same as the Spot Price?

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.

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