Gold Price Today

The spot price is what one troy ounce (31.1035 grams) of pure gold trades for right now for immediate delivery, quoted in US dollars. It moves nearly 24 hours a day from Sunday evening to Friday afternoon (New York time). The price at the top of this page is the midpoint between the current bid and ask.

The gold market is closed until Sunday evening (New York time). In Friday's session gold fell $143.59 (3.57%) to $3,876.73 an ounce. With the dollar index flat (+0.08%), the dollar explains little of the move; it is mostly selling of gold itself. The 10-year US Treasury yield was down 6 basis points at 4.93%; lower yields reduce the cost of holding gold, which pays no interest, but gold fell anyway. The 10-year real yield, what inflation-protected Treasuries pay after inflation, is 2.60%, down 33 basis points in a month: a tailwind for gold, which pays no interest. US stocks fell too (S&P 500 −1.82%); in sharp sell-offs some investors sell gold to raise cash or cover losses elsewhere. Oil was up 2.1% at $104.12 a barrel, which keeps inflation, and so interest rates, in focus. Silver was down too (−5.79%), moving further than gold, as it usually does. The next major US release is the Jobs report (October 2026) on Friday, November 6 at 8:30 am ET. Recent gold headlines are mostly about the Federal Reserve and interest rates, and gold miners.

Divide the price per troy ounce by 31.1034768. For jewelry, multiply by the purity: 22K is 22/24 (91.6%) gold, 18K is 75%, 14K is 58.5%. The karat board and calculator on this page do this automatically in any of 20 currencies.

Dealers buy below spot and sell above it. Coins and small bars carry premiums for minting, distribution and dealer margin, and scrap jewelry is usually bought at a discount to its melt value to cover refining. Use the calculator's "dealer pays" field to estimate an offer.

Spot is the price for immediate delivery, traded around the clock. COMEX futures are contracts for delivery at a later date, so they trade a little above spot to reflect interest and storage costs — right now $22.18 (+0.57%) above spot. The LBMA gold price is a benchmark set twice a day in London by auction and is used to settle contracts and value holdings. Our long-term charts use daily futures closes, which track spot very closely.

The biggest day-to-day drivers are the US dollar, real interest rates and Treasury yields, central-bank buying, ETF flows, and geopolitical risk. The "Why gold is moving" panel separates how much of today's move came from the dollar versus gold-specific buying or selling.

Gold trades almost around the clock: from 6:00 pm Sunday to 5:00 pm Friday New York time, with a short daily break between 5:00 and 6:00 pm. Prices shown during the weekend are Friday's closing levels.

One gram of 24K (pure) gold is worth $124.64 at today's spot price; 22K is $114.17 and 18K $93.48 (Oct 30, 2026, 21:55 UTC). These are metal values — jewellery adds making charges and local taxes.

One tola is 11.6638 grams. At today's spot price, a tola of 24K gold is worth $1,453.77 (₹1,38,215, Rs 4,02,372, AED 5,338.98), and 22K about $1,331.66. Ten tola bars are popular in the Gulf and South Asia.

916 gold is 22-karat gold: 91.6% pure gold, alloyed with copper and silver so it is hard enough for jewellery. It is the standard for jewellery in India and Pakistan and is widely sold in the Gulf, where 21K is also popular. Its metal value today is $114.17 per gram (₹10,855 before Indian duty and GST).

Constantly while the market is open — from 6:00 pm Sunday to 5:00 pm Friday New York time, with a one-hour break each weekday at 5:00 pm. The market is closed right now. Daily changes are measured from the 5:00 pm New York close. Benchmarks are set at fixed times: the LBMA gold price auctions at 10:30 am and 3:00 pm London time, India's IBJA rates are published each trading day, and Dubai's retail rates are updated several times a day.

India adds 15% import duty and 3% GST to the international price; the UAE charges no duty on bullion and 5% VAT on jewellery, which tourists can reclaim. Today 10 grams of 24K gold costs about ₹1,24,424 in Dubai including VAT versus about ₹1,40,362 in India with duty and GST — roughly 11% less, before making charges. See the gold rate in Dubai page for the live comparison.

We can't tell you that — nobody can reliably time the gold price, and this is not financial advice. What the data shows: gold is 27.1% below its highest close of $5,318.40 (Jan 29, 2026), and 1% of the way between its 52-week low and high. Over the past 20 years, gold rose in October 12 times out of 20 (average +0.6%); its strongest month on average has been January.

The highest daily close is $5,318.40 per troy ounce on January 29, 2026 (COMEX futures); intraday and spot highs can differ slightly. For the record measured in today's dollars, see gold adjusted for inflation.