Gold Price Per Ounce

View the live gold price per ounce on the chart below, populated with data from the Kinesis Exchange. You can view the price of gold per ounce in multiple time frames on our daily, weekly, monthly, and yearly charts.


With Kinesis, you can purchase physical gold bullion at these live prices on the Kinesis platform. Download the Kinesis app to access our easy-to-use, instant buy/sell feature to purchase gold at the current price.

Monitor the gold price against the value of major currencies such as British Pound Sterling (GBP), Euros (EUR) and US Dollars (USD). Bookmark this gold price per ounce chart to have instant access to the latest price movements in the gold market.

Historic Gold Price

Live price Last Week Last month Last Year 5 Years ago 20 Years ago
Gold Price (Ounce) $2,335.87-1.96% $2,393.41 $2,335.41 $1,971.50 $1,284.59 $385.30

Updated with live market data from the Kinesis Exchange


Looking at the historic price of gold can offer valuable insights for investors as to the long-term trends of the gold price and patterns in the market. Our table shows yesterday’s price of gold per ounce, as well as the gold price per ounce recorded last week, and last year.

Our live gold price charts show you pricing aggregated across all our physical vaulting hubs in London, New York, Brisbane, Sydney, Toronto, Hong Kong, Dubai, Istanbul, Vaduz, Panama City, Zurich, Batam and Singapore. Through Kinesis’ pricing aggregation, investors are offered the lowest physical gold bullion pricing from our global vaulting network at any given moment.

What is a Troy Ounce of Gold?

A troy ounce of gold is a standard system of weight measurement that dates to medieval times and is based on pounds and ounces. One troy ounce is equivalent to 32.151 grams in the metric system of grams and kilograms.

In the UK, there is another system of pounds and ounce measurement called the avoirdupois system whereby one avoirdupois ounce is 28.35 grams. In Anglo-Norman, French avoirdupois means ‘goods of weight’. Other systems exist around the world.

For precious metals, the troy ounce, though a little heavier than avoirdupois, is the standard measurement in the US and UK and is still used in modern times.

Gold Investment with Kinesis

When you buy gold from across our global vaulting network, Kinesis creates a digital record of your physical holdings, which serves as proof of ownership. The Kinesis platform offers users secure ownership of physical gold stored within an insured, audited vaulting network.

Kinesis gold also allows you to send, trade and spend gold at any moment. Spending gold as everyday money is possible with the Kinesis Virtual Card allowing you to hold precious metals, and only converting them to fiat currency at the moment of purchase. 

Gold Price per Ounce FAQ

When was gold worth $35 an ounce?

Gold prices were at $35 per troy ounce from 1940 until the 1970s. In 1944, the Bretton Woods Agreement tied the gold price to the US dollar, as a legislative measure that aimed to facilitate international trade. This agreement was lifted in 1971 by President Nixon.

Has the price of gold increased?

In March 2023, gold prices traded at around $1,913 per troy ounce, which is equivalent to an increase of more than 5000% from the levels seen in the 1940-70s when they were circa $35 per troy ounce.

Is the gold price up or down?

The gold price experiences a certain level of fluctuation day-to-day, as well as year-on-year.

It can rise and fall depending on a variety of factors, such as increased inflation and the relative strength of the US dollar. In its current state, many analysts have argued that gold could be considered undervalued at present.

Will gold prices fall?

In the long-term, gold has been steadily appreciating in value, which is why investors often turn to the precious metals as an inflation hedge, rather than fiat currency. In the short-term, the gold price may fall, but the longer term, the gold market value is considered to be relatively stable.

Latest Gold News

Keep up to date with the latest gold price news.

Gold Price News: Gold Edges Down After…

Gold prices held up well above $2,400 an ounce on…

Posted 22nd May 2024
Gold Price News: Gold Rallies to Notch…

Gold prices powered up through the $2,400 an ounce mark…

Posted 20th May 2024
Gold Price News: Gold Gives Up Gains…

Gold prices edged lower on Thursday, giving up some of…

Posted 17th May 2024

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