Current Price of Gold Today (Singapore Dollar)

Gold Prices per Ounce, Gram, and Kilogram

Gold Price NowChange
Gold Price per Ounce $2,581.53 -1.25
Gold Price per Gram $83.00 -0.04
Gold Price per Kilo $82,996.23 -40.30
As of Sep 29, 2020 06:30 ET
Gold is by -0.05%
Show in

The latest price of gold per ounce, gram, and kilogram using real-time interactive gold price charts. View the price of gold for different currencies around the world and various time periods. Historical gold prices are provided for context and to help inform investment decisions.

Gold Eagle has been a premier destination for gold prices since the dawn of the internet, founded in 1997. We publish gold market news, gold price forecasts, and commentary that provides insight into the current and future price of gold, precious metals, and the state of the economy in general. Our authors and analysts are some of the most respected in the world.

Gold Price Performance per

TimeframeRateChange%
1 Week 2,645.68 -64.14 -2.42%
2 Weeks 2,721.48 -139.95 -5.14%
30 Days 2,676.00 -94.47 -3.53%
6 Months 2,257.02 +324.52 +14.38%
1 Year 2,027.55 +553.99 +27.32%
5 Years 1,590.45 +991.08 +62.31%
10 Years 1,704.04 +877.49 +51.49%
Free Gold Investing Guide

Gold Price Charts

By hovering your mouse within the graph of the gold prices chart you can also view the price of gold for specific days.


Price of Gold FAQ

What impacts the current price of gold per ounce?

  • Strength of US dollar
  • Industrial and commercial demand
  • Gold supply
  • Fed actions / monetary policy
  • Geo-political events
  • US interest rates
  • Inflation expectations
  • Investment demand

For a detailed explanation, read What Affects The Price of Gold.

How does the price of gold perform during recessions?

Gold prices typically increase during economic recessions. One way to analyze gold prices during a recession is by comparing its performance with the S&P 500. Below are the dates of the largest declines of the S&P 500 and the performance of gold prices during the same period. This data shows that gold increased significantly in 75% of these recessions.

price of gold perform during recessions

Is the price of gold different in other countries?

The current price of gold is the same, all things considered, in other countries. The US gold price is converted to the currency in that country based on the current exchange rate. In other words, no matter where in the world you purchase gold, the actual value of that gold in US dollars is the same. The below chart shows the annual gold price performance versus various fiat currencies.

price of gold different in other countries

How many grams are in an ounce of gold?

There are 31.1034807 grams in one troy ounce of gold. A troy ounce is a larger system of measurement for precious metals known as Troy weights. A regular ounce of gold is equal to 28.35 grams.

How does the current gold price compare to historical gold prices?

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.

If you compare the goldprice today (June 2020) with the prices at the beginning of this millennium (January 2000), the price of gold has increased approximately 496%. This is 3x the increase of the Dow Index during this period.

Is the price of gold too volatile for the average investor?

Gold is no more volatile than the stock market. Gold prices can have sudden ups and down just like other commodities but it is also known to go through long periods of time with relatively quiet price activity. Overall, gold is viewed by many financial experts as a long-term store of value which is why so many recommend having gold as part of your investment portfolio.

Is it true the price of gold goes up when the stock market goes down?

The price of gold is negatively correlated to the stock market most of the time. When the markets go down gold prices often go up. That being said, there are times when the price of gold and the stock market both go up or down in unison. Overall, however, time has shown that gold prices are not tied to the movements of stocks and bonds and it is for this reason the gold should be an important consideration to protect the long-term value of your investment portfolio.

Do current gold prices vary by country?

The price for an ounce or gram of gold remains mostly the same regardless of which country you are in. The price is determined by converting the current spot gold price for an ounce or gram of gold into the country's currency. For example, the current spot gold price for 1 gram of gold would be converted into Indian Rupees according to the current exchange rate.

How is the current price of gold per ounce determined?

There are many factors that contribute to the current price of gold. Chief among these factors is the strength of the US dollar. Traditionally gold has an inverse relationship to the value of the dollar. In other words, when the value the US dollar is strong, gold prices go down. Related, the strength of major economies also has an inverse relationship to the price of gold - at least when an economy has a significant downturn. All of this is due to the “safe haven” status gold has traditionally had in the investment world. Gold prices are historically far more stable over the course of time than economies and other classes of investments.

Supply and demand, of course, also play a key role in the price of gold per gram or ounce. There is only so much gold to be mined and gold mining is not cheap. When gold demand outstrips gold supply, the price of gold goes up. The chief areas of gold demand are in gold jewelry. In 2017, 46% of demand for gold was for jewelry. There is also the use of gold in industry for such things as electronics and medical devices.

How much is an ounce of gold?

The price of gold per ounce is perhaps the most common way investors monitor the gold market. The image below shows a 1 ounce gold nugget and a 1 ounce gold coin - in this case a gold eagle coin. The Gold Price Now chart at the top of the page shows the current value of gold in US dollars. You can also get the price of gold in other world currencies by selecting a different currency from the drop down menu below the chart.

1 oz gold nugget and 1 oz gold eagle coin

What is the gold/silver ratio?

The gold/silver ratio is the relationship between gold and silver prices. Investors often consider the historical gold/silver ratios to analyze how they are priced relative to one another.

Featured Gold Price Articles

Gold Price Forecast: The Path To New All-Time Highs

I’m not a perma-bull on gold, and I invest in a variety of asset classes depending on where value is in the market. For example, I sold my gold and silver coin collection at high levels in 2011 because there was so much enthusiasm in the space...

Read More »


drivers of gold prices image

Three Drivers Of Gold Prices

We cannot value gold. It does not generate any cash flows, which we could discount. But it doesn’t mean that the price of gold changes randomly. Market sentiment is powerful in the precious metals market – but the same applies to other markets...

Read More »


What Affects the Price of Gold?

what affects the price of gold

Gold has been a part of the human story since the dawn of civilization. One part store of wealth, one part ornament, and one part modern technology, gold stands at the crossroads of multiple financial, religious, and industrial trends.

What actually drives the price of gold? Is it fear of currency devaluation or stock market crashes? Is it war? Or is it jewelry and electronics fabrication?

The answer is many-fold. In this article, we will highlight the complex and inter-related drivers for gold prices worldwide so that investors may have a fuller understanding of the totality of the precious metals market.

Gold Supply and Demand

Fundamentally, the answer to what affects the price of gold is the same as for every other market: supply and demand.

Yet the supply and demand balance for gold, a market which dates back to the dawn of record-keeping itself, is itself largely driven by factors which are deeply ingrained in the human psyche.

Two extreme emotions – greed and fear – comprise the spectrum through which the majority of participants in the gold market make their buy and sell decisions.

In this article we will examine the many ways in which greed and fear play out, over and over again, in the most ancient of financial markets which is yet seeing new life today.

Gold Supply

Before we examine the actual numbers, let us consider one important preliminary supply factor for gold: this is the only element in which all of the supply ever mined in the history of the world still exists above ground. Gold never rusts, tarnishes, corrodes, or burns. Except for small amounts which may have been lost in shipwrecks at the bottom of the ocean or disposed of in landfills, all of the gold that has ever been brought to surface of the planet still exists in one form or another (and arguably, those two sub-components are retrievable as well).

Gold is unique in this way: neither oil, copper, silver, nor fiat currencies share this indestructible property – all of these items are permanently consumed or degraded in some way throughout time.

Thus, all of the gold mined in humanity’s history still exists. Indeed, it is estimated that 187,000 metric tonnes of gold have been mined in the history of our species. As one metric tonne equals just over 32,150 troy ounces, we can calculate that approximately 6 billion ounces of gold have been brought to the Earth’s surface through humanity’s collective efforts.

Read More »


Gold Price News & Analysis

News affecting the price of gold and analysis of the metals markets.

Current Price of Gold by Country

Gold Price Articles

This Gold Price Correction Is Normal And Healthy, Says The DNA of Volatility

By Frank Holmes - September 28, 2020 Gold had its worst week since March, falling some 4.6 percent from the previous Friday, as the U.S. dollar staged a rally against the euro. The price of bullion closed below $1,900 an ounce last Wednesday for the first time since July 23 and...

Gold Price Exclusive Update

By Jack Chan - September 26, 2020 Our proprietary cycle indicator is WAY down. Gold sector remains on long-term buy at the end of August. Data favors overall lower gold prices.

Gold Declines Below $1,900 Amid Stronger Corona And Dollar

By Arkadiusz Sieroń - September 24, 2020 For the time being, things are not looking good, my bull friends. The bearish trend in the gold market continues. As the chart below shows, we saw a significant selloff on Monday with gold prices decreasing from above $1,950 to $1,909. To make...

Dollar Rallies As Gold Price Corrects

By Peter Krauth - September 24, 2020 After taking it on the chin for the last six months, the U.S. dollar now looks set to rally. Gold is being dented, having recently traded back below $1,900. Meanwhile...

Gold Price Forecast – An Observable USDX Breakout, Is It All Crystal-Bullish Now?

By P. Radomski - September 22, 2020 The year that we’re in is one of the most challenging ones to date for the global stock market, and many other markets. Gold is no exception. And yet, there are quite a few techniques that allow one to stay up-to-date with markets and to...

Gold Price Exclusive Update

By Jack Chan - September 19, 2020 Gold sector remains on long-term buy at the end of August. Long term – on major buy signal. Short term – on sell signals. 

Home | About Us | Forum | Editorials | Charts | Analysis | Forecasts & Predictions | Top Analysts
Silver Phoenix 500 | Gold Investment Tools

Visitors to Gold-Eagle

Privacy Policy | Terms of Use