Gold Price

The high price of gold is due to its rare amount. The price of gold is determined on the open market.

Price of gold on the open market has ranged widely, from a high of $850/oz ($27,300/kg) on 21 January 1980, to a low of $252.90/oz ($8,131/kg) on 21 June 1999 (London Gold Fixing).

Below are current gold prices: