Gold Price Today
Live gold spot price in US dollars, streamed from the OWNx market feed. Historical comparisons use LBMA London fixing prices.
Gold Price by Weight
Gold Price Performance
| Period | Price | Change |
|---|---|---|
| 7 Day | $4,399.10 | -1.08% |
| 30 Days | $4,324.45 | +0.63% |
| 6 Months | $5,209.70 | -16.47% |
| 1 Year | $2,910.20 | +49.53% |
| 5 Year | $1,821.60 | +138.89% |
| 20 Year | $610.00 | +613.39% |
Year-End Gold Prices
| Year | Closing Price (USD) |
|---|---|
| 2025 | $4,421.65 |
| 2024 | $2,613.80 |
| 2023 | $2,041.70 |
| 2022 | $1,817.55 |
| 2021 | $1,793.75 |
What Drives the Gold Price?
The price of gold is determined by global supply and demand in the spot market. Major factors include central bank monetary policy, real interest rates, inflation expectations, currency strength (particularly the US dollar), geopolitical uncertainty, and physical demand from jewelry and industrial applications.
The London Bullion Market Association (LBMA) sets the global benchmark for gold pricing twice daily through the London Gold Fix. The morning fix is set at 10:30 AM London time and the afternoon fix at 3:00 PM London time. These benchmark prices are used worldwide by miners, refiners, central banks, and financial institutions.
How We Source Gold Price Data
Live Gold Prices displays real-time gold spot prices delivered via a streaming feed from OWNx, a U.S.-based precious metals dealer and custodian. Prices update continuously during market hours and reflect current bid pricing in the global spot market.
Historical performance data (7-day, 30-day, 6-month, 1-year, 5-year, and 20-year lookbacks) are sourced from LBMA PM (Evening) fixing prices via the Xignite GlobalMetals API. For full details on our data sources and methodology, see our Sources page.
Understanding Gold Price Movements
Gold typically moves inversely to the US dollar and real interest rates. When the Federal Reserve lowers interest rates or when inflation rises, gold tends to appreciate as it becomes more attractive relative to interest-bearing assets. Conversely, when rates rise and the dollar strengthens, gold may face downward pressure.
Central bank purchasing activity has become an increasingly important driver of gold demand. In recent years, central banks worldwide have been net buyers of gold, adding to their reserves as part of portfolio diversification strategies.