Gold Spot Price

Institutional reference price used for physical gold settlement, custody valuation, and contractual reporting.
Gold Spot Price

Institutional Gold Spot Price Reference

The gold spot price presented on this page represents an institutional reference benchmark used for the valuation, settlement, and reporting of physical gold transactions. The price reflects spot market indications derived from the LBMA OTC market and related wholesale liquidity venues, rather than retail quotes, exchange-traded derivatives, or speculative instruments.

Golden Ark Reserve applies this reference price exclusively within documented institutional frameworks, including physical gold purchase agreements, custody valuation, collateral assessment, and contractual settlement mechanisms. The price is used for ownership allocation, reporting, and transaction reconciliation and does not constitute a retail trading quote, investment offer, or solicitation.

This reference price is intended for institutional and corporate counterparties engaged in physical gold ownership, custody, and settlement structures and is not designed for retail trading, leveraged products, or derivative transactions.

Gold Spot Price

$4263.17 USD -$107.80 (-2.67%) Ask: $4263.09 USD Bid: $4262.54 USD Change: + $55.54 USD +1.32%
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Live indicative spot price for wholesale physical gold (XAU). Data represent mid-quotes from global OTC liquidity providers in London, New York, and Hong Kong.

Gold Spot Methodology

The chart displays indicative mid-prices for physical gold traded in the global over-the-counter (OTC) market. Each value represents the midpoint between the best bid and ask from major liquidity providers. Data update up to every 30 seconds. Conversions into non-USD currencies use synchronized interbank FX rates. Minor differences between data sources (typically within ±0.20%) are expected due to aggregation latency. Prices are indicative only and not executable; institutional custody settlements are confirmed at trade-time quotes.

Prices refresh every 60 seconds and convert automatically into the selected currency and unit using synchronized interbank FX rates. Figures serve as an institutional reference for valuation, custody reporting, and settlement monitoring.

Gold Spot Price

$4,200.70 $39.10 USD +0.94%
Gold Spot Prices
Gold Price (USD)
Spot Change (USD)
Gold Price Per Ounce
 $4,200.70 $39.10
Gold Price Per Gram
 $135.06 $1.26
Gold Price Per Kilo
 $135,055.54 $1,257.09
Gold Price Per 400 oz Bar
 $1,680,280.00 $15,640.00

What is the Spot Price of Gold?

The spot price of gold is the market price at which one ounce of gold can be bought and sold for instant delivery. The gold spot price is constantly changing, making it crucial to remain updated on performance indicators such as market conditions and current events because they greatly affect the buying and selling of gold.

The gold price is always quoted in troy ounces but can be converted into any quantity a person wants to buy or sell. Gold spot prices are universal, as most gold markets use live gold prices listed in U.S. dollars, so the price of gold per ounce is the same worldwide.

Gold Annualized Return

USD
20084.3%31.9%29.7%-2.4%4.1%8.7%28.2%21.4%-16.5%25.3%4.4%43.1%44.4%-2.2%7.6%35.4%4.3%44.2%13.7%
200925.0%-3.5%8.2%24.9%24.4%23.1%20.6%7.7%27.9%29.0%24.9%-1.3%12.4%22.6%20.1%24.1%25.0%12.2%32.2%
201029.2%14.2%22.7%25.0%36.7%39.7%23.9%23.1%14.4%30.4%29.2%16.6%25.4%16.8%16.7%33.1%29.2%34.9%36.4%
20118.9%8.9%11.1%4.3%13.2%11.6%28.8%9.6%3.6%14.4%8.9%33.8%11.5%9.5%14.8%34.4%8.9%8.9%17.5%
20128.3%5.6%5.4%6.8%11.0%6.0%11.9%15.5%19.9%2.4%8.3%12.1%-0.1%5.0%4.2%1.0%8.3%3.2%7.2%
2013-27.3%-15.4%-22.2%-29.3%-18.5%-30.4%-18.0%-7.8%-11.3%-21.0%-27.3%-10.5%-28.2%-29.4%-22.0%-13.8%-27.3%-28.9%-26.3%
20140.1%9.2%9.1%2.4%3.2%13.7%2.5%1.6%13.8%69.1%0.2%11.1%4.1%11.6%0.3%10.0%0.1%6.3%1.5%
2015-12.1%-1.3%5.2%-8.0%-3.8%-2.1%-7.7%-1.8%-11.3%15.8%-12.1%18.2%-5.6%-12.0%-3.6%10.3%-12.1%-7.8%-7.7%
20168.1%9.3%5.2%15.7%150.3%12.6%10.5%5.1%4.4%-11.0%8.1%-5.5%10.7%11.8%7.6%30.1%8.1%31.1%9.6%
201712.7%4.2%5.0%5.9%10.4%-1.3%6.2%13.1%9.1%7.3%12.6%2.6%0.0%7.6%2.3%20.8%12.7%2.4%12.3%
2018-0.9%9.6%7.3%4.3%-0.3%3.5%8.1%6.3%-3.1%19.7%-0.9%14.9%3.1%-0.3%-1.1%38.5%-0.9%4.9%1.2%
201918.4%19.1%13.4%20.3%6.2%20.9%20.8%13.5%16.8%5.5%18.4%15.9%22.9%16.4%9.0%33.4%18.4%14.6%18.3%
202024.6%13.6%21.8%16.3%22.1%13.7%27.9%25.7%18.2%49.8%24.6%29.5%17.3%13.7%24.6%54.7%24.6%20.2%24.2%
2021-4.3%1.3%-4.2%-6.5%-4.5%3.9%-2.6%-2.8%6.7%-4.2%-4.2%4.5%4.7%-0.9%6.4%71.8%-4.3%-3.5%-5.5%
20220.4%7.4%6.5%9.8%58.3%6.4%11.7%10.1%16.0%-0.5%0.6%6.5%6.5%1.4%4.2%41.8%0.4%12.2%4.1%
202314.6%13.5%11.8%17.0%43.2%10.5%15.1%13.2%21.6%37.7%14.3%25.3%16.9%4.4%13.2%80.4%14.6%8.6%17.7%
202425.5%38.0%36.4%28.9%106.4%33.7%29.0%31.6%39.7%56.3%25.7%27.7%43.6%35.1%25.6%50.6%25.5%27.5%31.8%
202566.5%53.7%58.3%59.7%59.7%46.6%74.7%74.7%65.5%56.3%25.7%27.7%43.6%45.1%25.6%50.6%25.5%74.7%31.8%

Annual Gold Performance

Historical year-on-year changes in the spot price of physical gold since 2008, recalculated in the selected currency. Returns include the effect of foreign-exchange movements relative to USD.

[gold_performance]

Gold Price Performance Explanation

The table above shows how the live spot price of gold has changed over different time horizons. Each value reflects the percentage and absolute change in the indicative OTC mid-price of physical gold, expressed in USD unless another currency is selected. All calculations use the same data feed and methodology as the live gold chart on this page.

Calculation basis

The 1-Day value compares the most recent London PM close to the previous one.
The 1-Month and 6-Month values show the performance since the corresponding closing dates one and six months earlier.
The Year-to-Date figure measures the change from the last trading day of the previous calendar year.
The 1-Year and 5-Year figures represent rolling returns for those complete time windows.
When another currency is selected, the same logic applies using synchronized interbank exchange rates.

How it is calculated

Return (%) = (Current Price / Previous Price − 1) × 100
Absolute Change = Current Price − Previous Price

All prices are indicative mid-quotes from aggregated OTC liquidity sources.
FX conversion applies real-time interbank rates for the selected currency.
Data refresh automatically after each London session close, ensuring daily accuracy and institutional consistency.

How to interpret the data

Short-term changes (1 Day, 1 Month) illustrate current volatility and liquidity conditions.
Medium-term changes (6 Month, YTD) reflect cyclical trends and monetary adjustments.
Longer-term returns (1 Year, 5 Year) show how gold performs as a store of value across economic cycles and currency depreciation.
Together these figures provide a balanced perspective on gold’s real performance across time horizons.

Technical notes

All values are rounded to two decimals.
Minor variations versus other data vendors (within ±0.20 %) are normal and arise from aggregation windows and timestamp alignment.
Figures are indicative and exclude transaction spreads, premiums, logistics, and custody fees.
Historical alignment follows the London PM closing convention for global consistency.

Purpose

Purpose

This section offers a clear and verifiable overview of gold’s short-, medium-, and long-term performance.
It supports institutional users in portfolio valuation, treasury hedging, and custody reporting.
By combining live spot data with historical returns and FX adjustments, the table provides a transparent reference for assessing the real movement of physical gold over time.

Gold Value Calculator

This calculator provides an indicative valuation of physical investment-grade gold based on the institutional gold spot reference price. It converts a specified quantity of fine gold into a reference market value using standardized weight units (gram, kilogram, troy ounce) and currency selection.

The calculation is intended for valuation, reporting, and preliminary assessment purposes within physical gold ownership, custody, and settlement frameworks. It does not represent a trading interface, executable quote, or offer to buy or sell gold.

Calculation Methodology

The calculator applies the institutional gold spot mid-price derived from wholesale OTC market references and converts it using synchronized interbank foreign exchange rates for the selected currency. Entered quantities are converted into fine-gold content based on a default purity of 999.9 (24-karat) unless otherwise specified.

The resulting value is indicative only and excludes fabrication costs, delivery and logistics charges, vaulting and custody fees, insurance premiums, taxes, and jurisdiction-specific adjustments. Executable pricing for institutional physical gold transactions is confirmed separately through documented agreements and desk-based settlement procedures, using the same underlying spot and FX reference sources.

Calculation Basis

Each year’s return represents the geometric change between the final trading day of the previous year and the final day of the selected year, based on the same indicative OTC mid-price used in the live chart. FX conversion applies synchronized interbank rates at the respective year-end. Figures exclude premiums, custody fees, or local taxation and serve as analytical reference for valuation and audit purposes. AED and SAR data are derived from XAUUSD multiplied by corresponding USD/AED or USD/SAR interbank rates. Minor rounding differences may appear due to normalization of historical sources.

Indicative valuation tool for institutional physical gold. Not a trading platform, offer, or solicitation.

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Sources & Methodology — Gold Spot Price (Institutional)

Purpose & Scope

This section defines how the Gold Spot Price is established, maintained, and interpreted as an institutional reference. It provides transparency on data collection, frequency of updates, calculation formulas, currency conversions, historical normalisation, and limitations in use.

The goal is to create a consistent benchmark for valuation, custody accounting, audit reconciliation, and settlement monitoring for physical allocated gold holdings.

The gold spot price is primarily used as an institutional reference for the valuation and settlement of physical gold transactions. Within professional gold markets, it serves as a benchmark for ownership transfer, custody valuation, collateral assessment, and contractual settlement rather than a retail trading price.
This reference price is derived from the LBMA OTC market, reflecting wholesale bid and offer indications between institutional market participants. It differs from exchange-traded futures prices, retail dealer quotes, and derivative-based instruments, which serve different market functions.
In institutional frameworks, the spot price is applied to physical gold transactions involving allocated ownership, insured custody, and documented settlement processes. It is embedded in purchase agreements, custody records, and reporting mechanisms and does not represent an executable retail quote or investment offer.

Instrument & Price Definition

The Gold Spot Price represents the current indicative value of one troy ounce of fine physical gold (purity 999.9) traded in the global over-the-counter (OTC) market. This market connects refiners, central banks, institutions, and authorized dealers directly, outside of exchanges.
Spot prices reflect live liquidity rather than fixed benchmarks. The displayed value corresponds to the midpoint between the best available bid (buy) and ask (sell) quotes across primary OTC liquidity hubs — London, New York, and Hong Kong.
The mid-price is used because it offers a neutral reference suitable for valuation and portfolio reporting without the bias of either side of the market.

Relation to LBMA Fix

The London Bullion Market Association (LBMA) Gold Price AM and PM fixes represent formal daily auctions conducted under regulatory supervision. They serve as settlement benchmarks for contracts and institutional reporting. The live spot feed on this page reflects continuous OTC trading and therefore moves in real time between those fixes.
Spot and LBMA Fix are complementary: the fix provides a regulated daily reference, while the spot reflects current indicative liquidity across global trading sessions.

Data Sources

Spot (XAUUSD): consolidated OTC mid-quotes aggregated from multiple liquidity providers operating across London, New York, and Hong Kong.
FX rates: synchronized interbank exchange rates for USD to major and regional currencies (EUR, GBP, CHF, CAD, AUD, HKD, CNY, AED, SAR).
Benchmarks: LBMA Gold Price AM and PM sessions used for daily normalization and consistency checks.
These sources provide institutional depth and minimize local price distortions.

Update Frequency & Time Logic

Spot and FX data refresh automatically up to once every 60 seconds. Updates use UTC timestamps for global consistency, while local browser time may appear in tooltips.
Liquidity intensity follows time zones: Asian session (Hong Kong) provides early flow, London sets the benchmark window, and New York dominates global volume overlap.
Weekends and market holidays show flat prices to preserve timeline integrity.
The average latency between data sampling and page rendering remains under one second.

Currency Conversion Methodology

All live and historical data originate in USD per troy ounce. For other currencies, conversion uses synchronized interbank FX rates.
Formula: PX_ccy_unit = PX_usd × FX_usd_ccy × UnitFactor.
Example: if the USD spot price is 4096.25 and the EUR/USD interbank rate is 0.9210, then 4096.25 × 0.9210 = 3771.60 EUR per ounce.
This ensures alignment between gold and currency market timestamps, avoiding artificial differences caused by asynchronous rates.

Unit Conversions (Troy Standard)

Gold is measured using the troy system, not the avoirdupois (used for everyday goods).
1 troy ounce = 31.1034768 grams.
1 kilogram = 32.1507466 troy ounces.
Conversions:
• Per gram = 1 ÷ 31.1034768
• Per kilogram = 32.1507466
• Per ounce = 1
All calculations use full-precision floating arithmetic; rounding is applied only at display to maintain consistency.

Purity Assumption

All displayed values correspond to fine gold (999.9, 24-karat). For jewelry, scrap, or industrial gold of different purity levels, multiply the displayed price by (purity ÷ 1000).
Example: 916 gold (22k) = 0.916 × spot price.
This assumption ensures that institutional valuation reflects the fine metal content rather than product weight.

Calculation Example

If the spot price = 4096.25 USD/oz and the weight = 10 kg, fine gold value = (10 × 32.1507466 × 4096.25) = 1,317,428.9 USD.
The same formula applies for grams or ounces using their conversion factors.
These calculations form the basis of the “Gold Value Calculator” tool on this page.

Historical Data Normalization

Historical prices are aligned to the London PM session, ensuring consistency with institutional reporting standards.
If the PM quote is missing, the system uses the nearest consolidated mid within the same trading day.
All non-USD historical data are derived from USD prices multiplied by interbank FX rates valid at each day’s London close.
Weekend and holiday periods remain flat; no synthetic interpolation is applied.

Performance & Returns

Each percentage change reflects the difference between two official closes in the same currency.
Short-term intervals (1D, 1W, 1M, 6M, YTD) show close-to-close variation.
Annual returns are geometric and include FX effects.
Formulas:
• Ret_% = (PX_t / PX_0 − 1) × 100
• Δ_abs = PX_t − PX_0
• Annual Return = (PX_close_t / PX_close_{t−1} − 1) × 100
These metrics allow consistent cross-year analysis of gold’s nominal and FX-adjusted performance.

Data Quality & Validation

Each 1-minute aggregation window consolidates data from multiple OTC feeds.
Outliers are detected via z-score analysis compared to the last 20 samples; values exceeding ±3σ are smoothed or capped at the 1st and 99th percentile.
Cross-source variance tolerance: ±0.20% across providers.
If deviation exceeds this range, the system displays the last validated price with a “Delayed” indicator until normal conditions return.

Precision & Rounding

Internal math uses double-precision arithmetic.
Prices displayed with two decimals (except JPY pairs shown as integers).
Percent changes displayed with two decimals.
Rounding occurs at output only to prevent drift across calculations.
All timestamps follow ISO-8601 in UTC.

Currency Coverage & Pegged Systems

Supported currencies: USD, EUR, GBP, CHF, CAD, AUD, HKD, CNY, AED, SAR.
Pegged currencies (AED, SAR) use live interbank quotes rather than static rates, reflecting any short-term liquidity deviations while maintaining parity with USD.
No fixed pegs are hard-coded; all data are dynamically sourced.

Interpretation & Use Cases

This page provides an indicative institutional benchmark for:
• Portfolio valuation and mark-to-market accounting.
• Custody audit and bar-list reconciliation.
• Settlement monitoring for institutional gold transactions.
The displayed values are suitable for documentation, compliance reporting, and internal pricing models, but not for direct execution.

Limitations & Risk Factors

All data are indicative, not executable.
Differences between providers (typically ≤0.20%) stem from latency, aggregation windows, and FX timestamp alignment.
Displayed prices exclude product premiums, fabrication costs, logistics, taxes, and custody fees.
Physical transaction prices depend on trade size, form, and logistics location.

Technical Alignment with Custody Settlements

All institutional settlements for allocated gold custody reference the same spot and FX feeds.
Trade confirmation occurs at the desk quote level, synchronized with the mid-price methodology outlined here.
This ensures full traceability between displayed indicative prices and executed settlements.

Legal Context

This information is indicative, intended for institutional reference and internal reporting.
It does not constitute an offer, a quote, or investment advice.
All executions for allocated gold custody are confirmed at live desk quotes based on the same underlying OTC and FX sources.

FAQ — Gold Spot Price

Institutional
What is the gold spot price?
The current indicative mid-price for one troy ounce of wholesale physical gold traded OTC. It updates continuously during market hours and is used as reference for institutional settlement and valuation.

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