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Gold spot price
Understand gold spot pricing, data, units and the difference between spot prices and retail quotes.
Open Gold MarketGold data
GlobalConvert's gold tools are designed to help compare gold values by common units. market data can differ from dealer, jewellery and retail prices.
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Understanding gold spot price
Gold is commonly quoted per troy ounce in global markets. Local retail prices can include premiums, fabrication charges, taxes and dealer spreads, so a spot value is not necessarily the final amount paid by a buyer.
Gold and currencies
Because gold is widely quoted in US dollars, currency movements can affect the local-currency value even when the dollar-denominated gold price is unchanged.