Precious metals · XAU

Gold price

US$4,510 / troy ounce
≈ €3,836 ≈ £3,361 Unchanged 24h 54% within the 52-week range
FX Editorial Team · Data updated: · Editorially verified
Gold (XAU) price today US$4,510 / troy ounce, ↑ +0.00% (24h)

Gold chart

Interactive chart and 30-day overview

7 days
▼ −0.68%
−US$30.72
30 days
▼ −4.89%
−US$231.96
1 year
▲ +34.32%
+US$1,152
52-week range
US$3,245 54% US$5,608
Gold (XAU) 30-day price chart — USD, EUR, GBP

The Gold chart shows how the gold price has moved over time. The interactive view lets you switch the timeframe (from 7 days up to MAX), the currency (USD / EUR / GBP) and overlay moving averages. Click any two points to measure the percentage change between those dates.

What drives the price of gold?

Gold is one of the oldest monetary assets. Its market price is shaped by several independent forces. The most important is central bank demand: central banks buy gold to diversify reserves, and that demand has become a material long-term factor. Another is geopolitical uncertainty. During wars, trade tensions or periods of weakening confidence in the global system, investors often treat gold as a haven asset, which can lift prices.

The second group of drivers is monetary policy and inflation expectations. Gold pays no interest, so its appeal relative to bonds and bank deposits depends on real interest rates — nominal yields minus inflation. When real rates are low or negative, gold tends to look more attractive. The strength of the US dollar also has an inverse relationship with the gold price: a weaker dollar usually means a higher USD gold price, and vice versa.

The third factor is physical supply and demand. Annual gold mining produces about 3,500 tonnes. Demand comes mainly from jewellery, especially in India and China, investment products such as ETFs, coins and bars, and industrial uses including electronics and dentistry. Mine supply responds slowly to price changes. Developing a new gold deposit can take 8–15 years, while output from existing mines also tends to decline over time.

How to invest in gold

A European retail investor can gain exposure to gold in several ways. Physical gold — investment bars and coins — is the traditional route. It offers direct ownership and no counterparty risk, but involves storage costs and often wide retail spreads. Gold ETCs, European products such as iShares Physical Gold ETC — SGLN or Invesco Physical Gold — SGLD, provide paper exposure to physical gold through a brokerage account, typically with low ongoing fees of about 0.2–0.4% a year. Gold-mining shares and ETFs, such as Newmont, Barrick and VanEck GDX, offer leveraged exposure to the gold price, with higher potential returns and higher volatility. Traders can also speculate directly on GOLD through CFDs. These are leveraged products and carry high risk.

30-day price history

Chart and daily closing prices

Gold (XAU) 30-day price chart — USD, EUR, GBP

Daily close

30 trading days

Date Price (USD) Price (EUR) Price (GBP) Daily change
23 May 2026 US$4,510 €3,836 £3,361 ▼ −0.21%
22 May 2026 US$4,519 €3,844 £3,368 ▲ +0.14%
21 May 2026 US$4,513 €3,838 £3,364 ▼ −0.37%
20 May 2026 US$4,530 €3,852 £3,376 ▲ +0.45%
19 May 2026 US$4,509 €3,835 £3,361 ▼ −0.77%
18 May 2026 US$4,544 €3,865 £3,387 ▲ +0.08%
16 May 2026 US$4,541 €3,862 £3,384 ▼ −0.03%
15 May 2026 US$4,542 €3,863 £3,385 ▼ −3.09%
14 May 2026 US$4,687 €3,986 £3,493 ▼ −0.19%
13 May 2026 US$4,696 €3,994 £3,500 ▲ +0.64%
12 May 2026 US$4,666 €3,968 £3,477 ▼ −1.39%
11 May 2026 US$4,732 €4,024 £3,526 ▲ +0.32%
10 May 2026 US$4,716 €4,011 £3,515 ▲ +0.62%
6 May 2026 US$4,687 €3,986 £3,493 ▲ +2.58%
5 May 2026 US$4,569 €3,886 £3,405 ▲ +1.05%
4 May 2026 US$4,522 €3,845 £3,370 ▼ −2.02%
2 May 2026 US$4,615 €3,925 £3,439 ▼ −0.63%
1 May 2026 US$4,644 €3,950 £3,461 ▲ +0.62%
30 Apr 2026 US$4,616 €3,925 £3,440 ▲ +0.36%
29 Apr 2026 US$4,599 €3,911 £3,428 ▼ −1.95%
28 Apr 2026 US$4,690 €3,989 £3,496 ▲ +0.43%
27 Apr 2026 US$4,670 €3,972 £3,481 ▼ −0.87%
25 Apr 2026 US$4,711 €4,007 £3,511 ▼ −0.65%
22 Apr 2026 US$4,742 €4,033 £3,534 ▼ −0.76%
21 Apr 2026 US$4,778 €4,064 £3,561 ▼ −0.33%
20 Apr 2026 US$4,794 €4,077 £3,573 —

Gold: frequently asked questions

How much does 1 gram of gold cost today? +
The global gold price is quoted per troy ounce (1 T.oz = 31.1035 g), so the price of 1 gram of investment gold is the troy-ounce price divided by 31.1. The current gram, kilogram and tonne values are shown directly in the Price conversion bar at the top of the page. In the retail market, the price is higher because of fabrication, certification and dealer margins. A 1 gram bar bought from a regulated dealer is typically 8–15% above spot.
How much is 1 kg of gold worth? +
One kilogram of gold is worth 32.15 times the troy-ounce quote (1000 g ÷ 31.1035 g/ounce). The current dollar and local-currency value of a kilogram is shown in the Price conversion bar at the top of the page. Kilogram bars are priced close to spot. Among retail investment sizes, a kilo bar usually has the lowest percentage spread.
Why is gold quoted in troy ounces rather than grams? +
The troy ounce (T.oz, 31.1035 g) spread through Europe from the medieval fairs of Champagne, linked to the French city of Troyes. The unit became part of the gold-based monetary system as the London precious-metals market standard in the late 19th century and remains the global reference today. International trading venues including LBMA, COMEX and the Shanghai Gold Exchange quote gold in ounces. The gram price is a conversion.
What drives the price of gold? +
The price is traditionally shaped by four main factors: central bank demand through reserve purchases, geopolitical uncertainty through gold’s haven role, inflation expectations and real interest rates, where lower real rates make holding gold more attractive. Secondary influences include the strength of the dollar, jewellery demand in India and China, and mine supply.
How can I buy gold for investment? +
European retail investors have three main routes: physical gold, such as bars, coins and minted bars bought from regulated bullion dealers including The Royal Mint in the UK, BullionVault or GoldMoney; gold ETFs, such as SPDR Gold Shares — GLD, iShares Gold Trust — IAU, iShares Physical Gold ETC — SGLN and Invesco Physical Gold — SGLD, which are backed by physical gold; and gold-mining shares or ETFs, such as Newmont, Barrick Gold or VanEck Gold Miners — GDX, which are riskier but provide leveraged exposure to the gold price.
ETF or physical gold — which is better? +
The choice depends on the objective. Physical gold gives direct ownership and no counterparty risk, but it brings storage and insurance costs, and bid-offer spreads can be wide, often 5–10% for bars below 10 g. An ETF offers gold exposure through a brokerage account with low costs, typically 0.2–0.4% in annual fund fees, and high liquidity. But the actual gold is held in the fund manager’s vault. Some long-term investors combine both.
What is the LBMA fixing? +
The LBMA Gold Price is the gold benchmark published twice daily by the London Bullion Market Association, at 10:30 and 15:00 London time. It is the global reference price for commercial contracts, ETF NAV calculations and bullion-market settlements. The auction is administered by IBA, the Intercontinental Exchange Benchmark Administration, and the equilibrium price is formed from bids and offers submitted by 15 independent participants.
How is profit from gold investment taxed? +
Tax treatment varies by jurisdiction; consult a local tax adviser.
Data sources: London Bullion Market Association (LBMA) · World Gold Council — Gold Demand Trends · COMEX (CME Group) — Gold Futures · Hungarian National Bank — Foreign reserve statistics