Gold · per ounce
A classic safe-haven asset. Tends to rise when investors worry.
Historical trend
What is Gold · per ounce?
Gold price per troy ounce (28.35 grams) on global markets. Gold is the oldest savings asset used by humans, over 4,000 years. The international price trades 24 hours a day in London, New York, and Shanghai.
How it affects you
During uncertain times (financial crises, wars, high inflation), investors tend to buy gold. Hence its reputation as a "safe haven". It pays no interest or dividend: it only preserves value over time (and even that is not guaranteed).
How to read this number
There is no "correct" price for gold: the direction matters more than the level. Sharp rallies often signal market fears (inflation, war, banking crisis); declines usually mean risk appetite returning.
Related calculators
Source: TradingView
Frequently asked
Expand/collapse: How do you invest in gold without buying physical metal?
Through ETFs that hold gold in a vault: the most popular is GLD (US). Israeli funds also track the gold price. This gives you exposure to the price without storing metal at home.