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What is the price of gold today?

Gold was trading at $2,357.82 per troy ounce as of 9 a.m. ET. That’s a +0.32% change since yesterday. The precious metal is up 14.11% since Jan. 1, 2024.

Over the last day, its highest trading price was $2,364.94, while its lowest was $2,347.70.

Gold spot prices

The spot gold price is XAU/USD, representing its price in U.S. dollars. For this symbol, it’s gold (XAU) trading against the dollar (USD). Other markets, though, trade in different currencies. The best-known labels include XAU/EUR for trading euros and XAU/GBP for British pounds.

Spot gold prices are listed as the price for a troy ounce. Troy ounces are used for trading precious metals and are slightly heavier than a standard ounce. However, prices can also be quoted in grams or kilos, so pay attention to the units.

Price of gold chart

The chart below shows spot prices for gold over the last year. The data was updated at 9 a.m. ET and does not include intraday highs or lows.

Gold is up 14.11% from the beginning of the year, as of 9 a.m. ET. The 52-week intraday high reached $2,450.06 on May 20, 2024, and the 52-week intraday low dropped to $1,810.10 on Oct. 6, 2023.

Keep in mind that gold prices change in real time. Spot prices when you purchase may be significantly different if and when you decide to sell.

How to invest in gold

How to invest in gold

Owning physical gold isn’t like having stocks in an online brokerage. You’ll need a location to store it and likely want to insure it.

The difference between buying and selling prices is known as the spread if you're trading physical gold. It’s something to note because that spread can end up eating your returns. Dealers typically fold markups and transaction fees into the spread. So your purchase price can be higher than current market rates. Likewise, the money you get for a sale may be less than the current spot rate.

Some alternatives to physical gold offer better liquidity. Those may include gold exchange-traded funds, gold certificates and gold trusts. While they can be easier to manage, they have their own risks. For instance, these investments can have management fees and may not precisely track prices.

Spot prices are, therefore, a general benchmark for gold prices. In practice, actual returns for trading gold can vary depending on your method.

Precious metals prices

Precious metals are often used as investment vehicles but also have industrial uses. Like gold, the price of commodities like palladium, silver and platinum varies based on market forces. Due to their industrial applications, they also have other sources of demand.

Silver spot prices

Some investors use Silver to hedge against economic volatility. Besides its monetary value, silver has plenty of industrial uses. Precious metals are used in medicine, electronics, automobiles, and more. As a result, it trades differently than gold.

The price of silver opened at $30.27 per ounce, as of 9 a.m. ET. That’s down 0.67% from the previous day's silver price per ounce and up 26.53% since the beginning of the year.

The lowest trading price within the last day: $30.21 per ounce. The highest silver spot price in the last 24 hours: $30.67 per ounce.

Platinum spot prices

Platinum is rarer than gold or silver. The precious metal is used in catalytic converters to reduce exhaust fumes. As the auto industry pushes for cleaner cars, demand could rise, making platinum prices volatile and more challenging to predict.

The price of platinum opened at $1,014.10 per ounce, as of 9 a.m. ET. That’s up 1.16% from yesterday’s platinum price per ounce and up 2.67% year to date.

The lowest trading price within the last 24 hours: $999.01 per ounce. The highest platinum spot price in the last 24 hours: $1,016.05 per ounce.

Palladium spot prices

Another precious metal used in catalytic converters is palladium. The trend toward stricter emission standards may support demand. Combined with palladium’s scarcity, the metal can also have significant price fluctuations.

The price of palladium is $1,029.56 per ounce, as of 9 a.m. ET. That’s down 1.62% from yesterday’s palladium price per ounce and down 6.37% year to date.

The lowest trading price within the last 24 hours: $1,014.09 per ounce. The highest palladium spot price in the last 24 hours: $1,053.00 per ounce.

Frequently asked questions (FAQs)

The highest price gold ever reached was $2,450.06 on May 20, 2024.

Gold’s value tends to fluctuate based on economic, geopolitical and market factors, so the answer to this question depends on the period in which it is measured. It’s also difficult to pinpoint the direction of future price trends ahead of time.

From the beginning of the year to July 4, 2024, the price of gold rose from $2,066.32 per troy ounce to $2,357.82, representing a 14.11% increase.

Blueprint is an independent publisher and comparison service, not an investment advisor. The information provided is for educational purposes only and we encourage you to seek personalized advice from qualified professionals regarding specific financial decisions. Past performance is not indicative of future results.

Blueprint has an advertiser disclosure policy. The opinions, analyses, reviews or recommendations expressed in this article are those of the Blueprint editorial staff alone. Blueprint adheres to strict editorial integrity standards. The information is accurate as of the publish date, but always check the provider’s website for the most current information.

Wayne Duggan


Wayne Duggan is a regular contributor for Forbes Advisor and U.S. News and World Report and has been a staff writer for Benzinga since 2014. He is an expert in the psychological challenges of investing and frequently reports on breaking market news and analyst commentary related to popular stocks. Some of his prior work includes contributing news and analysis to Seeking Alpha,, Motley Fool, and the Lightspeed Active Trading blog. He’s the author of the book "Beating Wall Street With Common Sense," which focuses on practical investing strategies to outperform the stock market. He resides in Biloxi, Mississippi

Farran Powell


Farran Powell is the lead editor of investing at USA TODAY Blueprint. She was previously the assistant managing editor of investing at U.S. News and World Report. Her work has appeared in numerous publications including TheStreet, Mansion Global, CNN, CNN Money, DNAInfo, Yahoo! Finance, MSN Money and the New York Daily News. She holds a BSc from the London School of Economics and an MA from the University of Texas at Austin. You can follow her on Twitter at @farranpowell.