Gold Price Today in USD
Gold spot price $4,124.80 per troy ounce (XAU/USD) · updated 07:03 UTC
Gold is trading at $4,131.71 per ounce, up $68.38 or 1.68% on the day, with most of the advance coming through the New York afternoon. That leaves the week up 4.75% and narrows the year-to-date decline to 4.25%. The bid gathered pace after Comex settlement as the dollar eased and crude fell, easing some of last week’s inflation anxiety.
The immediate driver was a softer greenback alongside a sharp drop in oil. Reuters reported bullion up more than 1% on lower crude and a weaker dollar ahead of Tuesday’s US inflation print. The US dollar index slipped about 0.3% around London hours, making gold cheaper for non-US buyers, while Brent fell roughly 4% intraday, tempering price pressures that have kept real yields elevated. Lower oil and a softer dollar are a friendlier mix for bullion. (uk.marketscreener.com)
Fed speak added a nuance rather than a brake. Richmond Fed President Tom Barkin said policy should move “with care,” a tone that didn’t challenge market bets for a possible December hike but did little to support the dollar’s early strength. Reuters also flagged consensus for a 0.3% monthly rise in headline CPI, keeping rate expectations in play. Separately, Reuters noted the People’s Bank of China added about 25.8 tonnes to reserves in October, a reminder that official-sector demand remains a backstop on dips. (malaysia.news.yahoo.com)
Next up are the catalysts that will set the tone into Asia and Tuesday: the US CPI at 08:30 ET on 10 November and a heavy slate of Treasury supply this week, including the 3-, 10- and 30-year auctions. A hotter CPI risks reviving the dollar and real yields, testing today’s gains; a cooler print would likely keep the softer-dollar narrative intact. The auction results will show how much risk the market is willing to take on duration with policy still live. (dol.gov)
Silver outperformed, up 2.74% to $53.34, pulling the gold-silver ratio down to 77.5. The stronger move fits a day when the dollar eased and energy prices retreated, giving cyclical metals some breathing space alongside gold.
The gold price today is the live spot rate for one troy ounce of gold, denominated in US dollars, during the current market session. It is not a fixed daily number published once in the morning - it moves continuously from the moment markets open in Asia through the New York close, reflecting every trade, macro headline, and currency shift that touches the gold market. What GoldPrice.Live shows you on this page is that moving number, paired with context that turns raw price data into something you can actually use.
The key session figures to understand are:
For a deeper understanding of how the spot rate itself is constructed and what it represents mechanically, the gold spot price page covers that in full.
The gold rate today is never driven by a single factor. On any given trading day, gold is simultaneously responding to several inputs, and which one is dominant shifts hour by hour.
US dollar strength is the most immediate variable. Gold is priced in USD globally, so when the dollar strengthens against other currencies, gold becomes more expensive for foreign buyers - which compresses demand and tends to pull the price down. A weakening dollar does the opposite. If you see a significant dollar move in currency markets, expect the gold rate today to follow in the inverse direction.
Real interest rates are the medium-term driver. When US Treasury yields rise faster than inflation expectations, the opportunity cost of holding gold - which pays no yield - increases, and money rotates out. When real rates fall or turn negative, gold becomes relatively more attractive as a store of value. Federal Reserve meetings and economic data releases (CPI, jobs reports, GDP) are the main events that shift this dynamic.
Safe-haven demand provides the sudden, sharp moves. Geopolitical shocks, banking system stress, or equity market sell-offs push investors toward assets that hold value independent of any government or institution. Gold has filled that role for centuries, and it still does - which is why the gold rate today can spike on a news headline that has nothing to do with mining supply or jewellery demand.
Central bank buying operates in the background but has become a structural support for gold over the last several years. Consistent buying from central banks diversifying away from US dollar reserves puts a persistent bid beneath the price.
For Rick Adams' analysis of what specifically is driving gold this week - including the macro and geopolitical threads running through the current market - the gold market commentary is updated every trading day.
The gold price today USD shown on this chart is the wholesale interbank spot rate - the price at which large institutional transactions settle. When you buy a gold coin or bar from a dealer, you pay a premium above this spot rate. That premium covers fabrication costs, dealer margin, and logistics. It is not a mark-up in the pejorative sense - it is the real cost of converting a financial price signal into physical metal you can hold.
Premiums vary by product. A 1oz gold coin from a government mint carries a higher premium than a 100g gold bar, partly because of its recognisability and liquidity when you come to sell. Whatever you're evaluating, the spot rate here is your baseline.
If you want to convert today's gold price into a specific weight, the gold calculator handles it across ounces, grams, kilograms, tolas, and taels in real time. If you're tracking a specific karat rather than pure gold, you can check live prices for 24K, 22K, and 18K gold directly.
Today's gold price in USD is the global reference rate, but what it means for your portfolio depends on where you are and what currency your costs and returns are denominated in. The same USD spot price can represent a very different outcome for an investor in Australia, India, or the UK once currency moves are factored in.
GoldPrice.Live publishes the gold rate today across twelve currencies - find your local rate via the gold price by country hub. If you're also watching silver alongside gold today, the silver price today updates on the same cadence and lets you track both metals through the same session.
For how today's price stacks up against monthly and yearly ranges, our gold charts page gives you the full historical view with adjustable timeframes - useful for understanding whether current levels represent a high, a low, or a mid-range entry point by recent standards.
Have a question about the data on this page, or want to get in touch with the team? Visit the contact page.
