Gold price per ounce today in the US

The gold price per ounce today in the US is quoted in dollars per troy ounce, and the live calculated figure is in the box below. A troy ounce is 31.1035 grams, so the same price works out at 132.68 USD per gram of pure gold.

That figure is a calculated world market value. No coin or bar sells for exactly that amount, because dealers add a premium, as our guide to the gold spot price and dealer premiums explains. For the value per gram of each karat, see the US gold price page.

Is a gold ounce a regular ounce?

No, and this catches a lot of people. Gold is priced in troy ounces. The CFTC, the US commodities regulator, says the spot price is quoted in dollars per troy ounce.

A troy ounce is about 10% heavier than a kitchen ounce. If you weigh a piece of gold jewelry on a kitchen scale in ounces, the reading will be higher than the number of troy ounces it really weighs. Weigh it in grams instead.

Gold price per ounce by karat

The headline price per ounce is for pure gold. Most jewelry sold in the US is not pure, so the value of an ounce of metal depends on its karat. The number of karats out of 24 tells you the share of pure gold.

"14k gold price per gram" is a common search, and the 14K price page gives the number with a chart. Multiply by 31.1035 to get the value of a troy ounce of 14K metal.

Here is an example with a round number. It is not today's price. Suppose gold is at USD 3,000 an ounce.

That last line is the value of the gold in the chain. It is not what a jeweler would charge for it, and it is not what a buyer will pay you for it. To run the sum with live numbers, use the gold price calculator.

Why a 22K coin can still hold one ounce of gold

US federal law describes a $50 gold bullion coin that weighs 33.931 grams and "contains one troy ounce of fine gold". The coin is heavier than an ounce because it is an alloy, and that works out at about 22K.

So do not value a coin by its total weight multiplied by the 24K price, and do not assume that 22K means less gold than a full ounce. For a bullion coin, the amount of fine gold it contains is what matters. Check that figure in the coin's specification.

When does the gold price change?

The world market closes from Friday evening to Sunday evening. While it is shut, this site keeps showing the last price and the real time it was taken, so a number on Saturday is not a Saturday price.

When the market reopens the price can gap up or down. To see how the calculated value has moved at each close, look at the previous days table, which covers the last 30 trading days.

What moves the gold price per ounce?

We do not forecast the price. What we can say is that the US dollar figure you see combines the world market for gold with the value of the dollar, and that sellers add their costs on top. The method page sets out exactly what is in our number and what is not.

If you are comparing an offer from a dealer against this number, remember that the gap is expected. The size of the gap is the part worth checking.

These details were checked on 10 November 2026.

Sources

• CFTC, 10 things to ask before buying physical gold, silver or other metals
• 31 U.S. Code § 5112, denominations and specifications of coins
• Wikipedia, troy weight
• NIST, approximate conversions from US customary measures