how much is an ounce of pure gold worth
An ounce of pure gold is worth about $4,003 per troy ounce right now, based on the latest live spot price. Gold is quoted in troy ounces , and one troy ounce equals 31.1034768 grams.
Current price
The most recent live quote I found shows gold at $4,003.30 per troy ounce bid, with an ask of $4,005.30.
Another live source shows a very similar level, around $4,000.71 for the latest close.
What that means
- 1 troy ounce of pure gold: about $4,000 to $4,005.
- 1 gram of pure gold: about $128.71.
- Prices move throughout the day, so the exact amount can change by the minute.
Why the number varies
The price you see depends on whether it is the spot price or a dealer retail price. Spot is the raw market value, while coins and bars usually cost more because of premiums and fees.
If you want, I can also convert that into your local currency or show what a 1 oz gold coin would typically sell for.