One Ounce Gold Bar Price In Usa

Even countries that use the metric system still produce bars and coins in the 1 troy oz size since it is so popular.

One ounce gold bar price in usa. Gold price per ounce. Just like two similar pairs of jeans from two different companies will carry different price tags two 1 oz gold bars from different companies will vary in price as well. That s about a 30 difference per ounce of gold bullion. Live gold bullion coin and bar prices current gold spot price 1 901 59 12 08 am sun.

Smaller investors for example may be more interested in the price of gold per gram than ounces or kilos. For example today a 1 oz american gold eagle coin may be bought from a dealer for 1355. In the gold business if someone just says gold bar they are probably referring to the 1 troy oz size. Gold bars can also be purchased in fractional sizes such as 1 gram 2 gram 5 gram 20 gram 50 gram and more.

61 35 0 39 gold price per kilo. One troy ounce of gold is the same around the world and for larger transaction are usually priced in u s. 1 908 10 12 20 gold price per gram. The 1 troy oz gold bar is the most common size traded around the world.

Dollars as that is the most active market. After the price of gold passed the mark of 1 000 us dollars per ounce for the first time in march 2008 by the end of 2011 it had already reached 1 600 us dollars per ounce. You can now sell your 1 oz gold bar to us at a price of 1 887 45 each. Gold spot prices gold price spot change.

That same dealer is also offering a 1 oz opm gold bar for 1323. If you are like most investors and only concerned about the weight and purity of a bar as opposed to its brand name finding the cheapest 1 oz bar will be your end goal. However the value of an ounce of gold can be higher or lower based on the value of a nation s currency.