![]() Both gold and currency prices (e.g., US Dollar) are being updated after every minute. provides the latest prices in the current exchange rate of US Dollar (USD). in US Dollar and updated according to NewYork (America) time (GMT-04:00). Gold has remained steady as stocks have plunged. The current price of 24K, 22K, 18K, 14K, 10K, etc. The prices shown here are indicative only and are subject to change without prior notice. However, gold still trades at elevated levels by recent historical standards, supported by persistent geopolitical headwinds given the war in Ukraine, and uncertainty over the trajectory of the global economy amid China’s zero-tolerance Covid-19 stance and high inflation. Gold prices are likely to drop toward the end of 2022, says UBS. dollar has hit a two-decade high in recent weeks, making gold more expensive for holders of other currencies and further weighing on prices. In early May, Treasuries briefly moved above 3%-their highest level since 2018-making non-interest-bearing assets such as gold less attractive to investors and thus weighing on prices. IBA independently administers the price and provides the auction. BullionVaults gold price chart shows you the current price of gold in the professional gold bullion market. Gold prices trended generally lower over the last month, as expectations of aggressive Fed tightening caused U.S. The LBMA Gold Price is administered independently by ICE Benchmark Administration (IBA). Live gold prices in Zurich, London, New York, Singapore and Toronto. Gold not only has a spot price, but it also has the LBMA Gold Price. Meanwhile, on 31 May, gold closed the day at USD 1,845 per troy ounce, which was down 3.3% from the same day of the previous month. Price discovery is crucial for any market. Gold prices averaged USD 1,850 per troy ounce in May, which was 4.5% lower than April's price, and was down 0.2% from the same month last year. Gold prices averaged lower in May relative to April amid a further rise in bond yields. The price of Gold was fixed at 20.67 an ounce from 1934 until 1968, when it began to fluctuate again.
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