5 thoughts on “What is the price of international gold”

  1. On September 6, 2011, the international gold price was $ 1922/ounce, a record high. On February 24, 2020, international gold prices exceeded $ 1660/ounce.
    The international gold price refers to the price of gold transactions in the international gold market. The international gold price is floating every day. Generally, it is based on London Gold City. The international gold price has an opening price, middle price and closing price.
    The international gold prices are used as units of US -made ounces. Domestic in China uses a unit: 1 gold balance ounce = 31.1035 grams, international gold prices are priced in US dollars, and RMB is used in China.
    The calculation of international gold prices, London's gold price is based on ounces, the 2012 gold price is $ 1254/ounce, and the formula is 1254*6.8 (about the exchange rate of the US dollar)/31.1035 The unit is 11570 Hong Kong dollars/Hong Kong two formulas 11570*0.882 (the exchange rate of Hong Kong dollar is about 0.882)/37.429 (1 port two = 37.429).
    Extension information:
    The latest international gold price:
    On August 5, 2019, international gold prices broke $ 1460/ounce, which rose more than 20 US dollars from the daily low, and the increase expanded to 1.3% to 1.3% , Continue to create a high position for more than 6 years. On August 7, 2019, the international gold price exceeded the $ 1500 mark, hitting a new high in the past six years, and has risen by more than 17%since the beginning of the year.
    On August 26, 2019, gold exceeded $ 1550/ounce, up to $ 1554.56/ounce. Since 2019, gold has increased by more than 20%, which has become the most "hard core" asset of risk shelter.
    since 2019, international gold prices have risen more than 15%, the largest annual increase since 2011. The price of gold at RMB is even greater. Among them, the price of gold futures listed on the Shanghai Futures Exchange has increased by 16.5%during the year, which is the largest annual increase in three years. On January 8, 2020, international gold prices exceeded $ 1,600/ounce.
    Reference materials: Baidu Encyclopedia-International Gold Price

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