1 troy ounce 0 031 kilogram.
Stock market gold price today.
When a website converts the price to a local currency it s usually indicated.
Sometimes a website will display the spot price in a local currency e g.
The precious metal gold is a very popular investment.
Gold price per 1 kilogram.
Gold is commonly viewed as a safe haven investment and is often used as a hedge against currency issues or an equity downturn.
The gold spot price is the current market price in us dollars for a troy ounce 31 1g of 99 99 pure gold.
1 troy ounce 1 097 ounce.
The price of gold acts more as a currency than an commodity as it usually moves more in correlation with fiat currencies than with other commodities.