Gold Price Today: What's the Today Gold Rate and Latest Gold Prices (October 24, 2024)
Gold continues to be a key asset for investors worldwide. As of Thursday, October 24, 2024, we have compiled the latest gold prices for different gold types across several key markets. In this article, we will look at the prices in the United States, Canada, Australia, the United Kingdom, and the United Arab Emirates.
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Gold Prices in the United States (USD)
| Type | Price per Gram |
|---|---|
| Gold 24K | $64.32 |
| Gold 21K | $56.24 |
| Gold 18K | $48.16 |
| Gold 14K | $37.53 |
| Gold 10K | $26.76 |
| Gold Ounce (1 oz) | $2,000.50 |
| Gold Coin | $2,020.10 |
In the U.S., the 24K gold rate remains the highest, favored by investors seeking pure gold. The price for a gold coin is slightly above the spot price of an ounce, reflecting minting and distribution costs.
Gold Prices in Canada (CAD)
| Type | Price per Gram |
|---|---|
| Gold 24K | $88.50 |
| Gold 21K | $77.37 |
| Gold 18K | $66.24 |
| Gold 14K | $51.63 |
| Gold 10K | $36.83 |
| Gold Ounce (1 oz) | $2,750.60 |
| Gold Coin | $2,780.75 |
Canada's gold prices reflect the strength of the Canadian dollar. 24K gold is a popular choice for large purchases, while 21K gold is often used for jewelry.
Gold Prices in Australia (AUD)
| Type | Price per Gram |
|---|---|
| Gold 24K | $94.32 |
| Gold 21K | $82.60 |
| Gold 18K | $70.87 |
| Gold 14K | $55.53 |
| Gold 10K | $39.68 |
| Gold Ounce (1 oz) | $3,048.30 |
| Gold Coin | $3,080.70 |
Australia remains a significant player in the global gold market. The gold price here is slightly higher due to local demand and the strong Australian dollar.
Gold Prices in the United Kingdom (GBP)
| Type | Price per Gram |
|---|---|
| Gold 24K | £51.50 |
| Gold 21K | £44.48 |
| Gold 18K | £38.63 |
| Gold 14K | £30.16 |
| Gold 10K | £21.56 |
| Gold Ounce (1 oz) | £1,600.80 |
| Gold Coin | £1,620.40 |
In the UK, gold jewelry is often made of 21K gold, reflecting a balance between purity and durability. 24K gold is a less common option but is favored for long-term investments.
Gold Prices in the United Arab Emirates (AED)
| Type | Price per Gram |
|---|---|
| Gold 24K | AED 234.80 |
| Gold 21K | AED 205.30 |
| Gold 18K | AED 175.90 |
| Gold 14K | AED 138.50 |
| Gold 10K | AED 98.30 |
| Gold Ounce (1 oz) | AED 7,320.90 |
| Gold Coin | AED 7,380.30 |
The UAE is a hub for gold trading, with 24K gold being particularly popular due to its high purity. The demand for gold coins is also high among collectors and investors.
By keeping an eye on the daily fluctuations in gold prices, investors and consumers can make informed decisions. It's crucial to check these prices regularly, as they are subject to change based on market dynamics and economic conditions.
For further updates and detailed insights, visit ELNEWS24 to stay informed on the latest gold price movements.
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