Gold Price Today: What's the Today Gold Rate and Latest Gold Prices (12 October 2024)
As of October 12, 2024, here are the current gold prices across various regions. Gold prices are influenced by multiple factors such as currency rates, market demand, and global economic conditions. Below is a breakdown of prices by country.
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| Gold bars reflecting today's market value |
United States (USD)
| Gold Type | Price (USD) |
|---|---|
| 24K Gold per gram | $62.85 |
| 21K Gold per gram | $55.00 |
| 18K Gold per gram | $47.14 |
| 14K Gold per gram | $36.72 |
| 10K Gold per gram | $26.21 |
| Ounce of Gold | $1,955.40 |
| Gold Sovereign | $478.00 |
Gold prices in the U.S. are quoted in USD and vary based on the gold’s karat, which indicates purity. 24K gold is the purest form, while lower karats like 10K have less gold content.
Canada (CAD)
| Gold Type | Price (CAD) |
|---|---|
| 24K Gold per gram | $84.50 |
| 21K Gold per gram | $74.00 |
| 18K Gold per gram | $63.38 |
| 14K Gold per gram | $49.37 |
| 10K Gold per gram | $35.15 |
| Ounce of Gold | $2,628.35 |
| Gold Sovereign | $648.80 |
In Canada, gold is priced in CAD. The higher the karat, the higher the gold purity, affecting the price.
Australia (AUD)
| Gold Type | Price (AUD) |
|---|---|
| 24K Gold per gram | $97.05 |
| 21K Gold per gram | $85.00 |
| 18K Gold per gram | $72.80 |
| 14K Gold per gram | $56.76 |
| 10K Gold per gram | $40.38 |
| Ounce of Gold | $3,010.30 |
| Gold Sovereign | $743.50 |
Australian gold prices reflect the exchange rate and demand for gold in the local market, with 24K gold being the highest in purity.
United Kingdom (GBP)
| Gold Type | Price (GBP) |
|---|---|
| 24K Gold per gram | £51.89 |
| 21K Gold per gram | £45.45 |
| 18K Gold per gram | £39.07 |
| 14K Gold per gram | £30.42 |
| 10K Gold per gram | £21.68 |
| Ounce of Gold | £1,614.05 |
| Gold Sovereign | £398.70 |
In the UK, gold is commonly bought and sold in GBP. The prices are influenced by the global gold market and local currency fluctuations.
United Arab Emirates (AED)
| Gold Type | Price (AED) |
|---|---|
| 24K Gold per gram | AED 231.00 |
| 21K Gold per gram | AED 202.50 |
| 18K Gold per gram | AED 173.25 |
| 14K Gold per gram | AED 134.95 |
| 10K Gold per gram | AED 96.10 |
| Ounce of Gold | AED 7,185.40 |
| Gold Sovereign | AED 1,773.00 |
The UAE's gold prices in AED are influenced by global gold prices and local market conditions, with 24K being the most expensive due to its higher purity.
Conclusion
For those tracking gold prices for investment or other purposes, staying informed about market trends and economic factors is crucial. As the global market evolves, gold remains a significant asset to consider.
For the latest updates on gold prices, visit ELNEWS24.COM.
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