USD2.5936−0.0007EUR2.9111+0.0070GBP3.4835+0.0014CHF3.1622−0.0085TRY0.0516−0.0001RUB0.031308−0.000176AZN1.5256−0.0005AMD0.007195+0.000009UAH0.05694−0.00013

Precious metals prices: gold, silver, platinum, palladium

International market prices per troy ounce, converted to grams and lari. What you pay or get for an item differs from the market price.

Market price vs shop price

The prices here are international wholesale benchmarks: an ounce of pure gold, a barrel of crude, a tonne of copper. Gold jewellery, a bank's bar, petrol at the pump or scrap all trade at other prices, which include processing, transport, taxes and margins. GFX.GE does not buy or sell commodities.

Gold

International spot gold reference price (XAU), US dollars per troy ounce

Gold is priced worldwide in US dollars per troy ounce (31.1034768 g). That is the price of pure gold on the large wholesale market. Jewellery and bars contain gold according to their fineness: 585 means 58.5% gold. A shop, pawnshop or bank price differs from the market price because of workmanship, premiums and the buy/sell spread.

Silver

International spot silver reference price (XAG), US dollars per troy ounce

Silver is both a precious and an industrial metal, used in electronics, solar panels and jewellery, so its price swings more than gold's. 925 (sterling) means 92.5% silver, the rest is alloy. A jewellery price can be far above the metal value because of workmanship.

Platinum

International spot platinum reference price (XPT), US dollars per troy ounce

Platinum is a rare precious metal. Much of it goes into car catalytic converters, chemistry and jewellery, so its price also depends on industrial demand. Platinum fineness differs from gold's: 950 is common in jewellery.

Palladium

International spot palladium reference price (XPD), US dollars per troy ounce

Palladium is a platinum-group metal used mostly in catalytic converters for petrol engines. The market is small and supply depends on a few countries, so the price is very volatile. What you get for an item can differ a lot from the market price.

Prices are for information: international benchmarks from gold-api.com, the EIA and the IMF (via FRED), converted at the National Bank rate. Not an offer to buy or sell, and not investment advice.

Sign in to GFX and never miss a rate

or
Sign in with Google