The price of gold (ounce, gram, kilo) this Monday, November 18, 2024

The price of gold is a crucial topic for investors and individuals interested in precious metals. This Monday, November 18, 2024, the value of gold reached impressive heights on the markets. In fact, the price of an ounce of gold is currently trading at 2,456.84 EUR, while in US dollars it is 2,595.97 USD. These figures demonstrate the strong demand for this precious metal, often considered a safe haven in times of economic uncertainty.

Analysis of the price of a gram of gold

Taking a closer look at the price of a gram of gold, we see that it amounts to 79.00 EUR in the Eurozone and 83.47 USD for investors in the United States. Fluctuating gold prices can have a significant impact on investors’ buying and selling decisions, making it essential to monitor real-time quotes. Demand for gold remains high, particularly due to its use in jewelry, electronics and investments.

Valuation of gold in different forms

For those interested in investing in gold in the form of bars or coins, it is important to note that the value of an ounce of gold is often used as a benchmark for calculating the value of bars. For example, a 1 kilogram gold bar is equivalent to approximately 32.15 ounces, giving an estimate of EUR 79,000 for one kilogram of gold or approximately USD 83,470. This illustrates how much the price of a gram of gold can vary depending on markets and currencies.