The price of gold is a crucial indicator for many investors and market participants, especially during this year-end period. As of Friday, December 27, 2024, the value of gold stands at EUR 2,518.96 per ounce, while in US dollars, the price of one ounce of gold stands at 2,623.95 USD. These fluctuations are generally influenced by several economic factors, including inflation, interest rates and overall demand for precious metals.
Evolution of the value of gold in 2024
Over the course of 2024, the gold price has shown significant resilience in the face of global economic uncertainties. Strong demand for safe-haven assets has helped support the price of gold. In terms of price per gram, the value of gold stands at EUR 81.00 in Europe and USD 84.37 in the United States. These stocks are essential for investors looking to diversify their portfolio or protect against inflation.
Calculation of the price of a kilogram of gold
For investors interested in larger quantities, such as a kilogram of gold bars, it is worth noting that this value can be calculated easily. So, one kilogram of gold is equal to 32.15 ounces. By multiplying the price per ounce by this factor, we obtain a very accurate value for the market. In euros, this equates to around 81,000 EUR, and in dollars, almost 84,370 USD. These figures show how important it is to regularly monitor the gold price for any investment decision.
Summary of gold values
To facilitate navigation and quickly provide all the necessary information, we have compiled a table of gold values in euros and dollars, according to different units of measurement.
Type | Price in EUR | Price in USD |
---|---|---|
1 Once | 2 518,96 EUR | 2 623,95 USD |
1 Gramme | 81,00 EUR | 84,37 USD |
10 Grammes | 810,00 EUR | 843,70 USD |
1 Kilogram | 81 000,00 EUR | 84 370,00 USD |