Why is the world price quoted per ounce but I buy in grams?

Precious metals trade internationally in troy ounces, which is 31.1034768 grams, while local markets quote grams. This page shows both, so you never have to convert by hand. The troy ounce is not the everyday ounce of 28.35 grams.

Why is gold sourced differently from the other rates?

The central bank feed publishes gold with too few decimal places to be usable: a single digit change would move the price by hundreds. Gold is therefore refreshed from live exchange quotes for two tokens that each represent one troy ounce of vaulted gold, checked against each other before use.

Precious Metals - Live Gold and Silver Prices per Ounce and Gram

Finance / Precious Metals

Currency	Price (USD)

Central bank rates — 2026-10-11 Open currency converter

Coin	Price (USDT)

Binance market data, refreshed every minute Open crypto converter

Metal	1 gram (USD)	1 ounce (USD)
XAU Gold	134.5417	4,184.71
XAG Silver	1.9161	59.5970
XPT Platinum	53.3600	1,659.68
XPD Palladium	36.5483	1,136.78

Troy ounce = 31.1034768 g. Gold from live exchange quotes, cross-checked. Open metal converter

Frequently Asked Questions

Yes. Gold figures are for 24 karat, silver for 999 fine. Jewellery is usually lower purity and worth proportionally less, and shops add labour and margin on top.