USD $4,123.40 −1.52% US Dollar, 4,123.40 per Troy Ounce, Down 1.52 percent today
EUR €3,664.63 −1.52% Euro, 3,664.63 per Troy Ounce, Down 1.52 percent today
GBP £3,109.00 −1.52% British Pound, 3,109.00 per Troy Ounce, Down 1.52 percent today
AED د.إ15,143.19 −1.52% UAE Dirham, 15,143.19 per Troy Ounce, Down 1.52 percent today
SAR ﷼15,462.75 −1.52% Saudi Riyal, 15,462.75 per Troy Ounce, Down 1.52 percent today
INR ₹397,774 −1.52% Indian Rupee, 397,774 per Troy Ounce, Down 1.52 percent today
PKR ₨1,141,116 −1.52% Pakistani Rupee, 1,141,116 per Troy Ounce, Down 1.52 percent today
JPY ¥652,097 −1.52% Japanese Yen, 652,097 per Troy Ounce, Down 1.52 percent today
CNY ¥27,675.98 −1.52% Chinese Yuan, 27,675.98 per Troy Ounce, Down 1.52 percent today
AUD A$5,908.17 −1.52% Australian Dollar, 5,908.17 per Troy Ounce, Down 1.52 percent today
CAD C$5,863.99 −1.52% Canadian Dollar, 5,863.99 per Troy Ounce, Down 1.52 percent today
CHF CHF3,430.05 −1.52% Swiss Franc, 3,430.05 per Troy Ounce, Down 1.52 percent today
TRY ₺202,840 −1.52% Turkish Lira, 202,840 per Troy Ounce, Down 1.52 percent today

USD $4,123.40 −1.52% US Dollar, 4,123.40 per Troy Ounce, Down 1.52 percent today
EUR €3,664.63 −1.52% Euro, 3,664.63 per Troy Ounce, Down 1.52 percent today
GBP £3,109.00 −1.52% British Pound, 3,109.00 per Troy Ounce, Down 1.52 percent today
AED د.إ15,143.19 −1.52% UAE Dirham, 15,143.19 per Troy Ounce, Down 1.52 percent today
SAR ﷼15,462.75 −1.52% Saudi Riyal, 15,462.75 per Troy Ounce, Down 1.52 percent today
INR ₹397,774 −1.52% Indian Rupee, 397,774 per Troy Ounce, Down 1.52 percent today
PKR ₨1,141,116 −1.52% Pakistani Rupee, 1,141,116 per Troy Ounce, Down 1.52 percent today
JPY ¥652,097 −1.52% Japanese Yen, 652,097 per Troy Ounce, Down 1.52 percent today
CNY ¥27,675.98 −1.52% Chinese Yuan, 27,675.98 per Troy Ounce, Down 1.52 percent today
AUD A$5,908.17 −1.52% Australian Dollar, 5,908.17 per Troy Ounce, Down 1.52 percent today
CAD C$5,863.99 −1.52% Canadian Dollar, 5,863.99 per Troy Ounce, Down 1.52 percent today
CHF CHF3,430.05 −1.52% Swiss Franc, 3,430.05 per Troy Ounce, Down 1.52 percent today
TRY ₺202,840 −1.52% Turkish Lira, 202,840 per Troy Ounce, Down 1.52 percent today

Gold Market

Tagged: spot price

Explainers 17 Sep 2026 5 min read

How the Spot Gold Price Is Set and Who Sets It

The spot gold price emerges from a hybrid of London benchmark auctions and electronic futures trading, with central banks and bullion banks playing key roles.

Explainers 17 Sep 2026 4 min read

How the LBMA Gold Price Auction Works and Differs from Spot

The LBMA Gold Price auction is a twice-daily benchmark-setting process that differs fundamentally from the real-time spot price traded on exchanges.

Explainers 17 Aug 2026 4 min read

Gold Spot vs Futures vs Physical Prices Explained

Gold trades at three different price levels: spot, futures, and physical. Each serves a distinct market and is influenced by different factors.

Explainers 17 Aug 2026 4 min read

Understanding the LBMA Gold Price Auction and Its Difference from Spot Price

The LBMA Gold Price auction is a twice-daily benchmark-setting process, distinct from the continuously fluctuating spot price of gold.

Explainers 7 Aug 2026 2 min read

How the London gold benchmark is set, and why it matters

Twice a day, a short electronic auction produces the number that prices most of the world's physical gold. Here is how it works.