Gold Axis

Live Metal Prices

Gold Price per Ounce

Live gold rate per troy ounce in major world currencies

US Dollar (USD)

$2,650

per troy ounce

Indian Rupee (INR)

225,500

per troy ounce

Euro (EUR)

2,430

per troy ounce

British Pound (GBP)

£2,100

per troy ounce

UAE Dirham (AED)

AED 9,730

per troy ounce

Weight Conversions

Troy Ounce to Other Units

  • 1 troy ounce = 31.1035 grams
  • 1 troy ounce = 0.0311035 kilograms
  • 1 troy ounce = 480 grains
  • 1 troy ounce = 20 pennyweights (dwt)

Troy vs Avoirdupois Ounce

  • 1 troy ounce = 1.09714 avoirdupois ounces
  • 1 avoirdupois ounce = 28.3495 grams
  • Gold is always measured in troy ounces
  • International standard: ISO 9001

About Gold Price per Ounce

The troy ounce is the international standard unit for gold pricing. When you see “gold spot price,” it almost always refers to the price per troy ounce. One troy ounce equals 31.1035 grams, which is slightly heavier than the standard (avoirdupois) ounce of 28.35 grams. The gold spot price per ounce is set by the London Bullion Market Association (LBMA) twice daily.

Gold Price in Other Units