GOLD EXCHANGE

The live chart for the Gold Ounce price is published in London time. Sourced from TradingView. The chart will be published continuously from 6:00 PM on Sunday to 6:00 PM on Friday (New York time). The World Gold Market live chart displays the current dollar price of 1 ounce of gold worldwide. The horizontal data color indicates both the direction of the global gold market and the second-by-second buying and selling volumes in London time. It's important to follow the live chart of the World Gold Exchange in London time. The global gold price is fixed twice daily at 10:30 AM and 3:00 PM in London. For more information, see our page >> Who Sets the Price of Gold? The constantly changing red and green numbers you see in the left column of the live gold ounce chart, above the price or below the logo, represent a progressive list of real-time buy (bid) and sell (ask) orders. This system is commonly known as the Level 2 order book and represents volume data. Prices in green: Buy orders (bid) → Indicates the amount of gold investors are willing to buy at that price. Prices in red: Sell orders (bid) → Indicates the amount of gold investors are willing to sell at that price. The numbers next to the price indicate the number of lots or units of gold ordered at that price. This system is often used as a liquidity depth indicator. More green or red indicators indicate that the price may be trapped in that area or may be difficult to break out of. This view is also known as the "Depth of Market" (DOM) or market depth panel. If the price is more concentrated on the buy side (greener), the market may be willing to move higher (strong demand). If the sell side is more crowded (redder), selling pressure may be high (high supply). Every order is someone's loss and someone else's profit. If this tracking is tedious and time-consuming, check out our >> Gold Investment page. The live oscillator here provides both guidance for users unfamiliar with technical analysis and quick decision-making support for those familiar with chart reading. Users looking to invest in gold can view real-time trading performance in the left column, get directional predictions from the technical summary panel, and make instant decisions, making it clearer whether to hold or buy. While viewing the chart, you may notice that some large players ("whales") are entering and canceling large, but unfilled, orders to manipulate the price. This is called fraud. Be cautious if large lots are suddenly added or deleted. Checking the page twice daily, according to London price fixing times, is generally sufficient to understand the direction of global gold prices. Domestic political and geopolitical stresses are excluded, as they directly impact the markets.

The Dollar Index is the value of the US dollar against a proportional index of six currencies: the euro, Japanese yen, British pound, Canadian dollar, Swedish krona, and Swiss franc, calculated using the geometric mean. When the US dollar was no longer pegged to gold, the amount of dollars held by countries increased, and the dollar's value fell, but the global trading system became dollar-based. The value of their own currencies against the dollar became important for countries. The Dollar Index rises when US bond yields increase and countries choose the dollar over their own currencies. This indicates increased interest in paper and stock markets and decreased interest in gold. A decline in the index indicates decreased interest in paper money, a shift away from the dollar, and a rise in the euro/dollar pair; that is, the euro and five other currencies have appreciated against the dollar. The pair is simply the euro/dollar rate. This is real-time data from live foreign exchange markets. A decline in the index and a rise in the pair, as well as the price of gold per ounce, indicate a decline in the value of the dollar, a shift away from paper money, and increased interest in gold. Tracking gold is vital for investors and currency exchanges. You don't need to be an expert; observing the frequently changing cross trends of the USD Index, the Gold Ounce Dollar price, and the Euro/Dollar exchange rate (€/$) is sufficient to understand the current direction of the global market. Taking a position accordingly is the right course of action. However, this doesn't mean they always move in opposite directions. Even if they move in the same direction, it's best to stay on the side of relative size. Geopolitical stresses and manipulation by major players are key factors affecting these metrics. Also, check out our >> Gold investment page >> and make quick decisions with our algorithmic AI tool that performs multi-factor technical analysis. The $ Index (DX) is traded on the Intercontinental Exchange (ICE) and opens and closes simultaneously with the global gold exchange (New York time). What does the stock symbol represent? By clicking the green dot icon on the chart, you can see the stock market's opening or closing status, which exchange you are affiliated with in your time zone, and the opening and closing times; data is refreshed every 5 seconds.

One ounce of gold, or 1 Troy Ounce of gold, is 31.1034768 grams of gold with 999.9% purity. The global gold market generally uses the troy ounce gold price, and gold funds are issued based on this unit. The troy ounce is different from the ounce weight unit. The global gold price per ounce is published live and instantly using high-frequency synchronized transaction data. The gold price has no tolerance for delays. The spot gold price chart provides 24/7 live gold trading on global exchanges from 1:00 AM Monday to 1:00 AM Saturday. From the graphical display above, you can follow the data transmitted to us live, day and night, for a week. The chart provided by the global gold platform shares live data from all gold exchanges opened in the regions where the sun rises. It achieves this by sourcing from major gold exchange operators like the CME Group. The dollar price in the chart above is the current live trading price of 1 troy ounce of gold (31.103 grams). World gold exchanges are closed on Saturdays and Sundays. There is only one global gold price. However, there are many gold exchanges. The operators of the common platform save us the trouble of tracking each exchange individually. They collect data from international markets and transmit it globally with a maximum delay of 10 minutes. Alternatively, they offer real-time streaming services for a fee. The data shared by the countries' exchanges feeds into the feeds of the common platform provided by the major operators. The first gold exchange to open in the east closes its trading day and receives the fixed gold price for the trading day from the London bullion market. The market opens exactly 11 hours later, with a one-day delay. Similarly, the New York Gold Exchange learns the price set by London with a lag, while trading volume in its own market influences the next day's London price. This cycle continues uninterrupted. This is how synchronized markets allow us to provide you with uninterrupted data. For another example, the Swiss Gold Exchange's network currently connects Zurich to London, Frankfurt, and Milan, and Milan to Frankfurt and London. SIX also operates the London-Stockholm route in partnership with Nasdaq. It accelerates the speed of transaction and market data through Europe's largest microwave network. Its goal is to create a more equitable and democratic global gold market by expanding the flow of data without delay. Bank reserves are enormous. This is the only way to maintain global economic balance, and someone must ensure it. Gold market transactions cannot be conducted independently of the rest of the world. If you try to do so, you will be humiliated and instantly destroyed. That's why the global gold price has been fixed twice a day since 1919. Since 2015, a specialized institution based in London called the IBA (ICE Benchmark Administration) has used advanced data processing tools to determine the gold price in 30-second cycles based on the supply and demand of connected investors worldwide, known as "ice quality testing." These fixed prices are announced globally in two sessions each day at 10:30 a.m. and 3:00 p.m.: the morning fixed and the evening fixed. When exchanges open, transactions are executed according to the multiple price method, based on the most recently published prices at the relevant times, in accordance with price and time priority rules. Buy and sell orders entered into the exchange system are distributed simultaneously to gold exchange members and international markets through information distribution screens. This generally applies to every country. In the chart above, you can see executed orders along with their live trading volumes. If the market is bullish or buying, the volume figure and bar are blue. If the market is bearish, it's red. Therefore, the figure is constantly changing every second. Because a new buy or sell order is entered from anywhere in the world every second, it's visible on the common platform. Global control of gold is crucial for controlling its price and disciplining economies. The London Bullion Market Association (LBMA) has been successfully doing this since 2015. However, it's important to note that the dominant factor determining the global spot price of gold is the NYMEX market, which is open 24/7 and offers uninterrupted trading. Local opening times for the world's largest gold exchanges are available on our gold exchanges page.

The global gold market, or global spot gold market, is not a centralized exchange where transactions occur. It is operated by banks, gold investors, and institutional investors operating in major global financial centers on a common platform and is broadcast continuously from there. The global gold market chart provides uninterrupted market transaction data via a real-time synchronized link from gold exchanges tracking the rising sun regions. The globally shared live feed begins at 1:00 a.m. on Mondays and Sundays, when the Sydney gold exchange opens, and continues at midnight. Throughout the week, it connects simultaneously to the rising sun exchanges, providing 24/7 coverage of live global gold price trading. It also airs at 1:00 a.m. on Fridays and Saturdays, at midnight on the COMEX and interbank markets in New York, and closes on the weekends. We also broadcast it here thanks to TradingView. This series cycles throughout the week: Sydney → Tokyo → London → New York → Sydney…

Because the price of gold, despite its constant fluctuations, shapes market trends, it's crucial to adjust it to the current market. Stable prices guide investment decisions, which in turn helps predict supply and demand. While most gold purchases are made at the fluctuating spot gold price, larger players in the gold industry, such as banks, miners, and refineries, use the fixed price as a benchmark. A fixed price is highly beneficial for those interested in the bullion market; this guide price is also relevant for investors or everyday customers considering the right time to buy or sell gold.

The price of gold per ounce is certainly manipulated by personal interests, isn't it? Many banks (the major players) are being penalized for this. For example, by looking at the historical gold price and the chart on our "Will Gold Rise?" page, go back one year to the morning of November 25, 2024. From the chart's sharp, angle-free projection, you'll easily see that gold bullion and paper gold prices fell immediately after the US stock market opened. Why did this decline, unprecedented in nearly nine years, occur, and who caused it? Who is responsible? Why did some of those who closed the spot market by buying gold at $2,716 per ounce on Friday evening, November 22, experience paralysis in their homes on Monday morning? What caused the 25 minutes between 8:55 and 9:20 a.m. on Monday, November 25, which resulted in 26,450 sales, a sudden drop of $37 per ounce, and the release of 82 tons of paper gold? If you can see this very recent example in the live chart above, you're ready to invest, but don't forget to support ifaw.org first.