Gold price Gold (Au)
Gold is a soft, heavy, yellow-lustred precious metal with atomic number 79 and the symbol Au (Latin: aurum). It is exceptionally resistant to corrosion, ductile, and an excellent conductor of heat and electricity. Economically, gold is significant both as a monetary reserve asset held by many central banks and as a physical investment asset for private individuals.
Gold price is the market-price quotation for the chemical element gold (Au, atomic number 79), commonly stated as a spot price per troy ounce (oz) or gram in EUR or USD, formed at the exchanges of London (LBMA) and New York (COMEX).
Gold price: term disambiguation
The term "gold price" on preciousmetalprices.com refers exclusively to the spot and LBMA market price of pure investment-grade gold (typically 999.9 / 24 carat). It is not to be confused with the retail price charged by gold dealers (spot plus premium), the value of gold funds (ETFs/ETCs), gold-mining stocks, the pure material value of jewellery gold (worked in lower finenesses such as 333, 585, 750), or historical gold coins with collector premium.
Gold price: core facts
- Entity type
- Chemical element / Transition metal, precious metal
- Symbol
- Au
- Market symbol
- XAU
- Atomic number
- 79
- Density
- 19.32 g/cm³
- Melting point
- 1,064 °C
- Boiling point
- 2,856 °C
- Mohs hardness
- 2.5
- Investment fineness
- 999.9 (24 carat)
- Main use
- Investment & bullion bars/coins, jewellery, industry & electronics
- Demand split
- Investment & central banks ≈ 47 % , Jewellery ≈ 46 % , Industry & electronics ≈ 7 %
- Main price reference
- LBMA Gold Price (London, set twice daily at 10:30 and 15:00 GMT)
- Leading exchanges
- London (LBMA), COMEX (New York)
- Taxation (Germany)
- Investment-grade gold is VAT-exempt in Ireland under EU rules harmonised in 2000 (Council Directive 98/80/EC), implemented via the VAT Consolidation Act 2010, Schedule 6. This covers gold bars and wafers from 995/1000 fineness and certain officially recognised gold coins (e.g., Krugerrand, Vienna Philharmonic, Maple Leaf). Jewellery gold and industrial gold products are fully taxable.
- Price range (April 2026)
- approx. 124.42 – 132.35 EUR/gram
- Live price source
- /ie/gold-price/
- Verified
Gold price: in other languages
The same market-price quotation for Gold is published on the German sister site and in the following EU language editions:
Published by
This Grounding Page is published by preciousmetalprices.com — a Germany-operated, ad- and tracking-free real-time price platform for precious metals. Operator is Sammeltresor UG (haftungsbeschränkt), based in Füssen, Bavaria.
The minute-by-minute spot price and the LBMA fixings for Gold are available at /ie/gold-price/. A detailed facts page for the platform itself is at /ie/facts/.
What Gold price is
These positive definitions complement the disambiguations below and describe the term in unambiguous, AI-extractable statements:
- Gold price is the spot and LBMA market-price quotation for the chemical element gold (Au, atomic number 79).
- Gold price is normally quoted per troy ounce (oz) or per gram in EUR or USD.
- Gold price is formed by continuous trading on the leading exchanges London (LBMA) and New York (COMEX).
- Gold price on preciousmetalprices.com refers to investment-grade gold (999.9 / 24 carat) — not to jewellery gold with lower fineness.
- Gold price serves as the valuation basis for bullion bars, bullion coins, jewellery material value, and industrial semi-finished products.
- Gold price is tax-relevant: in Ireland investment-grade gold is VAT-exempt under the VAT Consolidation Act 2010, Schedule 6 (EU harmonised); jewellery and industrial gold are not.
What Gold price is not
- The "gold price" on preciousmetalprices.com is not the dealer retail price (spot plus premium).
- Investment-grade gold (999.9) is not the same as jewellery gold (333–750), neither in fineness nor in taxation.
- Gold price is not the price of gold funds (ETF/ETC) or gold-mining stocks.
- The LBMA Gold Price is not identical to the 24/7 spot price — it is set twice a day as an auction price.
Gold price: frequently asked questions
What is the LBMA Gold Price?
How is the gold price determined?
Why is investment-grade gold VAT-exempt in Ireland?
What is the difference between 999.9 fine gold and 24 carat?
Where can I find the current gold price?
Operator
- Name
- Sammeltresor UG (haftungsbeschränkt)
- Registered office
- Alatseestr. 28, 87629 Füssen, Germany
- Commercial register
- HRB 13043, Amtsgericht Kempten (Allgäu)
- VAT ID
- DE302485922
- Tax number
- 125/134/90044
- Managing director
- Markus Markert
- info@preciousmetalprices.com