Gold Price Today and Monthly Trends - February 2024
 |
| Gold price today |
Cost of Gold Today
| Live Gold Price | Gold Spot Price Today |
|---|---|
| Gold Price per Gram | $65.26 |
| Gold Price per Kilo | $65,256 |
| Gold Price per Ounce(28.34 g) | $2,031.69 |
Gold Price Today : Convert Gold Ounce to US Dollar Or vice versa
Gold price chart in U.S. Dollar per ounce, Live gold price chart
Current Gold Price:
As of today, the price of gold stands at $2031 per ounce, reflecting the ongoing dynamics of the precious metal market. Breaking down this value into smaller units, one gram of gold is approximately $65.36, and one kilogram is valued at around $65,360.
- Daily Gold Price Range:
- Highest Gold Price Today: $2055
- Lowest Gold Price Today: $2030
The daily price range provides insights into the fluctuating nature of the gold market, indicating potential opportunities for traders and investors.
Monthly Price Trends:
- Highest Gold Monthly Price: $2079
- Lowest Gold Monthly Price: $2004
Examining the monthly trends reveals the broader picture of gold price movements. The highest price for the month reached $2079, while the lowest recorded was $2004. These extremes highlight the volatility and potential for both upward and downward movements in the market.
Gold price Analysis:
Today's gold price of $2031 aligns with the current range observed in February. The market reached its highest point at $2055 and its lowest at $2030. This range reflects the daily price dynamics and can be valuable information for traders seeking short-term opportunities.
Monthly Trends:
Looking at the monthly trends, the highest point of $2079 signifies potential bullish sentiment, while the lowest point of $2004 suggests bearish pressure. Traders should consider these extremes when formulating strategies, recognizing the importance of risk management in response to market volatility.
Conclusion:
Gold remains a dynamic asset, influenced by various factors such as economic indicators, geopolitical events, and investor sentiment. The daily and monthly price ranges provide valuable insights for traders and investors to make informed decisions based on current market conditions.
As always, individuals involved in the gold market are advised to stay updated on global economic developments and factors influencing precious metals. It's essential to approach trading and investing with a comprehensive understanding of risk management to navigate the inherent volatility of the gold market successfully.
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