Gold Price : February 13, 2024
Today, February 13, 2024, the price of gold stands at $2027 per ounce, reflecting its continued significance as a valuable commodity in the global market. This price serves as a benchmark for investors and traders alike, influencing decisions across various sectors.
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| Gold Price Today : February 13, 2024 |
In this article, we will explore :
- Cost of Gold Today
Calculating Gold's Value: Gram and Kilogram
- Daily Price Fluctuations: Highs and Lows
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) | $2,029.69 |
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
Calculating Gold's Value: Gram and Kilogram
To better understand the value of gold, it's essential to break down its price into smaller units. At $2027 per ounce, the price per gram can be calculated by dividing the price per ounce by the number of grams in an ounce, which is approximately 31.1035 grams. Thus, the price per gram of gold today is approximately $65.16.
Similarly, to determine the price per kilogram, we multiply the price per gram by 1000 (since there are 1000 grams in a kilogram). Therefore, the price per kilogram of gold today would be approximately $65,160.
Daily Price Fluctuations: Highs and Lows
Throughout the trading day, the price of gold fluctuates, influenced by a myriad of factors such as economic data releases, geopolitical events, and market sentiment. Today, the highest recorded price for gold reached $2035 per ounce, signifying moments of heightened demand or market volatility. Conversely, the lowest price observed was $2019 per ounce, reflecting periods of relative stability or decreased demand.
In conclusion, the price of gold today, February 13, 2024, reflects its enduring status as a valuable asset in the global economy. By understanding its value per gram and per kilogram, as well as monitoring daily price fluctuations, investors can navigate the complexities of the gold market and capitalize on opportunities for growth and diversification in their portfolios.
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