Today's Gold Price
XAU 3.06% todayJune 10, 2026 · Base unit: troy ounce
Live Price
What is Gold (XAU)?
Gold (symbol Au, ticker XAU) is the world's most recognised store of value, used as money, jewelry and financial reserve for over 5,000 years. It does not corrode or tarnish — making it uniquely suited as a long-term wealth store.
In global commodity markets, gold is primarily traded on the London Bullion Market Association (LBMA) and COMEX in New York, quoted per troy ounce in USD. In Pakistan and South Asia, gold is traditionally measured in tola (11.6638 grams) and grams.
Gold is considered a safe-haven asset — when stock markets fall, geopolitical tensions rise, or currencies weaken, investors move money into gold, pushing its price higher.
- Symbol XAU
- Base Unit troy ounce
- Today Open $4,256.15
- 24h High $4,257.61
- 24h Low $4,107.03
Key Uses of Gold
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Jewelry & Ornamentation~50% of annual global gold demand
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Central Bank ReservesNations hold gold as sovereign wealth store
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Electronics & TechnologySmartphones, circuit boards, connectors
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Investment & ETFsGold bars, coins, Gold ETF funds
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Medical DevicesImplants, diagnostics and dental
What Factors Affect the Gold Price?
Understanding key price drivers helps investors, traders and industry professionals make informed decisions.
Gold and the USD have an inverse relationship. A weaker dollar makes gold cheaper for foreign buyers, boosting demand and pushing the price up.
Fed rate hikes make bonds more attractive than gold. Rate cuts are historically bullish for gold as they reduce opportunity cost of holding it.
Wars, sanctions and financial crises drive investors to gold as a safe haven. Major geopolitical events consistently cause gold price spikes.
Gold is a traditional inflation hedge. Negative real rates — rates minus inflation — are the most historically bullish environment for gold.
China, India, Turkey and Poland have been aggressively accumulating gold reserves since 2022, adding structural price support.
Gold ETF inflows are a key leading indicator. When institutional investors buy gold ETFs, prices typically rise in response.
Gold Unit Conversion Guide
| From | To | Factor |
|---|---|---|
| 1 Troy Ounce | Gram (g) | × 31.1035 |
| 1 Troy Ounce | Tola | × 2.66667 |
| 1 Troy Ounce | Kilogram (kg) | ÷ 32.1507 |
| 1 Tola | Gram (g) | × 11.6638 |
| 1 Gram | Troy Ounce | ÷ 31.1035 |
| 1 Kg | Troy Ounce | × 32.1507 |
Frequently Asked Questions — Gold Price
24K is 99.9% pure (the spot price shown here). 22K is 91.7% pure — most common in Pakistan jewelry. 18K is 75% pure. Multiply the 24K rate by the purity fraction to estimate equivalent jewelry metal cost. Jewelry prices also include making charges.
Key drivers include: central bank gold accumulation (China, India, Turkey), ongoing geopolitical tensions, expectations of US Federal Reserve rate cuts, a weakening dollar, and elevated inflation in emerging markets. These structural factors have kept gold above historical average price levels.
International gold is priced in USD per troy ounce. Pakistan's local rate is converted using USD/PKR, then expressed per tola or gram. Local rates also include customs duty, sales tax, and dealer margins — which is why local prices are slightly higher than the pure mathematical conversion.
This is not financial advice. Gold has historically served as an inflation hedge and portfolio diversifier. However, it generates no yield and can underperform when interest rates are high. Consult a licensed financial advisor before making any investment decisions.
Disclaimer
Gold prices are indicative only, updated daily and may be delayed 15–20 minutes.For informational purposes only. Not financial advice. Always verify with your broker or exchange.
