Gold Price Calculator
Calculate gold price per troy ounce in USD, INR, EUR and more.
Conversion Result
1 🥇 XAU =
$1,915.71
US Dollar
1 XAU in Other Currencies
1 XAU Exchange Rates
| Currency | Rate |
|---|---|
| 🥈 XAG – Silver (Troy Oz) | Ag83.3333 |
| 🇺🇸 USD – US Dollar | $1,915.71 |
| 🇪🇺 EUR – Euro | €1,762.45 |
| 🇮🇳 INR – Indian Rupee | ₹159,961.69 |
| 🇬🇧 GBP – British Pound | £1,513.41 |
| 🇯🇵 JPY – Japanese Yen | ¥286,398.47 |
| 🇦🇺 AUD – Australian Dollar | A$2,931.03 |
* Rates are indicative and for informational purposes only. Not financial advice.
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What is Gold Price Calculator?
The Gold Price Calculator converts the international gold price (XAU, quoted per troy ounce) to any fiat currency. Gold has been used as a store of value for thousands of years and remains one of the most important financial assets, held by central banks, investors, and individuals worldwide. India is one of the world's largest gold consumers, with gold deeply embedded in cultural and religious traditions.
How to Use This Calculator
Select XAU as the source currency and any fiat currency as target. Enter the number of troy ounces. The converter shows the current value. To convert grams to troy ounces, divide grams by 31.1035.
Benefits of Using This Calculator
- Live gold price in USD, INR, EUR, GBP and more
- Useful for jewelry business and gold trading
- Essential for calculating sovereign gold bond returns
- Helps compare Indian gold prices with international rates
Practical Tips
- 1 troy ounce = 31.1035 grams. Divide gram weight by 31.1 to get troy ounces.
- Indian gold includes 15% import duty + 3% GST making it 18% more expensive than international price.
- Sovereign Gold Bonds (SGBs) in India offer 2.5% annual interest plus gold price returns — better than physical gold.
Key Takeaways
- 1Gold is priced per troy ounce (31.1 grams) internationally.
- 2Indian gold is 15-20% more expensive than international price due to import duties.
- 3Gold is considered a safe haven asset and inflation hedge.
Frequently Asked Questions
A troy ounce (abbreviated oz t or ozt) is the standard unit for precious metals, equal to 31.1035 grams. International gold prices are quoted per troy ounce. Note: a regular ("avoirdupois") ounce is 28.35 grams — slightly lighter than a troy ounce. So if gold is at $2,000/troy oz, that's $64.3 per gram (2000/31.1035).
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