Gold Price Today
Real-time XAU/USD spot price — updated every hour. Gold in USD, AED, VND, and IDR.
What Drives the Gold Price?
Gold (XAU/USD) is the world's most actively traded precious metal, with over $130 billion in daily turnover. The price is quoted in US Dollars per troy ounce and trades 24 hours a day, 5 days a week, across London, New York, Zurich, Hong Kong, and Dubai.
Key Price Drivers
- US Dollar strength: Gold has an inverse relationship with the USD — a stronger dollar makes gold more expensive for non-US buyers, suppressing demand.
- Real interest rates: When real yields (inflation-adjusted) are low or negative, gold becomes more attractive as a store of value. Fed rate decisions are the biggest single catalyst.
- Central bank buying: Emerging market central banks (China, India, Turkey, UAE) have been net buyers of gold since 2010. Demand surges during geopolitical stress.
- Inflation expectations: Gold is a classic inflation hedge. Rising CPI prints often push gold higher.
- Geopolitical risk: Wars, sanctions, and financial crises drive safe-haven flows into gold. The Russia-Ukraine and Middle East conflicts directly boosted gold demand in 2022–2024.
- ETF flows: Institutional gold ETFs (GLD, IAU) aggregate millions of retail investors. Large ETF inflows are a bullish signal.
Gold Price in UAE (AED) — Why It Matters
The UAE is one of the world's largest gold trading hubs, with Dubai's Gold Souk processing hundreds of tonnes annually. Gold is deeply embedded in UAE culture for jewelry, investment, and as a store of wealth across the GCC region.
The UAE Dirham (AED) is pegged to the USD at 3.6725, so the gold price in AED moves almost perfectly with XAU/USD. UAE residents and investors across Saudi Arabia, Kuwait, Qatar, Oman, and Bahrain all track the AED gold price as their primary reference.
Formula: Gold price in AED = XAU/USD × 3.6725 (per troy ounce)
Gold in Vietnam (VND)
Vietnam has one of the highest per-capita gold consumption rates in Southeast Asia. The State Bank of Vietnam tightly controls the SJC gold bar market, often creating a significant premium over international spot prices — sometimes $500–$1,000 per tael (37.5g).
Vietnamese investors track XAU/USD closely since SJC prices are ultimately anchored to international spot. The VND gold price shown on this page reflects the spot equivalent, not the SJC premium price.
How to Trade Gold (XAU/USD)
Retail traders access gold through forex brokers as the XAU/USD currency pair. Unlike physical gold, CFD trading allows you to go long (buy) or short (sell), trade with leverage, and enter/exit positions instantly without storage concerns.
Key Trading Facts
- Trading hours: Sunday 22:00 UTC to Friday 21:00 UTC (24/5)
- Standard lot: 100 troy ounces. A $1 move in gold = $100 P&L per lot.
- Micro lot: 0.01 lots = 1 troy ounce. Accessible for small accounts.
- Typical spread: 0.3–0.6 pips ($/oz) with premium brokers during London/NY overlap.
- Key volatility events: US CPI (monthly), Fed meetings (8x/year), NFP reports (monthly), geopolitical news.
Trade XAU/USD with Exness
Exness offers gold trading with spreads from 0.3 pips, unlimited leverage on XAU/USD, and instant withdrawals. Available to traders in UAE, Vietnam, Indonesia, and 170+ countries.
Open Free Account →Risk warning: CFDs are complex instruments. 71% of retail investors lose money. Trade carefully.
Gold Price History — Key Levels
| Event / Date | Gold Price (USD/oz) | Key Catalyst |
|---|---|---|
| All-Time High (May 2024) | $2,449 | Fed rate cut expectations + geopolitical risk |
| Post-COVID Peak (Aug 2020) | $2,075 | Massive QE, negative real rates |
| 2022 Russia-Ukraine High | $2,043 | Safe-haven demand surge |
| 2013 Crash Low | $1,179 | Fed taper tantrum |
| 2011 High (debt crisis) | $1,920 | US debt ceiling + Europe crisis |
| 2008 Pre-crisis | $1,023 | First $1,000 breach |
| 2001 Low | $252 | Pre-commodity supercycle |