Gold rate market weekly review – July 30, 2023

Weekly market review

The price of gold was slightly volatile this week; it began trading at $1,964.75 per ounce on July 24 and varied throughout the week until settling at $1,959.35 on July 28. This translates into a slight drop of roughly 0.28% over the past week.

On July 27, when gold hit a high price of $1,975.20 per ounce, the week’s high point was recorded. This represented an important rise of 0.53% over the week’s opening rate. Sadly, this increase was not long-lasting, and by the end of the week, the price had returned to its earlier level of $1,959.35 per ounce.

The gold price fell to its lowest point on July 28 when it reached $1,945.53 per ounce. This reflects a drop of almost 1.50 percent from the weekly high.

Observing the price per gram for different karats, the 24K gold rate peaked on July 26th at $63.40 per gram. 22K gold also reached its highest point on the same day at $58.12 per gram.

21K, 20K, and 18K gold followed the same pattern, reaching their peak on July 26th, priced at $55.48, $52.84, and $47.55 per gram, respectively.

In summary, the past week showcased moderate fluctuations in the gold market, highlighted by brief highs and lows. Even though the overall change was minimal, it provided intriguing prospects for investors. Keeping track of these weekly trends is crucial for strategic long-term investment planning.

Stay connected with SimpleRates.net for our next week’s market analysis, providing the most accurate and up-to-date gold rate movements. We strive to ensure you stay ahead in the gold market.

20 April 2024

Gold rate:
$2,391.82

Gold bar prices

Weight Price, $
1 gram 76.90
2.5 grams 192.25
5 grams 384.49
10 grams 768.99
20 grams 1,537.97
50 grams 3,844.94
100 grams 7,689.87
250 grams 19,224.69
500 grams 38,449.37
1 kilogram 76,898.74

Gold price per gram

Carat Price, $
24 carat 76.90
22 carat 70.49
21 carat 67.29
18 carat 57.67
14 carat 44.86
10 carat 32.04
9 carat 28.84
1 carat 3.21

Gold rate worldwide

Explore the latest gold rates from around the world. Gold is a highly sought-after precious metal with a long history of value and allure. Its price varies on a daily basis, making it essential to stay informed about the current rates. Our platform offers a reliable source for real-time gold price, which is currently set at USD 2,391.82 per ounce. We provide this information for your convenience, ensuring you have access to accurate and real-time gold rate data.

In addition to real-time rates, we offer historical data, charts, and insights to help you track the evolution of the gold market over time. Whether you're an experienced investor or a newcomer to the world of precious metals, our platform has something to offer. Stay connected with us for valuable information and updates on gold rates worldwide, and make well-informed decisions regarding your gold-related interests.

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Discover the latest gold rate today in various countries around the world. Our platform provides a comprehensive resource to help you stay informed about gold prices in different regions. Whether you're interested in the current gold rate in your home country or exploring international markets, we've got you covered. Stay up-to-date with real-time gold prices, historical trends, and valuable insights, all in one place.