Live Gold & Silver Prices Today in 119 Countries

Q: What is the current gold price today?

Ans: The current gold price today in United States is $149.32 per gram for 24K gold. Prices are updated hourly and vary by country due to exchange rates, import duties, and local taxes. We provide live gold rates for 119 countries in their local currencies.

Q: How often are gold and silver prices updated on MarketsHost?

Ans: All precious metal prices on MarketsHost are updated every hour (24 times per day) via the Metals.dev API. Our unified cron system fetches real-time data from global commodity exchanges including LBMA (London Bullion Market), COMEX (USA), and MCX (India), ensuring you always see near-real-time market rates.

Q: What is the difference between 24K, 22K, and 18K gold?

Ans: Gold purity is measured in karats (K): 24K gold is 99.9% pure (investment grade, softest), 22K is 91.6% pure (standard for jewelry in India and Asia, balances purity with durability), and 18K is 75% pure (Western jewelry standard, most durable but less valuable). Higher karat = more pure gold = higher price but softer metal.

Q: Which countries does MarketsHost cover for gold prices?

Ans: MarketsHost provides gold prices for 119 countries globally, including major markets like India, USA, UAE, UK, Singapore, Saudi Arabia, Australia, Canada, China, Japan, and across Europe, Asia, Africa, and the Americas. Each country page displays prices in the local currency with 24K, 22K, and 18K purity levels, plus city-wise variations.

Q: How accurate are the gold and silver prices on MarketsHost?

Ans: Our prices are highly accurate and sourced from the Metals.dev API, which aggregates data from official commodity exchanges. Spot market rates are automatically adjusted for country-specific factors including import duties (e.g., India's 15% gold import duty), VAT/GST, and local premiums. Accuracy is maintained through hourly API synchronization, though actual retail prices may vary slightly based on dealer margins.

Q: Why are gold prices different in different cities within the same country?

Ans: Gold prices vary by city due to several factors: local taxes (state VAT/GST rates differ), transportation costs (shipping gold to remote areas), making charges (labor costs vary by region), and local demand/supply (high-demand cities like Mumbai or Dubai may have premiums). Our platform shows city-specific multipliers to reflect these variations accurately.

Q: How does the currency converter work?

Ans: Our currency converter supports 174 currencies with live exchange rates updated hourly from official forex markets. Simply enter an amount, select your source and target currencies, and click "Convert Now" for instant results. Popular pairs include USD/INR, EUR/USD, GBP/USD, AED/INR, and more. Rates reflect real-time interbank exchange rates.

Q: What is the difference between spot price and retail price for gold?

Ans: The spot price is the raw market price for immediate delivery of pure gold (24K) on commodity exchanges like LBMA or COMEX. The retail price (what you pay at a jeweler) includes: spot price + import duties + GST/VAT + making charges (10-25% for jewelry) + dealer margin. MarketsHost displays retail-inclusive prices adjusted for each country's tax structure.

Q: Is silver a good investment compared to gold?

Ans: Silver and gold serve different investment purposes. Gold is a stable store of value, hedge against inflation, and crisis-safe asset. Silver is more volatile but has industrial demand (electronics, solar panels), making it potentially higher-reward but higher-risk. Portfolio diversification often includes both: 70-80% gold for stability, 20-30% silver for growth potential. Silver's price-per-gram is much lower (₹2.45 vs ₹149.32 for gold), making it accessible for smaller investments.

Q: Can I use MarketsHost prices for actual transactions?

Ans: MarketsHost prices are indicative reference rates meant for informational purposes. Actual transaction prices may vary based on: local dealer inventory, negotiation, quantity discounts, payment method (cash vs card), and real-time market fluctuations. Always verify current prices with local jewelers or dealers before making purchases. Our data is accurate for market trend analysis, investment planning, and comparison shopping.