1 Ounce Gold Price Today
Current price for the 1 troy ounce gold bar, the internationally recognized standard unit for gold pricing and trading. .999 fine gold, sourced from LBMA approved refiners, with a certificate of authenticity confirming weight, purity, and refiner.
Why the Troy Ounce Is the Standard
Every spot price quote, market chart, and dealer listing for gold worldwide is denominated in troy ounces, not grams. When someone references the gold price without specifying a unit, they mean the price per troy ounce. Buying the 1 ounce bar directly is the simplest way to hold a size that maps one-to-one onto the number you see quoted in gold price coverage, without doing a gram conversion.
It is also the most commonly resold and most liquid bar size in the secondary market, since dealers and buyers alike are most familiar pricing and verifying this exact weight.
1 Ounce Compared to Neighboring Sizes
| Size | Price | Price per Gram |
|---|---|---|
| 20 gram | $2,831.00 | $141.55 |
| 1 troy ounce (31.1 g) | $4,349.00 | $139.82 |
| 50 gram | $6,959.00 | $139.18 |
Prices reflect current listing price and are subject to change. Confirm exact pricing on the product page before purchase.
Frequently Asked Questions
Why is 1 ounce the standard unit for gold pricing?
Gold has been priced in troy ounces on international markets, principally COMEX and the London Bullion Market, for the entire modern history of gold trading, making it the default unit for spot price quotes everywhere.
Is a 1 ounce bar easier to resell than gram sizes?
It is generally the most familiar size to dealers and buyers, which can make verification and resale more straightforward compared to less common weights.
What purity is the 1 ounce gold bar?
.999 fine gold, sourced from an LBMA approved refiner, with a certificate of authenticity confirming weight, purity, and refiner.
