Information About gold bullion spot price chart

Gold Bullion Spot Price Chart

Gold Bullion Spot Price ChartGold bullion spot price chart reflects the current market price of gold on a given day shown in traditional troy ounces and kilos. A troy ounce of gold equals 31.1 grams that many novice gold investors find surprising. A troy ounce measuring system for precious metals is believed to be invented in France in a town of Troyes sometime in the middle ages.

5 Things You Need to Know about Gold Bullion Spot Price

Gold Bullion Spot PricePrecious metals are commodities that are traded on global stock exchanges and their prices are determined twice daily by so called the Gold Fixing representing five major world gold bullion traders. The spot price of precious metals reflects their delivery values on a certain day.