About Gold Spot Market
Gold Spot Market is an independent information site run by a small publisher. It is not a dealer, a broker, an exchange or a financial adviser, and it does not sell gold. Its one job is to show the gold spot market price with a clear time stamp, and to explain in plain English what that number is, where it comes from and how it relates to what you would actually pay.
The pages are written and checked by a small editorial team. We do not put a named expert or a set of credentials on the site, because we would rather you judge each page by what it cites than by a title. Every figure that moves carries its source and the time it was fetched, and every fact that does not move is tied to a dated source you can see listed on the page.
Where the numbers come from
No single feed covers everything on this site, so each figure has its own source. Here is each one and what it supplies.
- gold-api.com. The live gold spot price in US dollars per troy ounce, the headline number on every page. The same service supplies the silver spot figure shown in one small tile on the homepage.
- Yahoo Finance. Price history for COMEX gold futures (the front-month contract, quoted as GC). This feeds the intraday, one-month, six-month, one-year and five-year charts, the daily history since 2000, the candlestick view, the record high and the volatility figures. Our page on COMEX gold explains what that contract is.
- U.S. Geological Survey, Data Series 140. Annual gold statistics back to 1900: the yearly unit value, the same value in 1998 dollars, and world mine production. We use the file USGS last updated in 2023, which runs to 2022.
- Shanghai Gold Exchange. The daily gold benchmark in yuan per gram, morning and afternoon, which feeds the Shanghai gold price page and its premium chart.
- European Central Bank reference rates, via Frankfurter. The dollar-yuan exchange rate used to convert the Shanghai benchmark into dollars per ounce, on the same date as the benchmark.
- World Gold Council. The estimate of all gold ever mined and still above ground, and its split by use, which the market-cap page multiplies by spot; and the official holdings data behind the reserves table.
The live figures refresh about every 6 hours. Each block of data carries its own fetch time, so a stamp on the page tells you when that particular number was read. If a source stops answering, the page keeps the last good figure and says "last updated" with its date rather than "live". A stale number with an honest date is more useful to you than a blank.
How the figures are computed
A few of our numbers are calculations rather than quotes, so here is the method for each.
- Distance from the record. The record is the highest daily high of COMEX gold futures in our history, currently $5,586.20 on January 29, 2026. We compare the latest futures price with it, never spot with futures, so the gap (28.5% below today) is like for like. Other publishers quote other records, from spot or from a specific auction, and those numbers differ.
- The long chart. The gold price chart over 50 years joins USGS annual unit values (to 2022) with the yearly averages of COMEX gold futures from 2001. Where both series cover the same year, the worst gap between them is 0.5%, and the build stops if any overlap year drifts further than five percent. USGS figures are annual unit values, not daily quotes, so the early years read slightly differently from the official prices of the time.
- The Shanghai premium. It compares the SGE benchmark, converted to dollars per ounce, with the last US futures close before that benchmark was set. Shanghai fixes during the Beijing morning, which is the previous evening in New York.
- Volatility. The annualized standard deviation of daily returns, over 30 trading days or over a year.
- Per gram and per kilo. Spot divided by 31.1034768, the number of grams in a troy ounce, and multiplied by about 32.15 for a kilo.
- Market cap and reserves at today's price. We take the World Gold Council's tonnes, turn them into troy ounces and price them at live spot. These are estimates and are labelled that way.
Every figure that moves with spot is written into the page itself, so it reads correctly with JavaScript switched off.
Corrections
If a fact is wrong, we fix it on the page and change the updated date at the top. Sourced facts that can change, such as dated events, holdings and partner details, are re-read on a 90-day schedule, and the build refuses to publish a page whose dated sources have gone past their review date. When a source revises its own figure, we print the revised figure and, where it matters, say that it was revised.
Getting in touch
You won't find a form, a phone line, a newsletter sign-up or a mailbox anywhere on these pages. We do not collect your details. Any form you see after pressing a green button belongs to our partner, not to us.
How this site is paid
This site has one commercial partner: Augusta Precious Metals. The green buttons lead to Augusta's request page for a free gold and silver IRA information kit. If a reader who arrives through one of those buttons later becomes an Augusta customer, we may receive an affiliate commission. You pay nothing extra because of it.
That arrangement does not change what we print. The spot price, the charts, the history and the calculations come from the public sources above and would read the same with or without a partner. We do not publish ratings or rankings, and we do not name or compare other dealers as alternatives. On the partner page we print Augusta's own stated minimum, $50,000 as stated by Augusta, and say plainly who it does not suit. Nothing on this site is financial, investment, tax or legal advice.