📚 Frequently Asked Questions

Find answers to common questions about gold prices, precious metals, and investments

21 questions answered

💰 General Questions
What is the gold rate today? POPULAR

The gold rate today refers to the current market price of gold for a specific purity (such as 24K or 22K) and unit (per gram or per ounce). It changes frequently based on international markets, currency fluctuations, and local demand.

Why does the gold price change every day? POPULAR

Gold prices change due to fluctuations in global demand, central bank policies, inflation, currency strength (especially USD), and geopolitical events. When uncertainty rises, investors often buy gold, pushing prices higher.

What is the difference between 24-carat and 22-carat gold? POPULAR

24-carat gold is pure gold (99.9%), while 22-carat contains about 91.6% gold mixed with small amounts of other metals for durability. Jewelry is usually made from 22K gold, while 24K is used for investment bars and coins.

📊 Measurements & Units
What is the gold price per gram?

It is the current market value of 1 gram of gold. This unit is commonly used in countries like India, UAE, and Pakistan for daily gold rate updates.

How many grams are there in one ounce of gold? POPULAR

One troy ounce equals 31.1035 grams. International gold markets usually quote prices per troy ounce in USD.

What affects the gold price per gram?

The per-gram rate depends on the international price of gold (XAU/USD), currency exchange rate, local taxes, import duties, and making charges (for jewelry).

🌍 Geography & Currency
Why is the gold rate different in each country?

Local gold prices depend on import duties, VAT, transportation costs, and currency exchange rates. For example, gold in India may cost more than in Dubai due to higher import taxes.

Which country has the lowest gold rate?

Typically, countries with minimal import duties and strong local bullion markets (like the UAE and Singapore) have slightly lower gold prices than others.

What is XAU/USD? POPULAR

XAU is the international code for one troy ounce of gold. XAU/USD means the price of gold in U.S. dollars — the global benchmark for trading and investment.

🕐 Trading & Updates
Is the gold rate updated in real time? POPULAR

Yes. Gold rates on our website update automatically based on live market data from trusted sources (like Metals-API or LBMA), with minimal delay.

At what time does the gold market open and close?

Gold trading happens 24 hours a day, Monday to Friday, across different global exchanges — mainly in London, New York, and Hong Kong. The price moves continuously as markets overlap.

Can I get gold rate alerts?

Yes, you can subscribe to price alerts via email or Telegram to get instant updates when gold crosses your target price.

📈 History & Forecasts
Where can I see the gold price history?

You can view daily, monthly, and yearly gold price charts on our Gold Price History page, with data from trusted sources like LBMA.

What was the highest gold price ever? POPULAR

Gold reached an all-time high above $2,400 per ounce in 2024, driven by inflation fears and global market uncertainty.

Will gold prices go up in 2025?

While no one can predict precisely, analysts expect gold to remain strong if inflation stays high and interest rates fall.

🛒 Buying & Investment
Is it a good time to buy gold now? POPULAR

If you're buying for long-term investment or jewelry, any market dip is a good entry point. Monitor daily rates and compare across dealers.

Should I buy physical gold or invest in ETFs? POPULAR

Physical gold (coins, bars) suits those who want direct ownership. ETFs (like SPDR Gold Shares) are better for easy trading and liquidity.

How is the gold selling price calculated?

Jewelry shops add making charges and local taxes to the base gold rate per gram. For selling, they may deduct a small margin for purity testing.

Technical & Practical
Where do you get your gold rate data from?

All live gold rates on GoldNP.com are sourced from Metals-API, which provides real-time market prices referenced to international exchanges.

How often is the data refreshed?

Rates are updated every 60 seconds on average to reflect global price changes.

Can I use your gold rate API?

Yes. Developers can access our GoldNP JSON API endpoint for gold, silver, and other precious metals for custom integrations.

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