Tracking the daily price of 24K gold per gram in the United States offers valuable insights for investors, jewelers, and anyone interested in precious metals. This article explores the current price trends, historical data, and comparative analysis of 24K gold prices in the U.S.
Gold Price in United States per Gram 24K = 83.09 USD
Knowing the current price of 24K gold per gram is essential for making informed decisions in the gold market. Below, you’ll find a comprehensive table showing the 24K gold prices in the U.S. over the past 30 days. This table is updated as of 17/09/2024. Detailed information about price fluctuations is provided, which is crucial for identifying trends and predicting future movements. Therefore, the table helps you stay informed about the latest market changes.
| Date | Price (USD) | Change |
|---|---|---|
| 17/09/2024 | 83.09 | 0.00 |
| 16/09/2024 | 83.09 | +2.10 |
| 13/09/2024 | 80.99 | 0.00 |
| 12/09/2024 | 80.99 | 0.00 |
| 11/09/2024 | 80.99 | +0.40 |
| 10/09/2024 | 80.59 | 0.00 |
| 09/09/2024 | 80.59 | 0.00 |
| 06/09/2024 | 80.59 | 0.00 |
| 05/09/2024 | 80.59 | 0.00 |
| 04/09/2024 | 80.59 | -0.40 |
| 03/09/2024 | 80.99 | 0.00 |
| 02/09/2024 | 80.99 | 0.00 |
| 30/08/2024 | 80.99 | 0.00 |
| 29/08/2024 | 80.99 | 0.00 |
| 28/08/2024 | 80.99 | +0.20 |
| 27/08/2024 | 80.79 | 0.00 |
| 26/08/2024 | 80.79 | +0.20 |
| 23/08/2024 | 80.59 | 0.00 |
| 22/08/2024 | 80.59 | 0.00 |
| 21/08/2024 | 80.59 | 0.00 |
| 20/08/2024 | 80.59 | 0.00 |
| 19/08/2024 | 80.59 | +1.97 |
| 16/08/2024 | 78.62 | -0.58 |
| 15/08/2024 | 79.20 | +1.16 |
| 14/08/2024 | 78.04 | 0.00 |
| 13/08/2024 | 78.04 | 0.00 |
| 12/08/2024 | 78.04 | +0.37 |
| 09/08/2024 | 77.67 | 0.00 |
| 08/08/2024 | 77.67 | +0.19 |
| 07/08/2024 | 77.48 | -1.14 |
Gold Price Chart for 24K Gold in the United States in USD
Gold Price in United States per Gram 24K – Visualizing 24K gold price trends offers a clearer view of market movements. The chart below illustrates daily price changes, making it easier to spot trends and anomalies. Analyzing this chart provides valuable insights for both short-term traders and long-term investors. Consequently, it helps in understanding the overall market sentiment.
Comparison of 24K Gold Prices with 12K and 21K Gold Prices
Comparing prices across different gold karats helps investors and buyers understand value differences. In this section, we compare 24K gold prices with those of 12K and 21K gold. The table below offers a comparative analysis of 24K gold prices against 12K and 21K gold prices over the past 30 days, updated as of 17/09/2024. All prices are listed in USD for easy reference.
| Date | Gram12K | Gram21K |
|---|---|---|
| 17/09/2024 | 41.54 | 72.69 |
| 16/09/2024 | 41.54 | 72.69 |
| 13/09/2024 | 40.50 | 70.85 |
| 12/09/2024 | 40.50 | 70.85 |
| 11/09/2024 | 40.50 | 70.85 |
| 10/09/2024 | 40.29 | 70.50 |
| 09/09/2024 | 40.29 | 70.50 |
| 06/09/2024 | 40.29 | 70.50 |
| 05/09/2024 | 40.29 | 70.50 |
| 04/09/2024 | 40.29 | 70.50 |
| 03/09/2024 | 40.50 | 70.85 |
| 02/09/2024 | 40.50 | 70.85 |
| 30/08/2024 | 40.50 | 70.85 |
| 29/08/2024 | 40.50 | 70.85 |
| 28/08/2024 | 40.50 | 70.85 |
Impact of Economic Indicators on 24K Gold Prices
Economic indicators play a crucial role in shaping the financial landscape, including the precious metals market. For 24K gold, these indicators can significantly influence its price. Understanding how these economic factors affect gold prices can provide investors and market participants with valuable insights into market trends and investment opportunities.
Economic Indicators Affecting 24K Gold Prices
GoldPlush.Com – Several key economic indicators impact the price of 24K gold. These include inflation rates, interest rates, GDP growth, and employment data. Each of these factors can lead to fluctuations in gold prices by influencing investor behavior and market dynamics.
1. Inflation Rates
Inflation is one of the most influential factors affecting gold prices. Gold is often seen as a hedge against inflation. When inflation rates rise, the purchasing power of currency decreases, leading investors to seek out gold as a store of value. Consequently, higher inflation typically drives up the demand for gold, pushing its price higher.
2. Interest Rates
Interest rates have a direct impact on gold prices. When central banks raise interest rates, the opportunity cost of holding non-yielding assets like gold increases. This can lead to a decrease in gold demand as investors shift their money into interest-bearing assets. Conversely, lower interest rates make gold more attractive since the opportunity cost is reduced, often leading to higher gold prices.
3. Gross Domestic Product (GDP) Growth
GDP growth reflects the overall health of an economy. Strong economic growth often leads to higher consumer spending and investment, which can reduce the demand for safe-haven assets like gold. Conversely, during periods of economic downturn or slow GDP growth, gold is seen as a safe investment, leading to an increase in its price.
4. Employment Data
Employment figures, including job growth and unemployment rates, can influence gold prices. Strong employment data usually indicates a robust economy, which might reduce the appeal of gold as a safe haven. On the other hand, weak employment data can signal economic troubles, increasing gold’s attractiveness as a protective asset.
Impact of Economic Policies
Economic policies and geopolitical events also play a role in shaping gold prices. For instance, trade policies, fiscal measures, and political instability can affect investor confidence and market stability. When uncertainty rises, gold often benefits from its status as a safe-haven asset, leading to price increases.
Analyzing Economic Indicators
To effectively analyze the impact of economic indicators on gold prices, investors should monitor economic reports and central bank announcements. Understanding the interplay between these indicators and gold market dynamics can provide valuable insights into potential price movements and investment strategies.
Conclusion
Monitoring the daily price of 24K gold per gram in the United States is crucial for anyone involved in the gold market. The data provided highlights recent price trends and fluctuations, offering a valuable resource for investors and jewelers. Understanding these trends allows for better decision-making and helps predict future price movements.
Furthermore, the comparative analysis of 24K, 12K, and 21K gold prices enhances our understanding of the market. Evaluating value differences across various karats helps buyers and investors make strategic choices. Staying updated with the latest trends and comparative data ensures that you remain well-informed and prepared to navigate the complexities of the gold market.