Live Gold Price in CHF

The global gold price for fine gold is set internationally by the LBMA London (Bullion Market Association). This determination takes place twice daily during an auction at 10:30 a.m. and 3:00 p.m. It is important to know that the price of gold is quoted in US dollars per troy ounce. In order to calculate the gold price in CHF for 1 gram, the current dollar-franc exchange rate and the weight unit must be taken into account (1 gram is approximately 0.0321507 troy ounces). With GOLD AVENUE this conversion takes place automatically.

The cost of 1 gram of gold can vary from provider to provider. While the metal value of fine gold is determined daily in an independent auction, vendors typically charge a percentage markup above that metal value when selling gold. At GOLD AVENUE we offer a wide selection of high quality gold products.

The international metal value of gold is expressed in US dollars per troy ounce, which means that the exchange rate and various weight units must be taken into account when converting. For example, the current price of gold is $2,123.20, and 1 dollar is approximately 0.89 Swiss francs (as of March 5, 2024). Since 1 gram of gold is equal to 0.0321507 troy ounces, the metal value of 1 gram of gold is approximately 61.01 CHF (2,123.20 x 0.89 x 0.0321507).

Yes, the price of gold changes regularly and is determined twice a day at an independent auction by the LBMA ( Bullion Market Association ). Investors should therefore always follow the news and the current gold price.

Gold values ​​are influenced by a variety of factors, including market supply and demand, interest rates, geopolitical uncertainties, inflation expectations and the strength of the US dollar. Due to possible interactions between these factors, it is advisable for investors to follow the current news situation closely.