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Understanding the Price of Gold: How the Daily Price Works

July 15, 2026 by
Understanding the Price of Gold: How the Daily Price Works
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A Single Global Price

Gold has an international spot price that fluctuates constantly based on supply and demand, the dollar exchange rate, and the economy. That price is quoted per troy ounce (31.1 grams) and converted to euros per gram or per kilogram.

Premium and Buyback

The price you pay consists of the value of the gold plus a small premium (for manufacturing and trading). When you sell, Goudmunter pays you a fair price based on the current daily rate.

Track the price

On our page showing the current gold price, you'll see live charts by week and by year, so you can choose the right time to buy or sell.

At Goudmunter, you can buy and sell gold and silver with confidence: items are appraised fairly in your presence, payment is made immediately, and you can pick up your items at one of our five locations in Flanders (Ghent, Aalst, Knokke, Roeselare, and Sint-Niklaas).

Buying gold or silver — which is right for you?