Rising prices led the value of a gold bar to new heights. Gold bars weighing 400 troy ounces are now valued at $1 million after the price of the precious metal hit $2,500 an ounce.

The price of gold traded at $2,578.14 per troy ounce, as of 9 a.m. ET. That’s down 0.20% from yesterday’s gold price per ounce and up 24.77% since the beginning of the year.

For example, if you’d invested $1,000 in gold three years ago, you’d now have nearly $1,904. That translates into a 90.4 percent total return and a 23.9 percent average annual return. Over the 10-year ...

The gold spot price is used globally when the precious metal is traded. Constantly in a state of flux, the gold price is driven by diverse factors, from safe-haven demand to futures market ...

How much is gold per ounce? The price of gold traded at $2,744.74 per troy ounce, as of 9 a.m. ET. That’s down 0.07% from yesterday’s gold price per ounce and up 32.83% since the beginning of ...

The price of gold is at record levels, with spot gold prices having eclipsed the $2,500-per-ounce mark at the end of last week. As of midday Tuesday, prices were near or above $2,550 per ounce.

Gold bars are typically 99.99% pure gold and can be purchased near the gold spot price. With a lower premium than gold coins, you can stretch your dollars further and buy more gold in weight than ...

For example, the "we buy gold" shops usually buy gold jewelry for 30% to 50% below its spot value. They offer considerably less because they need to refine the piece, and of course, profit.

The gold spot price (per ounce) is determined by market demand, but the value will diminish if you have gold bullion that is not 100% pure.

But if you already have your Costco gold bars, the tough thing now is deciding what to do given the record-breaking bull run of the precious metal. That question weighs heavily on Angel Groff, a ...