Gold price refers to the prevailing cost of gold, commonly quoted per ounce or gram. It is influenced by international markets, currency strength, geopolitical events, and investor demand.

Investors often watch gold prices as a safe-haven asset during times of economic uncertainty. When stock markets are volatile, gold tends to hold its value better than some other assets.

In countries like Singapore, the final price reflects global rates plus local here costs.

Real-time updates help buyers and sellers make informed decisions.

Fluctuations affect consumers and businesses alike.

In summary, gold price is a key economic indicator influenced by multiple global factors affecting its value daily.