1 kg Gold Price Today (2024): Price, History and Background

Latest 1 kg Gold Price: USD 65,363.75
Last Update: 28 February 2024

This page gives an overview about the 1 kg gold price today in dollars, chart of the last 30 days, history of daily prices, a calculator, gold rates in different countries and more.

What is the 1kg gold price?
The gold rate today for 1 kilogram of gold is USD 65,363.75. A gold bar of 1 kg is known as kilobar.

Check out other gold weights in kilogram: 1kg gold, 5kg gold, 10kg gold, 12.4k gold and 100kg gold; and also the gold price in gram.

1 kg Gold Price Today on 28 February 2024: USD 65,363.75

women thinking about the 1 kg gold price
Women thinking about the 1 kg gold price.

This gold rate is for pure gold, which is 24 karat.

In Western countries only gold bullion bars (and coins) for investment purposes are made with this high purity, which must be of at least 995 for pure gold (24 karat); see also lbma. Even though 1kg gold coins are sometimes cast, such as the Australian Kangoroo gold coin and the Australian Lunar Series, they are rare, have a high premium and therefore not fit for investment purposes.

Gold of 1 kilogram is bought as cast gold bars. A one kg gold bar is called kilobar.

Gold jewelry has a much lower gold purity (most popular are 18k, 14k and 10k).

If you are interested in the price of gold for one kilogram because this is the combined weight of your gold jewelry:

  1. Congratulations.
  2. Group the jewelry by karat (fineness), see hallmark on the jewelry (e.g. 585 which is 14 karat). As jewelry can different purities, which affects the price. That means, weighting all 14k pieces of jewelry, then weighting all 16k pieces of jewelry etc.
  3. Do not use a kitchen scale, as it is not accurate enough for jewelry. Either buy a jewelry scale or bring the gold to a jewelry shop for weighting and appraisal.

1 kg Gold Price: 30-Day-History, Chart and Daily Rates

1 kg gold jewelry.
1 kg gold jewelry.

Here is an overview of the historical development of the daily 1 kg gold price of the last 30 days. Gold prices are set from Monday till Friday (similar to the stock market). Therefore, weekends list the price of Friday.

How did the gold price change over the last 30 days?

  • Over the past 30 days, the gold market went from $65483.19 for 1 kg of gold to $65363.92, which is a change of -0.18%
  • The highest price was $66063.84 for 1 kg of gold, reached on 01. Feb. 2024
  • The lowest price was $63978.54 for 1 kg of gold, observed on 14. Feb. 2024

Chart of the 1 kg gold price of the last 30 days

This chart shows the daily gold price of the last month:

 

Table with the daily 1 kg gold price in USD of the last 30 days

DateGold Price
28. Feb. 2024USD 65,363.92
27. Feb. 2024USD 65,260.71
26. Feb. 2024USD 65,243.35
25. Feb. 2024USD 65,459.08
24. Feb. 2024USD 65,459.08
23. Feb. 2024USD 65,500.56
22. Feb. 2024USD 65,047.55
21. Feb. 2024USD 65,121.50
20. Feb. 2024USD 65,140.79
19. Feb. 2024USD 64,845.97
18. Feb. 2024USD 64,733.44
17. Feb. 2024USD 64,733.44
16. Feb. 2024USD 64,716.40
15. Feb. 2024USD 64,466.59
14. Feb. 2024USD 63,978.54
13. Feb. 2024USD 64,044.45
12. Feb. 2024USD 64,912.52
11. Feb. 2024USD 65,088.38
10. Feb. 2024USD 65,088.38
09. Feb. 2024USD 65,092.24
08. Feb. 2024USD 65,335.94
07. Feb. 2024USD 65,438.51
06. Feb. 2024USD 65,457.47
05. Feb. 2024USD 65,151.08
04. Feb. 2024USD 65,549.10
03. Feb. 2024USD 65,549.10
02. Feb. 2024USD 65,539.14
01. Feb. 2024USD 66,063.84
31. Jan. 2024USD 65,782.20
30. Jan. 2024USD 65,483.19

1 kg Gold Price from 24 Karat down to 8 Karat

The following table gives you the gold price for 1 kg in different purities (karat), which is important if you want to get the value of jewelry:

KaratGold Price
24 karat per 1 kgUSD 65,363.75
22 karat per 1 kgUSD 59,916.77
21 karat per 1 kgUSD 57,193.28
20 karat per 1 kgUSD 54,469.79
18 karat per 1 kgUSD 49,022.81
16 karat per 1 kgUSD 43,575.83
14 karat per 1 kgUSD 38,128.85
12 karat per 1 kgUSD 32,681.88
10 karat per 1 kgUSD 27,234.90
9 karat per 1 kgUSD 24,511.41
8 karat per 1 kgUSD 21,787.92

Gold Price Calculator for 1 kg and More

If you enter kg, the value in pure gold will be calculated.
If you enter dollars, the weight of gold will be calculated.




Formula: Calculating the 1 kg Gold Price

1 kg gold price
1 kg gold price.

The price for gold is quoted in troy ounce, which is around 31.1 gram or 0.0311 kg.

How to get the value for 1 kg of gold?

  1. One kg of gold is divided by 0.0311.
  2. Today’s gold price per ounce is USD 2,033.04.
  3. Then one kilogram of gold is USD 2,033.04 / 0.0311 = USD 65,363.75. Easy.

Current Market Scenario

Check out the video about what influences the gold price:

1 kilogram Gold Price Today

As of 28 February 2024, the 1 kilogram gold price is USD 65,363.75. This price is subject to fluctuations based on various factors such as supply and demand, economic conditions, and geopolitical events.

Factors Influencing the 1 kilo gold price

The price of 1 kilo of gold is influenced by a multitude of factors. These include the international gold market and the overall economic health. Additionally, factors like mining costs, gold production, and changes in jewelry and industrial demand also play a significant role in determining the gold price trends.

Historical Trends in 1kg of Gold

Historically, the price of 1kg of gold has seen both highs and lows. Over the past decade, gold prices have generally been on an upward trend, with occasional dips. This is largely due to increasing demand, geopolitical tensions, and economic uncertainties. Understanding these historical trends can help in making informed predictions about future gold price trends.

Read more in history of gold and gold investment.

What is 1 kg of Gold Worth?

The current price of 1 kg of gold is USD 65,363.75. This value can fluctuate based on various factors, including market demand, geopolitical events, and economic conditions. It’s essential to note that the price of gold can vary depending on the region or country, and it’s always a good idea to check the most up-to-date pricing.

Prices in Different Countries and Currencies

Go to the respective country pages at the top menu for up to date gold prices and more.

Top countries:

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