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

Latest 12.4 kg Gold Price: USD 810,510.55
Last Update: 28 February 2024

This page gives an overview about the 12.4 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.

A 12.4 kg gold bar is better known as a 400 ounce bar, which is the standard size (“good-delivery-bar”) used for gold reserves by central banks.

What is the 12.4kg gold price?
The gold rate today for 12.4 kilogram of gold is USD 810,510.55.

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.

12.4 kg Gold Price Today on 28 February 2024: USD 810,510.55

Women thinking about the 12.4 kg gold price.
Women thinking about the 12.4 kg gold price.

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

The 12.4 kg (400 ounce) gold bar is the standard gold bar weight that is stored in the vaults of central banks and other institutions. Its fineness is at least 995 (99.5% of purity). see also lbma.

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

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

12.4 kg gold jewelry.
12.4 kg gold jewelry.

Here is an overview of the historical development of the daily 12.4 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 $811991.62 for 12.4 kg of gold to $810512.55, which is a change of -0.18%
  • The highest price was $819191.60 for 12.4 kg of gold, reached on 01. Feb. 2024
  • The lowest price was $793333.85 for 12.4 kg of gold, observed on 14. Feb. 2024

Chart of the 12.4 kg gold price of the last 30 days

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

 

Table with the daily 12.4 kg gold price in USD of the last 30 days

DateGold Price
28. Feb. 2024USD 810,512.55
27. Feb. 2024USD 809,232.82
26. Feb. 2024USD 809,017.54
25. Feb. 2024USD 811,692.61
24. Feb. 2024USD 811,692.61
23. Feb. 2024USD 812,206.90
22. Feb. 2024USD 806,589.63
21. Feb. 2024USD 807,506.57
20. Feb. 2024USD 807,745.78
19. Feb. 2024USD 804,089.97
18. Feb. 2024USD 802,694.63
17. Feb. 2024USD 802,694.63
16. Feb. 2024USD 802,483.33
15. Feb. 2024USD 799,385.66
14. Feb. 2024USD 793,333.85
13. Feb. 2024USD 794,151.12
12. Feb. 2024USD 804,915.22
11. Feb. 2024USD 807,095.94
10. Feb. 2024USD 807,095.94
09. Feb. 2024USD 807,143.78
08. Feb. 2024USD 810,165.71
07. Feb. 2024USD 811,437.46
06. Feb. 2024USD 811,672.68
05. Feb. 2024USD 807,873.35
04. Feb. 2024USD 812,808.89
03. Feb. 2024USD 812,808.89
02. Feb. 2024USD 812,685.30
01. Feb. 2024USD 819,191.60
31. Jan. 2024USD 815,699.25
30. Jan. 2024USD 811,991.62

12.4 kg Gold Price from 24 Karat down to 8 Karat

The following table gives you the gold price for 12.4 kg in different purities (karat), which is important if you want to get the value of jewelry:

KaratGold Price
24 karat per 12.4 kgUSD 810,510.55
22 karat per 12.4 kgUSD 742,968.00
21 karat per 12.4 kgUSD 709,196.73
20 karat per 12.4 kgUSD 675,425.46
18 karat per 12.4 kgUSD 607,882.91
16 karat per 12.4 kgUSD 540,340.37
14 karat per 12.4 kgUSD 472,797.82
12 karat per 12.4 kgUSD 405,255.28
10 karat per 12.4 kgUSD 337,712.73
9 karat per 12.4 kgUSD 303,941.46
8 karat per 12.4 kgUSD 270,170.18

Gold Price Calculator for 12.4 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 12.4 kg Gold Price

12.4 kg gold price
12.4 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 12.4 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 12.4 kilogram of gold is USD 2,033.04 / 0.0311 * 12.4 kg = USD 810,510.55. Easy.

Current Market Scenario

Check out the video about what influences the gold price:

12.4 kilogram Gold Price Today

As of 28 February 2024, the 12.4 kilogram gold price is USD 810,510.55. This price is subject to fluctuations based on various factors such as supply and demand, economic conditions, and geopolitical events.

Factors Influencing the 12.4 kilo gold price

The price of 12.4 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 12.4kg of Gold

Historically, the price of 12.4kg 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 12.4 kg of Gold Worth?

The current price of 12.4 kg of gold is USD 810,510.55. 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:

helllo65363.753803883