500 Gram Gold Price Today (2024): Price, History and Background

Latest 500 Gram Gold Price: USD 32,681.88
Last Update: 28 February 2024

This page gives an overview about the 500 gram gold price today in dollars, daily historical prices, a calculator, gold rates in different countries and more.

What is the price of 500 gram of gold?
The gold rate today for 500 gram of gold is USD 32681.88.

Check out the price for other weights in gram: 1g gold, 2g gold, 5g gold, 10g gold, 20g gold, 37.5g gold, 50g gold, 100g gold, 250g gold, 500g gold and 1,000g gold.

500 Gram Gold Price Today on 28 February 2024: USD 32,681.88

Calculate the price for 500 gram of gold.
Calculate the price for 500 gram of gold.

This gold rate is for pure gold, which is 24 karat, of at least 99.5% of gold, often with 99.9% of gold content (a fineness of 995 or 999).

In Western countries only gold bullion (gold coins and gold bars for investment purposes, with the Krugerrand being the oldest bullion gold coin) are made with this high purity. Some even with a fineness of 999.9 (e.g. Maple Leaf, Philharmonic coin and the Britannia). Gold jewelry has a much lower gold purity (most popular are 18k, 14k and 10k), as pure gold is too soft making it easy to scratch and bend (see gold properties). However, in Asian countries (India, China), also gold jewelry of 24k karat is popular for certain occasions, like weddings (see also gold and culture).

Therefore, the price for 500 gram of gold needs to be converted to the actual purity value of the jewelry.

500 Gram Gold Price: 30-Day-History and Daily Rates

Women thinking about the 500 gram gold price.
Women thinking about the 500 gram gold price.

Here is an overview of the historical development of the daily 500 gram 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 $32741.52 for 500 gram of gold to $32681.88, which is a change of -0.18%
  • The highest price was $33031.84 for 500 gram of gold, reached on 01. Feb. 2024
  • The lowest price was $31989.19 for 500 gram of gold, observed on 14. Feb. 2024

Chart of the 500 gram gold price of the last 30 days

Table with the daily 500 gram gold price in USD of the last 30 days

DateGold Price
28. Feb. 2024USD 32,681.88
27. Feb. 2024USD 32,630.27
26. Feb. 2024USD 32,621.59
25. Feb. 2024USD 32,729.46
24. Feb. 2024USD 32,729.46
23. Feb. 2024USD 32,750.20
22. Feb. 2024USD 32,523.70
21. Feb. 2024USD 32,560.67
20. Feb. 2024USD 32,570.31
19. Feb. 2024USD 32,422.90
18. Feb. 2024USD 32,366.64
17. Feb. 2024USD 32,366.64
16. Feb. 2024USD 32,358.12
15. Feb. 2024USD 32,233.21
14. Feb. 2024USD 31,989.19
13. Feb. 2024USD 32,022.14
12. Feb. 2024USD 32,456.18
11. Feb. 2024USD 32,544.11
10. Feb. 2024USD 32,544.11
09. Feb. 2024USD 32,546.04
08. Feb. 2024USD 32,667.89
07. Feb. 2024USD 32,719.17
06. Feb. 2024USD 32,728.66
05. Feb. 2024USD 32,575.46
04. Feb. 2024USD 32,774.47
03. Feb. 2024USD 32,774.47
02. Feb. 2024USD 32,769.49
01. Feb. 2024USD 33,031.84
31. Jan. 2024USD 32,891.02
30. Jan. 2024USD 32,741.52

500 Gram Gold Price from 24 Karat down to 8 Karat

The following table gives you the gold price for 500 gram in different purities (karat), which is important if you want to get the value of jewelry:

KaratGold Price
24 karat per 500 gramUSD 32,681.88
22 karat per 500 gramUSD 29,958.39
21 karat per 500 gramUSD 28,596.65
20 karat per 500 gramUSD 27,234.90
18 karat per 500 gramUSD 24,511.41
16 karat per 500 gramUSD 21,787.92
14 karat per 500 gramUSD 19,064.43
12 karat per 500 gramUSD 16,340.94
10 karat per 500 gramUSD 13,617.45
9 karat per 500 gramUSD 12,255.71
8 karat per 500 gramUSD 10,893.96

Gold Price Calculator for 500 Gram and More

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

Formula: Calculating the 500 Gram Gold Price

500 gram gold jewelry
500 gram gold jewelry

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

How to get the value for 500 gram of gold?

One gram of gold is divided by 31.1.

Today’s gold price per ounce is USD 2,033.04.

Then one gram is USD 2,033.04 / 31.1 = USD 65.36.

Therefore, 500 gram of gold is USD 65.36 * 500 = USD 32681.88.

Current Market Scenario

Check out the video about what influences the gold price:

500 Gram Gold Price Today

As of 28 February 2024, the 500 gram gold price is USD 32681.88. This price is subject to fluctuations based on various factors such as supply and demand, economic conditions, and geopolitical events.

Factors Influencing the 500 gram gold price

The price of 500 gram 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 500 gram of Gold

Historically, the price of 500 gram 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 500 Gram of Gold Worth?

The current price of 500 gram of gold is USD 32681.88. 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: