GoldenHouse

Gold price development

Gold price as of today

Weight EUR USD CZK
1 troy ounce 3,782.52 4,374.04 91,574.81
1 gram 121.61 140.63 2,944.20

Gold has preserved its value for thousands of years, and its worth does not depend on the creditworthiness of whoever holds it. Unlike shares, gold has historically performed well during periods of financial turbulence, making it a suitable instrument for investors to diversify a portfolio and a source of liquidity. Gold is a fully liquid commodity, with billions of dollars traded every day. Since 1971 the returns on gold have been similar to those of equities and have outperformed bonds. Over the past decades gold has beaten most major asset classes, and global investment demand for gold has grown steadily. Gold has historically retained its value thanks to its dual nature — it is regarded both as a consumer good and as an investment. Over the long term the rise in the gold price clearly outpaces inflation in both the eurozone and the USA.