Editor’s Note
This article explains the fundamental drivers of gold pricing, focusing on supply-demand dynamics and standard market measurements. The analysis provides current valuations per troy ounce and smaller gram-based units for practical reference.
The gold price is primarily determined by supply and demand: when demand rises with limited supply, the price typically increases as well.
Usually, the gold price is quoted per troy ounce – which corresponds to approximately 31.1 grams. In our overview, you will also find the current prices for one, ten, and one hundred grams of gold.
This is the current gold price in Euro:
- Weight: 1 Gram | Price: 136.31 Euro
- Weight: 10 Grams | Price: 1386.78 Euro
- Weight: 100 Grams | Price: 13,744.20 Euro
- Weight: 1 Ounce | Price: 4239.65 Euro
Source: Gold.de (Data as of: February 11, 2026, 09:42)
The gold price has risen by 0.34 percent compared to the previous day and is currently quoted at around 4239 Euro per ounce. Thus, the precious metal continues to trade at a high level. In 2025, gold recorded a value increase of 47.49 percent. The positive trend is also evident at the start of the year with a gain of around 14.77 percent (Source: Gold.de).
Important to know: The gold price changes several times a day. Furthermore, the quoted gold price is the so-called spot price (current market price). Those who wish to buy physical gold – i.e., gold coins or gold bars – must expect premiums, for example for minting or the dealer margin. The exact price varies depending on the provider. Investors should always familiarize themselves with the current development before buying or selling.
The gold price is currently showing remarkable growth and is at a very high level. On January 28, the gold price reached a new closing price record of 4533.21 Euro. During the day’s trading, it is below that at 4239 Euro per ounce. Important: This is a value from the current intraday price; the closing price may differ.
Whether the gold price will fall or rise again this year cannot be answered in general terms. There are several forecasts. Most analysts rather expect a rising gold price.
The gold price has already reached new highs in 2026.
A variety of factors influence the gold price. Among the most important are monetary policy decisions regarding interest rates or inflation by major central banks such as the US Federal Reserve (Fed) or the European Central Bank (ECB).
Rising interest rates make interest-bearing investments more attractive. This puts pressure on the gold price. Conversely, a low-interest environment and high inflation strengthen gold’s position as a store of value. This causes the price to rise. Geopolitical tensions, wars, or economic uncertainty also often lead to higher demand and thus a rising gold price.
Gold does not yield ongoing interest, therefore its long-term value development cannot be compared with stocks or ETFs. Nevertheless, someone who bought an ounce of gold for around 334 Euro at the beginning of 1990 is now in profit. The gold price is currently around 4239 Euro per ounce.
Furthermore, the precious metal is considered value-stable and crisis-proof. Many people use it to secure their wealth against difficult times. Additionally, there is no so-called counterparty risk. Gold cannot completely lose its value. Those who hold their gold for longer than twelve months also do not have to pay taxes when selling it.
The gold price is currently fluctuating only slightly.
