Current Gold Prices – July
The current gold prices as reported on July 19, 2009 are at $940.50 USD per ounce. This is from the www.kitco.com and is for gold bullion.
The Monex Precious Metals exchange tracks not only gold bullion but also gold coins that are used by many investors as their gold investment rather than bullion.
For the Gold Euro Philharmonic the current rate is $978.60 USD. This is a legal tender coin first struck in 1989. It is also the only large scale European legal tender gold coin that is issued. The pureness of this coin is rated at 0.9999% or 24 karats. It also has the distinction of being the largest one ounce pure gold coin in the world.
The Gold American Buffalo is currently at $1026.00 USD. This is the first pure 0.9999% or 24 karat gold bullion coin minted by the United States Government. The weight is one troy ounce or 31.1035 grams. The face value is of $50 USD but because of the gold prices, it is worth more today.
The Gold American Eagle is currently at $983.90 USD. There are four different sizes of this coin available. The largest being the one ounce gold coin weighing 1.0909 troy ounces or 33.931 grams. This gold coin is 22 karat gold with a purity of 0.9167%. Silver and copper are also present in this coin.
The Gold Maple Leaf is currently at $978.40 USD. This coin was first released in 1979 and is 0.9999% or 24 karat gold bullion. This coin is available in four different sizes including the one troy ounce with a face value of $50 CAD but because of the gold prices, it is worth more today.
In the last 6 months gold prices have fluctuated from $993.20 USD to $833.70 USD. The trend appears to be upwards since a low of $252.88 USD back in July of 1999. This trend will certainly see the current gold prices rise for the foreseeable future.