South Africa Gold Price Calculator
Here's a comprehensive table summarizing the key information about gold prices in South Africa:
| Aspect | Details |
|---|---|
| Current Gold Price | 47,378.00 ZAR per troy ounce1 |
| Price per Gram (24K) | 1,550.53 ZAR6 |
| Price Change (1 Day) | Up 1.76% from previous market day1 |
| Price Change (1 Year) | Up 30.28% from one year ago1 |
| Currency | South African Rand (ZAR) |
| Common Weight Units | Gram, Ounce, Kilogram, Tola |
| Purity Levels | 24K, 22K, 18K, 14K, 10K, 9K |
| Price Factors | Global demand, interest rates, currency markets, inflation, geopolitics5 |
| Local Influences | South African economy, mining industry |
| Historical High (Last Year) | 49,200 ZAR per ounce on October 30, 20247 |
| Historical Low (Last Year) | 35,741 ZAR per ounce on November 15, 20237 |
| Popular Gold Product | Krugerrand coins (1 oz, 91.67% pure gold)5 |
| Gold Market Update Frequency | Daily (typically updated multiple times per day) |
| Price Quotation | Usually in ZAR per troy ounce, gram, or kilogram |
This table provides a snapshot of the current gold price situation in South Africa, including recent price changes, historical data, and factors influencing the market. The prices are subject to frequent changes due to market fluctuations.