Silver prices surged to their highest in almost 14 years on Wednesday, aided by worries about U.S. tariff policy, signs of ...

The price of gold traded at $2,318.03 per troy ounce, as of 9 a.m. ET. That’s up 0.50% from yesterday’s gold price per ounce and up 12.18% since the beginning of the year.

Gold settled up nearly 1.7% Friday, and silver rose 0.6%. For the week, gold ended higher, while silver was down.

Due to their large holdings, central banks tend to favor larger bars such as the Good Delivery bars, typically weighing 400 troy ounces," says Bas Kooijman, CEO and assets manager at DHF Capital S.A.

Gold investors predict safe haven metal will break £2,700 as global tensions drive prices to new all-time highs.

Although there are 16 standard ounces in a pound, there are only 14.58 troy ounces in a pound. So, at today's gold price (approximately $2,027.44 per troy ounce), one pound of gold would cost ...