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Methodology

Pricing Methodology

How we compute the live gold price shown across the site — from XAU/USD to your local currency.

We derive every displayed price from three independent inputs.

1. Spot price The international spot price of gold (XAU/USD) is collected from health-ranked providers. Failed providers are demoted automatically until they recover.

2. Foreign exchange FX rates are collected from independent providers. We use USD-based exchange rates and apply the current validated rate for the selected currency.

3. Local price Local values are computed inside the application:

  • Convert USD-per-troy-ounce into per-gram
  • Multiply by the standardized purity factor (24K = 0.9999, 22K = 0.9167, 21K = 0.8750, 18K = 0.7500, 14K = 0.5833, 10K = 0.4167)
  • Multiply by the target weight (gram, tola, ounce, kilogram, baht…)
  • Convert into the local currency at the current FX rate

Every figure is a pure spot-derived value. Local retail prices in shops include dealer premium, VAT/GST and — for jewellery — making charges on top of this base.