Gold rate in Australia is around 55.12 per 1 gm for 24 carat gold on 16 May.
Gold rate in Australia is around 55.12 per 1 gm for 24 carat gold on 16 May. Gold is precious metal and its plays a major role in the world economy. Business investors invests their money in Gold to protect their money. Here is the indicative price of the gold in Australia.
Today today 24 Carat Gold rate of is around 55.12 per 1 gm. The Rate of Gold is determined by its demand in the market.
Today also Gold price in Australia is seeing a rate around AUD$ 55.12 per 1 gm. Gold is very precious gold and its one of the most important item in the commodity market.
Gold is one of the most popular item for investment and around the world businesses are investing in the Gold. China was largest producer of Gold in year 2017.
On 16 May 2018, the gold rate for 24-Carat was around 55.12 /1 gm in Australia.
Gold is the leading indicator of the market in the world.
People and even business are investing in the Gold. Gold is also used for making of Jewellery items.
The currency of Australia is Australian Dollar (AUD) and here is the rate of Gold on 16 May.
|Carat||Gold Price(in AUD$/1 gm)|
* There are indicative price of the Gold.
Gold is precious material which is one of the most valuable item for investment. Investors are investing money in Gold to protect their investment.