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the market conditions...meaning, the amount somebody or something is willing to pay for it. this prices changes due to many factors.

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Q: What or who decides what gold is worth for the day?
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Related questions

What is gold worth?

It varies a lot from time to time. In fact, gold prices can shift from day to day.


Is melted gold worth more than solid gold?

No. Melted or solid, it's still the same weight and purity, which is what decides the value. Melted would only be worth a tiny bit more to someone who is waiting to cast it into moulds.


Who decides the gold price?

Demand and supply of gold in market.


Who decides the gold rate in INDIA?

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How much is an ounce of rose gold worth?

Rose gold is usually 75% gold and 25% copper. So it has the same gold content as 18k gold and is therefore worth 75% of the value of the current day's spot price of gold.


Who decides what money is worth?

the president?


What is the value of a RMs Queen Elizabeth launch day coin?

The value of the RMS Queen Elizabeth coin depends on what the coin is made of. Obviously a coin made of Silver or Gold would be woth more than one made of Bronze.However, at the end of the day the coin will be worth what a collector decides to pay for it.


How much is 9 g of 14 k gold worth?

It all depends on how much gold is worth that day. Gold usually changes it worth everyday.9gr today would probably get u around 17 dollars per gram look on google they will give you sites that have gold calculators.


How much is 100 gold certificate worth?

The same price as 100 grams of pure gold so the answer fluctuates as the price of gold goes up or down day to day and has no real set monetary value


How much is 3 oz gold flake worth?

Depends on price of gold on the day. Today June 8, 2009 its $951 an ounce.


How much worth 21 karat gold in US?

formula for calculating worth worth = GP/24*k*w keys GP= present gold price in OZ/gm get it from here http://goldprice.org/gold-price.html K= karats of your gold jewelry W= weight of your jewelry in OZ/gm ----------------------------------- As price changes every day , worth will also change. So calculate it by yourself.


What is the price of gold in North American today?

The price of gold fluctuates constantly and can change drastically from day to day. It is sold per ounce, and at this very moment is worth 1,564 USD/oz.