price of gold in Uruguay

Current Gold Prices in Uruguay: Live Market Updates

The gold price in Uruguay is 114,179 Uruguayan Pesos (UYU) per ounce as of December 4, 2024. This is up from 114,045 UYU on December 3, 2024. It’s also much higher than 79,154 UYU last year. The spot price for gold in Uruguay changes all day. This is because traders adjust their positions for many reasons.

If you’re an investor, a jewelry maker, or just curious about gold, knowing the latest prices in Uruguay is key. We’ll give you updates on gold prices in Uruguay. This will help you make smart choices about your investments or purchases.

Key Takeaways

  • The current gold price in Uruguay is 114,179 UYU per ounce, up from 114,045 UYU on December 3, 2024.
  • Gold prices in Uruguay have seen a significant increase over the past year, rising from 79,154 UYU on December 4, 2023.
  • Spot prices for gold in Uruguay are updated throughout the day, reflecting the latest market movements.
  • Factors such as global economic indicators and currency exchange rates can influence gold prices in the Uruguayan market.
  • Investors may consider diversifying their portfolios with commodities like gold to mitigate risk and potentially enhance returns.

Understanding Today’s Gold Market in Uruguay

The gold market in Uruguay is always changing. Prices go up and down because of things happening all over the world and in Uruguay. On December 4, 2024, 24-karat gold was 3,669.10 Uruguayan Pesos (UYU) per gram. It went down by 0.06% (-2.50 UYU) from the day before.

Latest Price Movements and Trends

In the last month, gold prices in Uruguay have moved a lot. They went from 3,474.37 UYU per gram to 3,739.10 UYU per gram. This big change is because of many things like the world’s economy, what’s happening in Uruguay, and how the money changes.

Market Volatility Status and Daily Fluctuations

The gold market in Uruguay is a bit shaky right now. Prices have been between 3,680.57 UYU and 3,659.74 UYU per gram. These changes happen all day, with the latest news at 09:30:03 am Montevideo time.

Real-Time Trading Hours and Updates

The gold market in Uruguay is connected to markets all over the world. Prices are affected by what happens in Tokyo, London, and New York. People who want to buy gold Uruguay or sell gold Uruguay can get the latest Uruguayan gold exchange news all day.

Karat Price per Ounce (UYU) Price Change (UYU)
24K 114,142.65 -74.57
23K 109,386.70 -71.46
22K 104,630.76 -68.36
21K 99,874.82 -65.25
18K 85,606.98 -55.93
14K 66,583.21 -43.50
10K 47,559.44 -31.07
9K 42,803.49 -27.96
8K 38,047.55 -24.86
6K 28,535.66 -18.64

The table shows the current prices and changes for different karats of gold per ounce in Uruguay. It gives a clear picture of the market’s ups and downs.

Price of Gold in Uruguay: Current Rates and Analysis

The gold market in Uruguay is always changing. Prices go up and down because of global and local factors. Right now, the gold prices in Uruguay show us a lot about the precious metals market.

One ounce of gold in Uruguay costs 114,140.86 Uruguayan Pesos (UYU). This is 76.4 UYU less than before. A gram of gold is 3,669.63 UYU, down 2.5 UYU. And a kilogram is 3,669,708.57 UYU, down 2,454.9 UYU.

Gold is also sold in tolas and bahts in Uruguay. A tola is 42,802.82 UYU, down 28.6 UYU. A baht is 53,982.92 UYU, down 36.1 UYU.

Measurement Price (UYU) Price Change (UYU)
1 Ounce 114,140.86 -76.4
1 Gram 3,669.63 -2.5
1 Kilogram 3,669,708.57 -2,454.9
1 Tola 42,802.82 -28.6
1 Baht 53,982.92 -36.1

These prices show the latest market conditions. They change often. This gives investors and buyers in Uruguay a live look at gold investment Uruguay and precious metals Uruguay.

“The gold market in Uruguay is a dynamic and closely watched sector, with prices constantly shifting in response to global and local economic factors.”

Gold Pricing Across Different Weight Units

When you buy gold in Uruguay, prices are in many units. Knowing these units helps you make smart choices in the Uruguay gold market.

Prices per Gram, Ounce, and Kilogram

One gram of gold trading Uruguay is like 0.03215 Troy Ounces. For bigger amounts, prices are different:

  • 5 grams of gold: 18,348.14 UYU
  • 10 grams of gold: 36,696.29 UYU
  • 100 grams of gold: 366,962.87 UYU

Popular Local Weight Measurements

Gold prices in Uruguay are also in local units like tola and baht. Knowing these units makes it easier to shop in the Uruguay gold market.

Converting Between Different Weight Units

To switch units, remember 1 gram equals 0.03215 Troy Ounces. This helps you quickly figure out gold values in various units. It’s key for smart gold trading in Uruguay.

Gold Price Uruguay

“Staying up-to-date with the latest gold trading Uruguay prices and their conversions is essential for savvy investors in the precious metals market.”

Gold Purity Standards and Their Impact on Pricing

In the gold market of Uruguay, gold purity is key. It decides the price. Gold purity, shown in karats, changes the value and want for gold in Uruguay.

The purest gold in Uruguay is 24-karat, which is almost 100% pure. This gold costs 3,669.63 Uruguayan pesos (UYU) per gram. As purity goes down, so does the price.

For example, 22-karat gold costs 3,363.83 UYU per gram. 18-karat is 2,752.22 UYU, and 14-karat is 2,140.62 UYU per gram.

Gold purity levels range from 24-karat to 6-karat. Each has a special hallmark to show its gold content. The highest, 24-karat, has the 999 hallmark, showing it’s 99.999% gold.

Investors and traders in the Uruguay gold market watch these purity standards and prices. They affect investment choices and how to improve a portfolio. Knowing about gold prices in Uruguay helps make smart choices in the precious metals Uruguay world.

gold purity chart

“The purity of gold is a crucial factor in determining its value and desirability in the Uruguayan market. Understanding the impact of gold purity standards is essential for investors and traders seeking to navigate the dynamic Uruguay gold market.”

Factors Influencing Uruguay’s Gold Market

The gold market in Uruguay is influenced by many things. Global economic signs, local market conditions, and currency exchange rates play big roles. Countries like Brazil, Argentina, China, the United States, and the European Union also affect gold prices in Uruguay.

Global Economic Indicators

Changes in global economic signs like GDP growth and inflation rates affect gold prices in Uruguay. Investors watch these signs to understand the economy’s health. This helps them make smart choices about gold investments in Uruguay.

Local Market Conditions

Things happening in Uruguay itself also impact gold prices. The Mercosur trade agreement is a big factor. It connects Uruguay with its neighbors, affecting trade and gold market.

Currency Exchange Rate Impact

The currency exchange rate is very important for gold prices in Uruguay. As of December 4, 2024, 1 USD is equal to 43.11 Uruguayan Pesos (UYU). This rate changes the gold price for investors and market players in Uruguay.

FAQ

What is the current price of gold in Uruguay?

Gold in Uruguay costs 114,179 Uruguayan Pesos (UYU) per ounce as of December 4, 2024. This is up from 114,045 UYU the day before. It’s also much higher than 79,154 UYU last year.

How do gold prices in Uruguay fluctuate throughout the day?

Gold prices in Uruguay change a lot. On December 4, 2024, the price per gram is 3,669.72 UYU. This is a small drop from the day before.The market is a bit volatile. The high price today was 3,680.57 UYU, and the low was 3,659.74 UYU per gram. Updates happen all day, with the latest at 09:30:03 am Montevideo time.

What are the current gold rates in Uruguay across different weight units?

Gold prices in Uruguay vary by weight. One ounce costs 114,140.86 UYU, down by 76.4 UYU. A gram is 3,669.63 UYU, down by 2.5 UYU.A kilogram is 3,669,708.57 UYU, down by 2454.9 UYU. Prices for tola and baht are also available.

How do different gold purity levels affect the pricing in Uruguay?

Gold purity greatly affects prices in Uruguay. 24-karat gold, which is 99.999% pure, costs 3,669.63 UYU per gram. Lower purities cost less.Prices range from 24-karat to 6-karat, with different prices for each.

What factors influence the gold market in Uruguay?

Many things affect Uruguay’s gold market. Global economic indicators are key. Local market conditions also play a big role.The exchange rate, with 1 USD to 43.11 UYU as of December 4, 2024, impacts prices. Traders in Tokyo, London, and New York also influence prices in Uruguay.

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