Keeping up with the gold market in Tokelau is key for investors and fans. The gold price in Tokelau is now $4,560.77 per ounce. This is up from $3,311.71 per ounce last year at the same time. These rates, in New Zealand Dollars (NZD), change every minute to show the latest gold price.
The spot price shows the gold price right now. It changes based on supply, demand, and world economy. Watching these rates helps you make smart choices about gold investments or buying gold bullion and coins.
Key Takeaways
- The current gold price in Tokelau is $4,560.77 per ounce, up from $3,311.71 a year ago.
- Live gold prices are quoted in the New Zealand Dollar (NZD) and updated minute-by-minute.
- The spot price reflects the immediate settlement of gold contracts in the commodities market.
- Gold prices in Tokelau are influenced by supply, demand, and global economic conditions.
- Monitoring live gold rates is crucial for investment and purchasing decisions.
Understanding Today’s Gold Market in Tokelau
Tokelau’s gold market is part of the global scene. The prices in Tokelau change with the world’s supply and demand. People in Tokelau can keep up with gold prices in real time.
Live Market Updates and Spot Prices
The gold price in Tokelau is based on global markets. Things like world news and economic signs can change prices. Keeping an eye on these updates helps Tokelau’s gold investors make smart choices.
Price Variations Across Tokelau
| Payment Method | Price per Coin |
|---|---|
| Check/Wire | $58.20 |
| Bitcoin | $59.36 |
| Credit Card/PayPal | $59.95 |
Even though the global price is a guide, Tokelau’s gold prices can differ. This is due to local market factors and how you pay. It’s good to know this when looking at gold investments in Tokelau.
“The limited mintage of the 2022 Tokelau Magnum Opus 1 oz Silver Proof Like $5 Coin, with only 999 pieces available, makes it a highly sought-after collectible for Tokelau’s precious metals enthusiasts.”
Latest Gold Rates per Ounce, Gram, and Kilogram
Tokelau’s gold market is lively. It shows the current gold prices. These prices change with global trends and currency rates.
The gold price per ounce is now $2,650.35 USD. This is a -0.04% drop from yesterday. For smaller buys, the gram price is $85.21 USD. The kilogram price is $85,210.74 USD.
| Quantity | Price (USD) | Price (EUR) | Price (GBP) | Price (CHF) |
|---|---|---|---|---|
| 1 gram | $85.21 | €80.56 | £66.90 | CHF75.10 |
| 1 ounce | $2,650.35 | €2,505.43 | £2,080.58 | CHF2,338.23 |
| 1 kilogram | $85,210.74 | €80,556.20 | £66,899.11 | CHF75,098.78 |
Many things affect gold prices in Tokelau. These include global markets, currency rates, and local economy. Keep up with live updates and spot prices in Tokelau gold exchanges.
Looking to invest in gold? Tokelau has options for ounces, grams, or kilograms. Knowing the current rates helps you make smart choices. This way, you can take advantage of the Tokelau gold trading opportunities.
Factors Influencing Tokelau’s Gold Market
Tokelau’s gold market is shaped by many factors. These include global and local ones. Knowing these helps us understand gold prices in this Pacific territory.
Global Market Impact
The gold market in Tokelau changes with the world’s gold trade. Prices in big places like New York and London affect Tokelau’s gold prices. Things like the world’s economy, politics, and what investors think also play a part.
Local Economic Factors
Things happening in Tokelau also matter. Its small size, limited economy, and need for imports make things more noticeable. Changes in cost of living, jobs, and how much people can spend on gold affect demand.
Currency Exchange Rate Effects
Tokelau uses the New Zealand Dollar. Changes in this currency’s value against others like the US Dollar and Euro affect gold prices. This makes gold more or less expensive for Tokelau’s people.
Understanding global, local, and currency factors helps Tokelau’s gold market. This knowledge helps dealers and buyers make smart choices about gold.
Price of Gold in Tokelau: Current Market Analysis
The gold market in Tokelau is always changing. It shows how global and local economies are doing. Looking at current prices, supply and demand, and currency changes helps us understand the market.
The gold price in Tokelau is mainly affected by the world gold market. It also depends on the New Zealand Dollar’s value against other big currencies. Today, gold costs $formattedGoldPricesPerKilo per kilogram, $goldPrices.pricePerGram per gram, and $formatPrice(goldPrices.pricePerOzt) per ounce.
In recent times, the Tokelau gold market has seen a ${apiDataLiveGold.items[apiDataLiveGold.items.length – 2].performance} change. The gold price has gone up by GoldChangePercent percent.
| Metric | Value |
|---|---|
| Price per 1 kilogram | $formattedGoldPricesPerKilo |
| Price per 1 gram | $goldPrices.pricePerGram |
| Price per ounce | $formatPrice(goldPrices.pricePerOzt) |
| Performance change over time | ${apiDataLiveGold.items[apiDataLiveGold.items.length – 2].performance} |
| Percentage change in gold price | $GoldChangePercent |
The current analysis of the Tokelau gold market shows how global and local factors interact. It gives important information for investors and traders.
Historical Gold Price Trends (2017-2024)
From 2017 to 2024, gold prices in Tokelau changed a lot. The market was sometimes stable and sometimes very volatile. This shows how the global and local economies are always changing.
Let’s look at each year and the big price changes during this time.
Year-by-Year Price Analysis
In 2017, gold in Tokelau cost $1,327.92 per ounce on average. The next year, 2018, the price went up to $1,383.50 per ounce. Then, in 2019, the price jumped to $1,477.92 per ounce.
2020 was a big year, with gold prices soaring to $1,909.17 per ounce. This was because of world economic worries and the COVID-19 pandemic. The price kept going up in 2021, reaching $2,047.15 per ounce.
In 2022, the price dropped a bit to $1,871.62 per ounce. But in 2023, it went back up to $2,204.29 per ounce.
Major Price Milestones
The highest gold price in Tokelau was $4,666.95 per ounce. This happened on October 30, 2024. It was because of world economic events, like wars, inflation, and the pandemic’s effect on money markets.
The lowest price was $1,269.30 per ounce in August 2018. This was because the US dollar got stronger and world worries eased a bit.
These changes and milestones help us understand the gold market in Tokelau. They show what affects gold’s demand and supply in the area.
Gold Trading Hours and Market Operations
In the Tokelau gold market, trading happens all day, every day, but not on weekends. This means prices are always changing. People in Tokelau can buy and sell gold at any time, based on what they need or want.
The Tokelau gold market is open from midnight to 11 pm. This gives traders and investors lots of time to watch gold prices. Gold prices can change a lot because of things happening all over the world.
| Metric | Value |
|---|---|
| Trading Hours | 12:00 am to 11:00 pm |
| Margin | 5% |
| Leverage | 1:20 |
| Spread | 0.3 |
Traders in the Tokelau gold trading market can use special tools and strategies. These help them make more money. The rules for how much money is needed and how much risk is allowed help everyone stay safe and have a chance to win.
“The gold market is a dynamic and constantly evolving landscape, driven by a complex interplay of global factors and local economic conditions. Understanding the nuances of Tokelau gold exchanges is crucial for investors and traders seeking to navigate this market effectively.”
Different Karats and Their Pricing Structure
In Tokelau, gold’s purity, or karat, affects its price. Each karat shows the gold’s purity percentage. Higher karat gold is pricier because it’s purer.
24K, 22K, and 18K Gold Rates
24-karat gold is 100% pure. In Tokelau, it costs NZD 1,261 per 10 grams. 22-karat gold, with 91.6%-91.7% gold, is priced at NZD 1,156 per 10 grams.
18-karat gold is 75% gold and 25% other metals. It’s a good choice for those who want quality without spending too much. The price for 18K gold in Tokelau is affordable.
Price Comparison by Purity
| Karat | Purity | Price per 10g (NZD) |
|---|---|---|
| 24K | 100% Pure Gold | 1,261 |
| 22K | 91.6%-91.7% Pure Gold | 1,156 |
| 18K | 75% Pure Gold | Varies |
The price of gold in Tokelau shows a balance between purity, durability, and demand. Knowing about each karat helps when buying gold jewelry or investing in Tokelau’s precious metals market.
Investment Opportunities in Tokelau’s Gold Market
Tokelau’s gold market has many investment chances for smart investors. Experts say put 5-10% of your money in gold to spread out risks and maybe get better returns. The gold market in Tokelau is shaped by global and local things, offering chances for quick trades and long-term investments.
When looking into gold investment in Tokelau, watch market trends and price changes closely. Also, get advice from pros to make smart choices. Tokelau’s gold market is special because of its unique location and traditional life. This makes it a great choice for those looking for different investment options.
Whether you want to trade gold short-term or invest long-term in Tokelau, stay up-to-date with market news. By studying what affects Tokelau’s gold market, you might find good investment plans. This could help you make the most of the unique chances in this Pacific nation.