If you’re an investor or gold lover in Saint Helena, knowing the latest gold prices is key. Right now, gold costs 67.19 Saint Helena Pounds (SHP) per gram. This is a +0.40 SHP (+0.5%) increase from yesterday.
This update was made at 09:04:02 am (St Helena time) on 28-Nov-2024. It shows how fast gold prices can change. They’ve gone from a low of 66.61 SHP to a high of 67.26 SHP.
Key Takeaways
- Current gold price per gram in Saint Helena is 67.19 Saint Helena Pounds (SHP)
- Today’s gold price change is +0.40 SHP (+0.5%)
- Today’s gold price range is 66.61 SHP (low) to 67.26 SHP (high)
- Real-time market updates on gold rates in Saint Helena
- High volatility in the local gold trading market
Current Gold Market Overview in Saint Helena
The gold prices in Saint Helena are changing a lot. The 24K gold price is 67.23 SHP per gram. This is 0.5% more than yesterday.
This shows the Saint Helena gold market is always moving.
People in Saint Helena can buy gold in many ways. They can choose ounces, grams, kilos, tolas, or bahts. This lets them find what fits their needs and plans.
The USD to SHP conversion rate is 1 USD = 0.79052 SHP. This was updated on 28-Nov-2024 at 09:05:00 am (Atlantic St Helena time).
| Gold Karat | Price per Gram (SHP) |
|---|---|
| 24K | 67.42 |
| 22K | 61.80 |
| 21K | 58.99 |
| 18K | 50.56 |
Many things affect the precious metal prices Saint Helena and the Saint Helena gold market. These include the world’s economy, how much gold is available, and local rules. It’s smart for investors and those interested in gold to keep up with these changes.
“The Saint Helena gold market is a dynamic and ever-changing landscape, offering both challenges and opportunities for savvy investors and consumers.”
Understanding Gold Pricing Metrics in Saint Helena
When you want to buy gold or sell gold in Saint Helena, knowing the pricing is key. You need to grasp the different metrics and factors that affect gold prices. This includes weight units, currency conversions, and market hours.
Weight Units and Conversions
Gold prices in Saint Helena are based on different weight units. For example, 1 gram is the same as 0.03215 Troy Ounces. Also, 1 Ratti is 0.18200 Grams. Knowing these conversions helps when you’re buying gold or selling gold.
Currency Exchange Factors
Currency exchange rates are very important for gold prices in Saint Helena. Right now, 1 USD is worth 0.79052 Saint Helena Pounds (SHP). Watching how these rates change can help you know the best time to buy gold or sell gold.
Market Trading Hours
The gold market in Saint Helena is open during Atlantic St Helena time (GMT+00:00). Prices update every minute when the market is open. Knowing the market hours helps you make quick and smart choices.
Learning about these gold pricing metrics in Saint Helena helps you understand the local market. This knowledge is crucial when you’re buying gold or selling gold.
Price of Gold in Saint Helena by Karat Purity
Gold prices in Saint Helena change based on its purity. Knowing these prices is key for buying or selling gold locally.
The most common karat purities found in Saint Helena’s gold exchange are:
- 24K gold (99.999% pure): 67.08 Saint Helena Pound per gram
- 22K gold (91.6% pure): 61.51 Saint Helena Pound per gram
- 21K gold (87.5% pure): 58.75 Saint Helena Pound per gram
- 18K gold (75% pure): 50.36 Saint Helena Pound per gram
- 14K gold (58.5% pure): 39.28 Saint Helena Pound per gram
- 12K gold (50% pure): 33.57 Saint Helena Pound per gram
- 10K gold (41.7% pure): 28.00 Saint Helena Pound per gram
- 9K gold (37.5% pure): 25.18 Saint Helena Pound per gram
- 8K gold (33.3% pure): 22.36 Saint Helena Pound per gram
Prices change daily due to market conditions in Saint Helena. It’s important to keep up with gold investment news and rates.
Gold Price Variations by Weight Units
In Saint Helena, gold prices change every day. They also change based on the weight unit. Whether it’s grams, ounces, or kilograms, the prices can be very different. It’s key to know this for buying or selling Saint Helena bullion prices.
Gram Measurements
The price for gold in grams in Saint Helena is 67.23 SHP per gram. So, 1 gram of gold is worth 67.23 Saint Helena Pounds. For 100 grams, it’s 6,722.98 SHP. And 1,000 grams (1 kilogram) is 67,229.81 SHP.
Ounce Calculations
The gold price in Saint Helena for ounces is 2,091.13 SHP per ounce. This is about 31.1 grams per ounce. Remember, 1 gold ounce (XAU) is 31.1 grams.
Kilogram Rates
For bigger amounts, the gold price per kilogram in Saint Helena is 67,231.27 SHP. So, 1 kilogram of gold is worth 67,231.27 Saint Helena Pounds.
These gold prices can change every day. The exact rates might change based on the time and current Saint Helena trading conditions.
Historical Gold Price Analysis
The price of gold in Saint Helena has changed a lot lately. Today, it went up by +0.5%. Yesterday, it dropped by -0.8%. And four days ago, it fell by -3.1%.
Looking at a longer time, the gold prices in Saint Helena have moved in different ways. The biggest jump in two weeks was +2.1%. This shows how fast the gold market can change. It’s important for investors to watch the prices closely.
| Date | Gold Price (SHP per ounce) | Price Change (%) |
|---|---|---|
| Today | 2,089.90 | +0.5% |
| Yesterday | 2,078.80 | -0.8% |
| 4 days ago | 2,148.40 | -3.1% |
| 2 weeks ago | 2,048.80 | +2.1% |
This analysis helps us understand the changes in gold prices in Saint Helena. It’s useful for those who buy, sell, or invest in gold.
Saint Helena Gold Trading Markets
The prices of gold in Saint Helena change with local and global markets. Gold trading here mixes local dealers with online platforms. The gold market in Saint Helena focuses on jewelry and investment.
Local Gold Dealers
Gold buyers and sellers in Saint Helena go to local dealers. These dealers sell gold bars and coins for investors and jewelry makers. The precious metal prices Saint Helena at these places follow international trends and local economy.
Trading Platforms
Residents of Saint Helena also trade gold online. These platforms show real-time Saint Helena gold market data. Investors can track prices, make deals, and manage their gold online. Prices are in the Saint Helena Pound (SHP) and update with global markets.
Market Regulations
The gold market in Saint Helena has rules for fair trading. These rules include licenses, reports, and standards. The local government ensures a safe and reliable place for gold trading.
| Gold Product | Price (SHP) |
|---|---|
| 10 Grams Gold | £450.00 |
| 100 Grams Gold | £4,500.00 |
| 500 Grams Gold | £22,500.00 |
| 1 Kilogram Gold | £45,000.00 |
The table shows the current precious metal prices Saint Helena for gold products. It gives a clear view of the market rates.
Factors Affecting Gold Rates in Saint Helena
The price of gold in Saint Helena changes due to many things. These include global market trends, economic signs, and world events. Things like supply and demand, and how currencies change, can make gold prices go up and down.
The strength of the Saint Helenian pound (SHP) is very important. Its value against big currencies like the U.S. dollar affects gold prices. If the SHP gets weaker, gold might cost more, and if it gets stronger, it might cost less.
How much gold jewelry people want in Saint Helena also matters. When holidays or big events come, more people want gold jewelry. This can make gold prices go up. But when demand goes down, prices might stay the same or even drop.
Uncertainty in the world and big economic events can also change gold prices. For example, the 2020 COVID-19 pandemic made gold prices go up as people looked for safe investments. Wars or trade problems can also make gold seem more valuable, which can change its price.
How much gold is available also affects its price. Things like gold mining, central bank buying, and global trade all play a part. These things help decide how much gold there is, which affects its price in Saint Helena.
To know when to buy gold Saint Helena or sell gold Saint Helena, keep an eye on these factors. They all play a role in the gold market in Saint Helena.
Gold Investment Opportunities in Saint Helena
Investors in Saint Helena have many gold investment options. They can choose from physical gold to digital gold solutions. This diversity helps in diversifying your portfolio and taking advantage of gold’s timeless value.
Physical Gold Investment
Physical gold is a favorite in Saint Helena. The island is known for the Saint Helena Eagle & Snake Gold Coins. These coins are 22mm, 0.25-ounce, and have a purity of .9999 fineness.
These coins are not just valuable. They also have a rich history and design. This makes them appealing to collectors and investors. The rarity of the Saint Helena Gold Sovereign Coin also makes it a good investment for the future.
Digital Gold Options
For a modern take, Saint Helena offers digital gold solutions. These platforms let investors buy fractional gold online. It’s a convenient and secure way to invest in gold.
Storage Solutions
Storing physical gold is key. Saint Helena has secure vaults for this purpose. These facilities keep your gold safe, protecting your investment for the long term.
The gold price in Saint Helena is 67.23 SHP per gram (24K). This makes it an attractive place for gold investors. It offers a chance to diversify and benefit from the island’s rich history and gold market.
| Coin Specifications | Details |
|---|---|
| Gold Content | 0.25 oz |
| Metal Purity | .9999 |
| Diameter | 21.95 mm |
| Face Value | Ranges from $100 to $10,000 |
| Gold Purity | .9999 |
| IRA-Eligibility | Eligible |
Comparing Gold Prices Across Different Forms
In Saint Helena, gold prices change a lot based on its form. This includes jewelry and bullion. Knowing how prices differ is key for those in the local gold market.
Jewelry in Saint Helena costs more than raw gold. This is because of the craftsmanship and design. Gold coins and bars, however, are cheaper. They are seen as good investments. Here are the current gold prices in Saint Helena:
- 24-karat gold: 67.23 SHP/gram
- 22-karat gold: 61.63 SHP/gram
- 18-karat gold: 50.42 SHP/gram
Buying more gold can save you money. A 100-gram bar of 24-karat gold costs 6,722.98 SHP. A 1-kilogram bar is 67,229.81 SHP.
| Gold Form | Price (SHP/gram) | Price (SHP/100g) | Price (SHP/kg) |
|---|---|---|---|
| 24-karat | 67.23 | 6,722.98 | 67,229.81 |
| 22-karat | 61.63 | 6,163.18 | 61,631.84 |
| 18-karat | 50.42 | 5,041.96 | 50,419.58 |
Knowing how gold prices work in Saint Helena helps. It lets investors and buyers make better choices. This is true for gold trading and buying Saint Helena bullion.
Best Practices for Buying and Selling Gold
Buying and selling gold in Saint Helena needs careful thought. First, keep an eye on the market rates. The gold price in Saint Helena changes every day. Knowing the spot price is key before you buy or sell.
Today, the gold rate in Saint Helena is 67.23 SHP per gram for 24-karat gold.
When you buy gold, check its purity and weight. Good dealers in Saint Helena give you certificates to prove it’s real and right. When selling, get a professional to check your gold for a fair price.
- Stay informed about the daily gold price movements in Saint Helena.
- Transact with established, reputable gold dealers to ensure authenticity and fair pricing.
- Verify the purity and weight of gold before completing any purchase or sale.
Follow these tips to be sure when buying gold Saint Helena or selling gold Saint Helena. Being careful and choosing trusted partners helps you make smart choices. This way, you get the most value from your gold deals.
Conclusion
The price of gold in Saint Helena changes often. Right now, 24K gold costs 67.23 SHP per gram. Prices move based on purity, weight, and market conditions.
As an investor or buyer, knowing about daily gold rate changes is key. It’s also important to look at different investment choices. This helps you make smart decisions.
Knowing what affects gold prices in Saint Helena is important. This includes global economic trends, currency rates, and local rules. It helps you move through the market well.
Whether you like physical gold, digital gold, or other investments, think about the risks and benefits. This ensures you get the most from your gold investments.
Keep up with the latest gold market news and insights. This helps you use the changing gold rates in Saint Helena to your advantage. With the right knowledge and strategy, you can reach your financial goals.