gold price
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gold price
The current market value of gold, usually traded per unit of weight (e.g., per ounce or gram) on international commodity exchanges.
Der Goldpreis ist in den letzten Wochen stark gestiegen.
The gold price has risen sharply in recent weeks.
The word 'Goldpreis' (gold price) is a compound noun. It consists of 'das Gold' (gold) and 'der Preis' (price) and literally means 'the price of gold.'
Investoren beobachten die Entwicklung des Goldpreises sehr genau.
Investors watch the development of the gold price very closely.
The gold price is often combined with verbs that describe movement. Typical verbs are 'steigen' (to rise), 'fallen' (to fall), 'sinken' (to drop), or 'sich stabilisieren' (to stabilize).
Aufgrund der Krise ist der Goldpreis stark gefallen.
Because of the crisis, the gold price has fallen sharply.
When talking about the gold price, the unit of weight is often given with the preposition 'pro' (per). The most common units are grams and ounces.
Der Goldpreis liegt heute bei 60 Euro pro Gramm.
The gold price today is 60 euros per gram.