Gold Price Today in Aruba in Aruban Florin (AWG)

Friday, 11 October 2024, 3:25 PM

4,779.18 Aruban Florin/Ounce
Live
2,652.52 U.S. Dollar/Ounce
Gold ounce price in Aruba is 4,779.18 Aruban Florin per ounce, Gold gram price is 153.67 Aruban Florin per gram karat 24, 140.87 Aruban Florin per gram karat 22, 134.46 Aruban Florin per gram karat 21, 115.25 Aruban Florin per gram karat 18.

Gold Price in Aruba in Aruban Florin

Gold Unit Aruban Florin U.S. Dollar
Gold Ounce 4,779.18 2,652.52
Gold Gram Karat 24k 153.67 85.29
Gold Gram Karat 22k 140.76 78.13
Gold Gram Karat 21k 134.46 74.63
Gold Gram Karat 18k 115.25 63.97
Gold Gram Karat 14k 89.90 49.89
Gold Gram Karat 12k 76.84 42.65
Gold Gram Karat 10k 64.08 35.57
Gold Gram Karat 9k 57.63 31.98
Gold Gram Karat 8k 51.17 28.40

Gold Karats Commonly Used in Aruba

In Aruba, gold jewelry is a popular choice among both locals and tourists, with varying karats reflecting different qualities and price points. The most commonly used gold karat in Aruba is 14k gold, which contains approximately 58.3% pure gold. This is favored for its balance between durability and gold content, making it ideal for everyday wear and a popular choice for tourists seeking affordable quality.

Following closely is 18k gold, which consists of about 75% pure gold. This higher purity gives it a richer hue and is often preferred for more luxurious jewelry pieces, widely appreciated for special occasions.

Another variant is 10k gold, which is composed of 41.7% pure gold. Although less common than 14k and 18k, it is still found in Aruba, usually in more budget-friendly jewelry options.

Lastly, 22k gold is less frequently seen due to its high softness, making it more prone to scratching and denting. However, it is sought after for its vibrant gold color and is often used in traditional jewelry.

Gold Price Chart in Aruba

How Gold Price is Determined in Aruba

The price of gold in Aruba is influenced by several factors that combine to reflect the global gold market dynamics. Global Market Trends play a crucial role, as gold prices are primarily set on international exchanges. Whenever there are fluctuations in major markets like New York or London, Aruban gold prices tend to follow suit due to the interconnected nature of the economy.

Another significant factor is Currency Exchange Rates. Since gold is usually priced in US dollars, any change in the strength of the Aruban Florin relative to the dollar can impact local prices. A weaker currency may lead to higher gold prices for local buyers.

Additionally, Supply and Demand conditions also affect gold prices. In Aruba, local factors such as demand from jewelry makers and tourists can influence how much merchants are willing to pay for gold. Finally, Investment Sentiment can sway prices; during times of economic uncertainty, gold is often seen as a safe haven, increasing its demand and price.

Overall, the gold price in Aruba is shaped by a combination of global trends, currency values, local demand, and broader economic conditions.

Price of Gold Bullion in Aruba in Aruban Florin

  • The price of gold bullion 5 grams 24K in Aruba: 768.36 Aruban Florin
  • The price of gold bullion 10 grams 24K in Aruba: 1,536.71 Aruban Florin
  • The price of gold bullion 20 grams 24K in Aruba: 3,073.43 Aruban Florin
  • The price of gold bullion 50 grams 24K in Aruba: 7,683.57 Aruban Florin
  • The price of gold bullion 100 grams 24K in Aruba: 15,367.13 Aruban Florin
  • The price of gold bullion 250 grams 24K in Aruba: 38,417.83 Aruban Florin
  • The price of gold bullion 500 grams 24K in Aruba: 76,835.65 Aruban Florin
  • The price of gold bullion 1000 grams 24K in Aruba: 153,671.31 Aruban Florin

Predictions for Gold Prices in Aruba

The price of gold is influenced by various factors, and analysts are increasingly focusing on its potential impact in regions like Aruba. In 2024, predictions suggest that gold prices may experience a steady increase due to inflation concerns and geopolitical tensions worldwide. Strong demand for gold as a safe-haven asset is likely to drive prices higher, especially in economically vulnerable regions.

In Aruba, where tourism is a significant part of the economy, fluctuations in gold prices can affect local businesses and investors. A rise in gold prices may benefit jewelers and traders who can capitalize on increased consumer interest in buying gold as an investment. Market experts anticipate that if the global economy continues to show signs of instability, Aruba may see gold prices rising to historic levels.

Furthermore, the mining sector's development and international trade could also influence local gold prices. Ultimately, keeping a close watch on both global economic indicators and local demand will be essential for predicting gold price trends in Aruba.

Gold price in Aruba in October 2024 in Aruban Florin

Date Gold Ounce Gold Gram Karat 24 Gold Gram Karat 22 Gold Gram Karat 21 Gold Gram Karat 18 Gold Gram Karat 14
10 October 2024 4,706.27 151.33 138.71 132.38 113.46 88.30
9 October 2024 4,712.04 151.51 138.88 132.55 113.60 88.41
8 October 2024 4,765.21 153.22 140.44 134.04 114.88 89.40
7 October 2024 4,761.90 153.12 140.34 133.95 114.80 89.34
6 October 2024 4,774.54 153.52 140.72 134.30 115.10 89.58
5 October 2024 4,774.54 153.52 140.72 134.30 115.10 89.58
4 October 2024 4,800.00 154.34 141.47 135.02 115.72 90.06
3 October 2024 4,781.17 153.74 140.91 134.49 115.26 89.70
2 October 2024 4,774.54 153.52 140.72 134.30 115.10 89.58
1 October 2024 4,749.34 152.71 139.97 133.60 114.50 89.11
30 September 2024 4,793.88 154.14 141.29 134.85 115.57 89.94
29 September 2024 4,781.17 153.74 140.91 134.49 115.26 89.70
28 September 2024 4,781.17 153.74 140.91 134.49 115.26 89.70
27 September 2024 4,819.52 154.97 142.04 135.57 116.19 90.42
26 September 2024 4,793.88 154.14 141.29 134.85 115.57 89.94
25 September 2024 4,787.23 153.93 141.09 134.66 115.41 89.82
24 September 2024 4,755.94 152.92 140.17 133.78 114.66 89.23
23 September 2024 4,724.41 151.91 139.24 132.89 113.90 88.64
22 September 2024 4,724.41 151.91 139.24 132.89 113.90 88.64
21 September 2024 4,724.41 151.91 139.24 132.89 113.90 88.64
20 September 2024 4,663.21 149.94 137.44 131.17 112.42 87.49
19 September 2024 4,618.59 148.51 136.12 129.92 111.34 86.65
18 September 2024 4,615.38 148.40 136.03 129.83 111.27 86.59
17 September 2024 4,639.18 149.17 136.73 130.50 111.84 87.04
16 September 2024 4,657.62 149.76 137.27 131.02 112.29 87.39
15 September 2024 4,657.62 149.76 137.27 131.02 112.29 87.39
14 September 2024 4,657.62 149.76 137.27 131.02 112.29 87.39
13 September 2024 4,627.25 148.79 136.38 130.16 111.55 86.82
12 September 2024 4,540.30 145.99 133.81 127.72 109.46 85.18
11 September 2024 4,534.00 145.79 133.63 127.54 109.31 85.07