Gold Price Analysis
- ▲ Price increased by 1.06% (35.18 USD) compared to yesterday.
- ▼ Price decreased by 0.40% (13.52 USD) compared to last week.
- ▲ Price increased by 3.86% (124.89 USD) compared to last month.
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FAQ
What is today’s gold price per gram in Micronesia?
It is quoted daily in USD based on LBMA London bullion rates.
Who publishes the official gold rates in Micronesia?
The Federal Reserve Bank of San Francisco’s Pacific Desk issues periodic updates.
Where can investors buy and sell gold in Yap and Chuuk?
At licensed dealers near main ports and select bank branches.
How do high shipping costs impact gold premiums in Micronesia?
Logistics surcharges of around 1–2% are typically added to global prices.
Is gold considered a safe investment in Micronesia?
Yes—it is a portable asset commonly used to preserve family wealth.
Popular Gold Bullion Prices Worldwide
Weight | Price in USD |
---|---|
Ounce | $3,327.87 |
Gram | $106.99 |
2.5 Gram | $267.48 |
5 Gram | $534.97 |
10 Gram | $1,069.93 |
50 Gram | $5,349.67 |
100 Gram | $10,699.34 |
Half Kilogram | $53,496.70 |
Kilogram | $106,993.39 |
Gold in Micronesia
Gold in Micronesia, particularly within the Federated States of Micronesia, is an emerging emblem of cultural tradition and subtle economic promise. Across the scattered islands and in traditional village settings, local artisans create gold jewelry that draws inspiration from the ocean’s rhythmic beauty and ancient navigational lore. Although the scale of production is modest, each handcrafted piece holds significant cultural value, often gifted during community celebrations, local festivals, and family ceremonies as a symbol of prosperity and unity. As the global economy evolves, digital platforms now provide real‑time gold rate updates, connecting Micronesian traders with international markets and enhancing price transparency even in remote island markets. In tandem with government‑backed assurances and quality controls, every piece is verified for purity and artisanal excellence, fortifying gold’s role as a secure hedge against economic volatility. In Micronesia, gold is more than a commodity—it is a treasured artifact that serves as a bridge between ancient seafaring traditions and modern financial strategies, embodying the spirit of resilience and forward‑thinking progress in the heart of the tropical Pacific.