Gold Price in SEK
1 oz Gold = 39,753.36 SEK · 1 g Gold = 1,278.10 SEK
Provider's last update: 2026-10-29 21:20 UTC · Source: gold-api.com (time reported by the provider; it may be when the provider last checked the price, not the last market trade)
USD→SEK conversion: ECB reference rate of 2026-10-29
Gold to SEK by weight
1 troy ounce of gold = 39,753 SEK
Troy ounce (31.1035 g) — the standard unit for precious metals, not the 28.35 g ounce used for food.
Spot value of the pure metal. A jeweller's or dealer's buying and selling prices are different.
Quick Stats
Gold to SEK — Common Amounts
| Amount | Value (SEK) |
|---|---|
| 1 g Gold | 1,278.10 SEK |
| 5 g Gold | 6,390.50 SEK |
| 10 g Gold | 12,781.00 SEK |
| 20 g Gold | 25,562.00 SEK |
| 50 g Gold | 63,905.01 SEK |
| 100 g Gold | 127,810.02 SEK |
| 1 oz Gold | 39,753.36 SEK |
| 5 oz Gold | 198,766.80 SEK |
| 10 oz Gold | 397,533.59 SEK |
About Gold as an Asset
Gold is a widely recognized store of value, held by central banks, investors, and individuals across every continent. Unlike fiat currencies, its supply cannot be expanded by a central bank — its scarcity and durability have made it a store of value and a basis for money throughout recorded history. Today, gold functions simultaneously as a financial asset, a safe-haven holding, and an industrial material.
💡 Gold barely corrodes and is widely recycled, so gold mined centuries ago can still be in use today — in jewellery, bars, coins, electronics and central bank vaults.
What Drives Gold Prices
- US Dollar strength — gold is priced in USD; a weaker dollar makes gold cheaper for foreign buyers
- Real interest rates — higher rates raise the opportunity cost of holding non-yielding gold
- Central bank buying and selling — official reserve managers hold large amounts of gold
- Geopolitical risk — wars, sanctions, and political uncertainty drive safe-haven demand
- Inflation expectations — gold is widely used as a long-term inflation hedge
- ETF flows — gold-backed exchange-traded funds buy and sell physical metal as investors move in and out
Editorial content last reviewed: 2026-10-22
Gold & SEK — Local Context
Swedish investors can hold gold through physical bullion and exchange-traded products, and Sweden's central bank keeps gold among its reserves. When the krona weakens, gold priced in SEK tends to rise, which is why some Swedish savers treat gold as a currency hedge.