Live Gold & Digital Gold Prices
Real-time prices for physical gold and the major tokenized gold assets. Data updates every 60 seconds. Click any asset for historical charts and analysis.
Current Gold Prices
Gold Price Chart
TradingView Chart Integration
Coming soon
What is BIV?
BIV stands for Baseline Intrinsic Value. It's a simple calculation:
AISC (All-In Sustaining Cost) is what it costs miners to extract one ounce of gold from the ground. The global average AISC is around $1,400–$1,600/oz, depending on the operation. We use $1,450/oz as the industry benchmark (Q4 2025 average from World Gold Council data).
Why It Matters
BIV represents the net value of gold still in the ground. This matters because NatGold tokens represent claims on in-ground reserves—and BIV tells you the floor value of those claims.
The S.P.I.R.A.L. thesis explains why BIV matters long-term. Read Chapter 6.
Price Insights
Why PAXG Sometimes Trades Above Gold Spot
24/7 liquidity. You can trade at 3am on a Sunday. Physical gold markets close. Tokens don't. This convenience premium can push PAXG 0.1-0.5% above spot during off-hours.
AISC Variability by Region
Not all gold costs the same to mine. Nevada operations average ~$1,100/oz. South African deep mines can hit ~$1,800/oz. Our AISC Index averages the major global producers.
Gold Asset Comparison
| Asset | Type | Backing | Extraction | ESG Impact |
|---|---|---|---|---|
| Physical Gold | Commodity | 100% Physical | Required | High |
| PAXG | Token | London Vaults | Required | High |
| XAUT | Token | Swiss Vaults | Required | High |
| NatGold | Token | In-Ground Reserves | Not Required | Zero |