1 Troy Ounce Gold in Swiss Franc (CHF)
Convert 1 ounce of gold (31.1035 g) to Swiss Franc (CHF) at the live LBMA XAU/USD spot × USD/CHF cross. Real-time rate, updated every minute.
- Updated
- Real-time LBMA & ECN data
- AI-curated from 50+ feeds
As of October 26, 2023, 1 ounce of gold is approximately 56.76 CHF. The conversion uses the current spot price of gold (XAU/USD) multiplied by the USD to CHF exchange rate, then divided by the grams in an ounce (31.1035 g). Source: LBMA via Swissquote ECN.
CHFKey Facts
- Amount
- 1 ounce
- Weight (grams)
- 31.1035 g
- Weight (troy oz)
- 1.000000 oz
- Currency
- Swiss Franc (CHF)
- Price basis
- LBMA AM/PM spot
- Last refresh
- 2026-06-03
What this means
The conversion formula is straightforward: take the current market price of gold (usually quoted per troy ounce in USD), convert it to CHF using the prevailing exchange rate, and then adjust for the exact weight of a troy ounce (31.1035 grams). This provides the current value of one ounce in Swiss Francs.
The exchange rate between the US Dollar and the Swiss Franc significantly impacts the CHF price of gold. A stronger CHF relative to the USD will decrease the CHF price of gold, while a weaker CHF will increase it, even if the gold price in USD remains stable.
When converting 1 ounce of gold to CHF for retail purchase, expect the price to be higher than the spot rate. This premium covers manufacturing costs, dealer markups, and sometimes collector value for specific coins or bars. The exact premium varies by product and seller.
Swiss Franc as a Safe-Haven Currency. The Swiss Franc (CHF) is historically considered a safe-haven currency, meaning it often strengthens during times of global economic uncertainty or market volatility. This inherent stability can influence the CHF price of gold, sometimes acting as a counterweight to global gold price movements.
Gold Pricing Mechanisms in Switzerland. Switzerland is a major hub for gold trading and refining. While global prices are set in USD, Swiss refiners and banks operate with a keen awareness of the CHF exchange rate. This ensures that the domestic market price accurately reflects both international gold trends and local currency valuations.
Impact of Swiss Monetary Policy. The Swiss National Bank's (SNB) monetary policy decisions, including interest rates and currency interventions, can affect the CHF exchange rate. Changes in the SNB's stance can lead to fluctuations in the CHF's value against other major currencies, directly influencing the cost of one ounce of gold in Swiss Francs.
Frequently Asked Questions
How much is 1 ounce of gold in CHF today?
As of October 26, 2023, 1 ounce of gold is approximately 56.76 CHF. This value fluctuates with the market price of gold and the USD to CHF exchange rate. For the most current price, please use our live converter.What is the formula to convert 1 ounce of gold to CHF?
The formula is: (Gold Price in USD per Ounce * USD to CHF Exchange Rate) / 31.1035 grams per ounce. This calculation provides the value of one troy ounce of gold in Swiss Francs.Does the Swiss Franc's strength affect gold prices?
Yes, a stronger Swiss Franc (CHF) relative to the US Dollar will make gold cheaper in CHF terms, assuming the gold price in USD remains constant. Conversely, a weaker CHF will make gold more expensive in CHF.Are there additional costs when buying 1 ounce of gold in CHF?
Yes, when purchasing physical gold (like bars or coins) in Switzerland, you will typically pay a premium above the spot price. This premium covers manufacturing, dealer margins, and other operational costs.