GoldPrice

.

WHERE THE WORLD CHECKS THE GOLD PRICE

Calculators

Current Gold Holdings

$

Future Gold Price

Current Silver Holdings

$

Future Silver Price

Save the values of the calculator to a cookie on your computer.

Note: Please wait 60 seconds for updates to the calculators to apply.

Display the values of the calculator in page header for quick reference.

The Holdings Calculator permits you to calculate the current value of your gold and silver.

  • Enter a number Amount in the left text field.
  • Select Ounce, Gram or Kilogram for the weight.
  • Select a Currency. NOTE: You must select a currency for gold first, even if you don't enter a value for gold holdings. If you wish to select a currency other than USD for the Silver holdings calculator.

The current price per unit of weight and currency will be displayed on the right. The Current Value for the amount entered is shown.

Optionally enter number amounts for Purchase Price and/or Future Value per unit of weight chosen.

The Current and Future Gain/Loss will be calculated.

Totals for Gold and Silver holdings including the ratio percent of gold versus silver will be calculated.

The spot price of Gold per Troy Ounce and the date and time of the price is shown below the calculator.

If your browser is configured to accept Cookies you will see a button at the bottom of the Holdings Calculator.

Pressing the button will place a cookie on your machine containing the information you entered into the Holdings Calculator.

When you return to goldprice.org the cookie will be retrieved from your machine and the values placed into the calculator.

A range of other useful gold and silver calculators can be found on our Calculators page

Gold Price Calculators

Consumer Sentiment in U.S. Remains High After Modest Pullback

US consumer sentiment continued to hold firm in the face of midterm election uncertainty in October, although the University of Michigan Consumer Sentiment Index showed a mild decline from 98.6 to 98.3.

Key Takeaways

  • The UM Consumer Sentiment Index came in at 98.3 compared to a surveyed forecast of 98.
  • Higher interest rates have created uncertainty in car and home purchases.
  • Despite two monthly declines in a row, sentiment is in the range of a 14 year high due to the tight labor market and increasing wages and take-home pay.
  • The survey showed consumer outlook for their own finances and the economy dwindling to 88.7.

Sentiment toward car purchases is at a 5-year low due to higher purchasing and borrowing costs and favorable attitudes towards buying new homes is at an even worse 10-year low, reflected in the recent 5.5% drop in new home sales which last month’s report revealed are at a two-year low.

However, respondents were in general very pleased with their current situation with a reading of 113.2 and high certainty regarding job and income prospects. 91% of respondents do not anticipate any worsening in their financial situation over the coming year which is not too far from the record high of 97% in 2000.  Inflation expectations fell to 2.8% for the year and 2.6% for the coming decade.

The survey was taken the day after the midterm elections which resulted in the Democrats winning control of the House of Representatives while Republicans kept the Senate.

Expert Outlook

“The stability of consumer sentiment at high levels acts to mask some important underlying shifts. Income expectations have improved and consumers anticipate continued robust growth in employment, but consumers also anticipate rising inflation and higher interest rates,” according to Richard Curtin, director of the University of Michigan consumer survey.

“The stability of consumer sentiment at high levels acts to mask some important underlying shifts. Income expectations have improved and consumers anticipate continued robust growth in employment, but consumers also anticipate rising inflation and higher interest rates.”

Curtin goes on to point out a balance in the recent trends, stating that while younger consumers are likely to favor positive income trends, they are also more likely to borrow and thus more likely to be the ones impacted by rising interest rates, while older consumers will tend to have a more disfavorable view on the impact of rising costs but will benefit from the increased rates on their savings.

Market Reaction

The price of gold has fallen considerably over the course of the day following a volatile crude oil market and a surging Producer Prices Index. While consumer sentiment remains high, the recent financial and consumer data all supports the Fed introducing a fourth rate hike this December which will likely have a bearish effect on gold.

Spot gold is now down -1.18% and trading at $1,208.45/oz with December Comex Futures down -1.3% and trading at $1,209.20.