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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.

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

Gold Price Calculators

Gold Price Remains Stable as Jobless Claims Rise Slightly

The week ended May 25 saw a slight increase in initial jobless claims which rose by 3,000 to 215,000, in line with market expectations. The labor market is still considered to be at its strongest point in decades.

Key Takeaways

  • Jobless claims, a measure of layoffs, rose 3,000 to 215,000 as expected.
  • The monthly average dropped by 3,750 to 216,750.
  • Continuing claims dropped 16,000 to 1.66 million for the week ended May 16.

Last month, jobless claims hit the lowest level since 1968, indicating a stable, tight labor market with a low rate of layoffs. The less-volatile four-week moving average of initial claims dropped 3,750 places, showing that the overall trend is positive.

Claims continuing after an initial week of aid fell by 26,000, 5% lower than the same time last year, and the four-week average of continuing claims dropped 15,000 between the May and April survey periods. The level of unemployment hit 3.6% in April, near a 50-year low.

The labor market continues to be the healthiest component of the US economy which faces strong headwinds elsewhere in areas such as housing, manufacturing, and trade. The ongoing standoff with China continues to impact multiple industries nationwide, but to date there has been no sign of this impacting employment.

The economy is expected to continue to grow and is still on track for its longest period of expansion in history come summertime. The latest reading for Q1 GDP shows economic growth for the first three months of 2019 at a healthy 3.1%, revised downward from the initially reported 3.2% figure.

Market Reaction

Gold prices have seen little reaction to recent economic data regarding Q1 growth or jobless claims. Spot gold is currently trading down 0.02% at $1,280.40/oz with a high of $1,282.87/oz and a low of $1275.22/oz. The precious metal has struggled to find momentum so far in today’s market with stable, sideways activity seen so far.