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

Nonfarm Payrolls up an Unexpected 250,000 Positions

Nonfarm payroll employment increased by 250,000 in October, greatly surpassing the predicted increase. The US Bureau of Labor Statistics says the unemployment rate is unchanged at 3.7%.

Nonfarm Payrolls (NFP) is reported as part of the Employment Situation report which also includes the Labor Force Participation Rate, the Unemployment Rate, Average Hourly Earnings and Average Workweek Hours. NFP measures the number of paid employees, and the insight the report can give into the health of the economy and labor market can impact price action in the stock and gold markets, with gold sometimes taking a backseat to those favoring a US dollar strengthened by a flourishing labor market.

Key Takeaways

The number of unemployed people sits at 6.1 million with the unemployment rate at the lowest since 1969.

  • The labor force participation rate rose from 69% to 69.2% in October with little yearly change.
  • The average workweek for employees on private, nonfarm payroll jobs increased by 0.1 hours to a total average of 34.5 hours.
  • Average hourly earnings for nonfarm workers rose in October by 5 cents to $27.30
  • The biggest jobs gains were seen in healthcare, manufacturing, warehousing, transportation, and construction.

With former predictions estimating an increase of 190,000, the 250,000 rise is far greater than expected.

Expert Outlook

"The industry is being a little cautious ahead of the jobs data today ... It's certainly a time for them to take a bit of stock after the volatility in the equities markets," said ANZ analyst Daniel Hynes.

"The job market is doing remarkably well, particularly this late in the expansion," said Jim Baird, partner and chief investment officer for Plante Moran Financial Advisors. "This report adds yet another data point to a narrative that has been positive for the labor market this year. Little seems to stand in the way of the economy finishing 2018 out on solid footing."

Market Response

Gold is down 0.19% and trading at $1,233.75/oz after hitting weekly high of $1,237.39 yesterday, the highest since October 26. December Futures are lagging below the price of spot gold at $1,233.40.

A stronger jobs market can boost dollar spending and make gold less of an appealing choice for investors, which may be being reflected in today’s price action. With the tightening labor market, the Federal Reserve is still expected to go ahead with another rate hike in December.