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

Producer Prices in July Indicate Flat Wholesale Inflation, Gold Price Ticks Downward

The Producer Price Index rose 0.2% in July on a monthly basis compared to 0.1% the month prior, with no rise in the flat annual reading of 1.7%. The monthly reading is in line with market expectations.

Key Takeaways

  • Wholesale inflation appears to have ground to a halt, with little sign of an acceleration on the horizon.
  • Core-PPI, which excludes the volatile components of food, energy, and trade margin costs, fell -0.1%, the first decrease in almost four years.

The wholesale cost of goods and services rose modestly in July, although from a broader perspective, inflation has lost all momentum. The cost of core wholesale prices dropped from 2.1% to 1.7%, the lowest level since late 2016. Wholesale goods prices rose 0.4% in July with increased costs in gasoline which is typically price-volatile. Energy prices are still 4.4% lower than in July 2018.

Wholesale food prices rose 0.2%, and wholesale services dipped -0.1%, the first decrease in the last six months. The dip was largely driven by a major drop in the cost of renting guest rooms. The cost of partly-finished goods has fallen 2% over the last year, and raw materials costs are down 10%, giving no indication of an uptick in wholesale inflation pressure in the near future.

Lower oil prices have played a role in the weak inflation pressure. The Federal Reserve voted to implement the first interest rate cuts in a decade last month, with another rate cut likely in the cards for the end of this month as well. Only last year, the Fed was raising rates to prevent inflation from getting out of hand, but now rate cuts are deemed necessary to hedge against recession as the trade war between the US and China continues to escalate.

Market Reaction

Gold prices have returned near daily lows following the news of tame inflation pressure. Spot gold last traded at $1,498.46/oz, up 0.05% with a high of $1,509.08/oz and a low of $1,497.11/oz. Gold is still up on the day as risk aversion returns following a sell-off in the stock market yesterday.