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

Strong Job Growth in February as Unemployment Falls to 3.5%

The labor market outperformed expectations in February according to the latest report from the Labor Department, with 273,000 new jobs added to the market last month vs. 175,000 expected. The unemployment rate fell back to 3.5%, with companies continuing to hire in the US despite market concerns surround the escalating coronavirus outbreak developing worldwide.

Key Takeaways

  • February added 273,000 jobs last month and unemployment fell to a rate matching a 50-year low.
  • Job growth was forecast at just 175,000 for February.
  • The average workweek rose to 34.4, indicating increased productivity, and hourly earnings rose 3%.

February saw unexpected strength in labor with a surge of hiring despite the virus outbreak. December estimates were revised upward from 147,000 jobs to 184,000 jobs ,and January estimates rose from 225,000 to 273,000, a total of 85,000 extra jobs previously unaccounted for, bringing the three-month average to 243,000.

Healthcare and social assistance added 57,000 jobs, food and services added 53,000, and government employment added 45,000. Construction added 42,000, professional and technical services added 32,000, and finance rose by 26,000. The latest jobless claims data indicates that layoffs have not increased so far as a result of the coronavirus outbreak, despite an increasingly large number of companies reporting disruption to their processes and supply chains. According to job placement firm Challenger, Gray, and Christmas, layoffs dropped 16% since January.

While the labor market appears to be in very good health for the time being, analysts are still concerned about the potential impact of the coronavirus outbreak. The Federal Reserve implemented the first emergency rate cut since the 2008 financial crisis on Tuesday to shield the economy from some of the fallout, triggering a sellout in equities and strengthening the price of gold. The central bank of Canada has also implemented a matching 50 basis point rate cut.

Expert Outlook

Charles Schwab investment strategist Liz Ann Sonders commented on the significance of the labor market data, saying it’s more important than ever to focus on these reports. Sonders pointed out that reports of

 “If we start to handle things the way they’re handled in Italy and South Korea, closing schools and having mandated cancellations of travel and sporting events, I think there’s no way we don’t start to see it in the labor market and in consumer confidence and spending,” Sonders said.

Market Reaction

Gold prices have seen upward momentum in today’s session, adding to yesterday’s gains. Spot gold last traded at $1,683.38/oz, up 1.02% with a high of $1,689.86 and a low of $1,666.31/oz. Gold prices have been influenced by market panic surrounding the coronavirus outbreak and the recent Federal Reserve rate cut, strengthening the demand for gold as a safe haven asset.