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

Tame Inflation Pressures May Prompt Rate Cuts, Gold Price Holds Firm

Consumer prices measured by the personal consumption expenditures (PCE) price index rose 0.2% in May. The core-PCE index, a key metric used by the Federal Reserve to gauge inflation pressure, rose by 1.5% annually, down from April’s 1.6% rise.

Key Takeaways

  • A rebound in food prices was offset by small gains in the cost of other goods.
  • The core-PCE index rose by 1.6% in the 12 months through May, matching 1.6% in April.
  • The PCE index rose by 1.5% in April. The results in both cases are in line with expectations.

Excluding the volatile components of food and energy, the PCE price index rose by 0.2% in May. This so-called core PCE price index rose by 1.6% annually in both May and April. The core PCE is used to measure inflation which is well below the Federal Reserve’s 2% target for 2019. The Fed has downgraded its 2019 target from 1.8% to 1.5%, and recently signalled that it may implement rate cuts this year due to the headwinds created by the ongoing trade war as well as low inflation. Fed Chairman Jerome Powell dropped language referring to weak inflation pressure as transient.

Consumer spending rose by 0.9% annually for Q1, the slowest rate in a year while the Q1 GDP grew by 3.1%. Q2 GDP expectations are currently below 2%. Strong spending and income growth should continue to support the current period of economic expansion even amid a global slowdown.

Expert Outlook

“The trend seems to be getting back toward the pace that the Fed will be more comfortable with,” said Stephen Stanley, chief economist at Amherst Pierpont Securities LLC. “The question really is how patient they want to be.”

Earlier this week, Powell said recent data show that the inflation undershoots “may be more persistent than we had hoped.” 

Market Reaction

Gold prices are currently trading at $1,412.21/oz, with 0.04% growth on the day, a high of $1,423.85/oz, and a low of $1,406.44/oz. Gold prices have seen little reaction to the news of tame inflation pressure.