Gold rate

Get all the essential market news and expert opinions in one place with our daily newsletter. Receive a comprehensive recap of the day's top stories directly to your inbox. Sign up here! The highly anticipated inflation report revealed a contradictory outlook for the U.S. On the surface, inflation cooled to a 4% annual rate, marking the lowest level in more than two years. However, the core CPI number, which the Fed pays closer attention to because it strips out volatile food and energy prices, ran at a pace of 5.3%, down from 5.5% but slightly hotter than market consensus calls. Analysts remain cautious despite cooling inflation, which unlocks a pause option for the Fed. "Today's data should lock in a pause at the June FOMC meeting, i.e. no rate hike," said Wells Fargo's economists Sarah House and Michael Pugliese. "However, we expect Chair Powell's press conference and the latest Summary of Economic Projections to signal that one more rate hike is still in the cards." And if the Fed is still dealing with core inflation between 3% and 3.5% at the end of the year, markets won't be expecting rate cuts any time soon either. "Directional progress should not be confused with mission accomplished," House and Pugliese added. "There is a lot of ground to cover between the 5.0% run rate of core inflation today and the FOMC's 2% goal." After the CPI data on Tuesday, markets were projecting a 92% chance of a pause on Wednesday and a 60% chance of a 25-basis-point hike in July, accor...

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 On this page you can view the current price of gold per ounce, gram or kilo. Gold is usually quoted by the ounce in U.S. Dollars. The gold price can, however, b...

Gold Price Guide WHAT MAKES GOLD A PRECIOUS METAL? This is a classification of specific metals that are considered rare and have a higher economic value compared to other metals. There are five main precious metals openly traded on various exchanges, gold is the biggest market. Gold is sometimes referred to as monetary metals as it has historical uses as a currency and is seen as a store of value. While relatively small, gold does also have an industrial component because it is less reactive, a good conductor, highly malleable and doesn’t corrode. WHAT IS SPOT GOLD? The spot gold price refers to the price of gold for immediate delivery. Transactions for bullion coins are almost always priced using the spot price as a basis. The spot gold market is trading very close to 24 hours a day as there is almost always a location somewhere in the world that is actively taking orders for gold transactions. New York, London, Sydney, Hong Kong, Tokyo, and Zurich are where most of the trading activity takes place. Whenever bullion dealers in any of these cities are active, we indicate this on our website with the message “Spot Market is Open”. For the high and low values, we are showing the lowest bid and the highest ask of the day. GOLD PRICE - FUTURES MARKET The gold futures market is one of a number of commodity futures, wherein contracts are entered into, agreeing to buy or sell gold at a certain price at a specified future date. Gold futures are used both as a way for gold producer...

Gold, a precious metal, mostly appears in alloys and only rarely in its pure form. Because of its physical properties, it is resistant to air, moisture, heat and many solvents. Gold also has a high density. Gold is regarded as a secure investment and is very popular as a means of coverage in times of crisis. Its high value and its rarity and uniqueness make gold a secure financial investment which also withstands inflation. (read more) Gold was extracted in Egypt as early as 2000 B.C. and the first gold coins were minted in 50 B.C. in Rome. This shows that people have always been fascinated by gold and by its rarity, durability and beauty. Because of its properties, gold is also one of the most important industrial raw materials. The yellow precious metal is easily workable and conducts electricity and heat. Because of its excellent conductivity, gold is used particularly in the electrical industry. Gold has also been used in dental technology for around 3000 years. However, gold is used most frequently in the jewelry industry. This line of business accounts for around 75 per cent of the gold worked. Apart from the Antarctic, where mining is not allowed due to international regulations, the precious metal is mined on all continents. With a market share of 16 per cent, South Africa is the most important producer of gold. Global stocks of gold have continuously increased in recent decades and are currently at their highest level. This is also due to the fact that gold, unlik...

Gold Converter The gold price is always quoted in troy ounces but can be converted into any quantity a person wants to buy or sell. Gold spot prices are universal, as most gold markets use live gold prices listed in U.S. dollars, so the price of APMEX allows you to convert the gold spot price to many different currencies and calculate based on quantity, the unit of measurement, and purity to make the best purchasing decision. When someone refers to the price of gold, they usually refer to the spot price. This metal is considered a commodity and is typically valued by the weight of the pure metal content. Today’s spot price of gold, like all days, is constantly changing according to many variables. However, today’s gold price could also refer to the total percent change of the spot price, as calculated relative to the price at the start of that trading day. APMEX lists live gold prices and Gold bullion refers to a gold product valued by and sold primarily for its metal content and does not contain any numismatic or collectible value. Gold bullion often appears in the form of Browse our broad selection today and Silver bullion refers to a silver product valued and sold for its metal content. Silver bullion's worth is dependent on the The spread, or the bid-ask spread, is the difference between the asking price of gold per troy ounce and the bid price of gold and represents the dealer’s profit. Dealers will offer to sell gold to you for the asking price, and when you decide t...