Over the past several decades, the price of gold has been influenced by many different factors. What has Driven Changes in the Gold Price? You can even view a historical inflation-adjusted gold price chart using the 1980 CPI formula.įor easy reference, this page also contains a simple table that provides gold’s price change and percentage change using a single day, 30 day, six month, one year, five year and 16 year timeframes. Dollars, you can also view historical gold prices in numerous alternative currencies such as British Pounds, Euros or Swiss Francs. In addition to viewing historical gold price charts in U.S. For example, if gold has pulled back to $1200 per ounce on numerous occasions but is met with heavy buying interest each time, then the $1200 area could be considered a level of support and could potentially be a good area to try to buy at. Although it remains to be seen, gold’s declines from the 2011 highs could simply prove to be a pullback within an even longer-term uptrend.Įxamining historical gold prices can potentially be useful in trying to identify potential areas of price support to buy at. Gold has since been moving lower, but could have possibly found a bottom in 2016. Looking at the big picture, gold trended higher for many years before making all-time highs in 2011 of nearly $2000 per ounce. Looking at historical gold prices may potentially provide information that may assist in buying or selling decisions. If you are looking to invest in gold for the long-term, you may be better off using longer timeframes such as weekly, monthly or yearly. If you are simply looking to buy and sell gold as a swing trader, you may focus on the hourly or six hour charts. The timeframe you decide to look at may depend on your investment objectives. You can also easily examine historical gold prices on a much smaller time horizon from 10 minutes to three days to 30 days to 60 days and up. On the other hand, a stronger dollar may make gold relatively more expensive in other currencies due to exchange rates. Dollars, if the dollar is weaker then someone buying gold in yen or euros may find gold to be relatively less expensive. For example, because gold is typically denominated in U.S. Depending on the currencies being used, you may find a better long term value. You can view these gold prices in varying currencies as well, seeing how it has performed over a long period of time. The chart at the top of the page allows you to view historical gold prices going back over 40 years. If you are considering an investment in gold, you may want to take a look at the metal’s price history. This page features a wealth of information on historical gold prices as well as gold price charts. When you return to the cookie will be retrieved from your machine and the values placed into the calculator.Ī range of other useful gold and silver calculators can be found on our Calculators page Pressing the button will place a cookie on your machine containing the information you entered into the Holdings Calculator. If your browser is configured to accept Cookies you will see a button at the bottom of the Holdings Calculator. The spot price of Gold per Troy Ounce and the date and time of the price is shown below the calculator. Totals for Gold and Silver holdings including the ratio percent of gold versus silver will be calculated. The Current and Future Gain/Loss will be calculated. Optionally enter number amounts for Purchase Price and/or Future Value per unit of weight chosen. The Current Value for the amount entered is shown. The current price per unit of weight and currency will be displayed on the right. If you wish to select a currency other than USD for the Silver holdings calculator. NOTE: You must select a currency for gold first, even if you don't enter a value for gold holdings. Select Ounce, Gram or Kilogram for the weight. The Holdings Calculator permits you to calculate the current value of your gold and silver.Įnter a number Amount in the left text field.
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