GoldPrice.

WHERE THE WORLD CHECKS THE GOLD PRICE

Holdings

Calculators

Gold Calculator Gold

Current Gold Holdings

$

Future Gold Price

Silver Calculator Silver

Current Silver Holdings

$

Future Silver Price

Wealth Summary

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.

Help

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

US homebuilding rose above expectations for November at 3.2% growth or 1.365 additional units. Permits for construction, an indicator of future building, hit above a 12-year high with 1.4% growth. The housing market may be showing signs of an upward trend with rate cuts finally increasing affordability, although builders still report land and labor shortages impacting their business.

Key Takeaways

  • Housing starts rose 3.2% with 1.365 million units built last month, above expectations.
  • Single-family home construction hit a 10-month high, gaining 2.4%, and homebuilder sentiment hit a 20-year high in December.
  • Permits for future homes saw the largest increase since May 2007 with 1.482 million units planned.

The latest report from the Commerce Department indicates that the housing market is regaining momentum after the central bank lowered borrowing costs throughout 2019. The three separate interest rate cuts reduced mortgage rates following multi-year highs last year, and a survey on Monday showed that homebuilder confidence is at the highest level since 1999. October homebuilding was revised higher from 1.314 million units to 1.323 million. November building saw 1.365 million new units vs. 1.345 million expected. Annually, starts rose 13.6% in November.

Single-family homebuilding, which accounts for the largest share of the housing market, rose 2.4% to 938,000 units in November, the highest level since January. Single-family housing rose in the Northeast and West and fell in the Midwest and South, the most populous region. Permits rose 0.8% to 918,000, the highest level in 12 years. Multi-family homebuilding, which is the more volatile component, rose 4.9% to 427,000 units, and permits rose 2.5% to 564,000 units.

While the market is picking up, homebuilding is still limited by land and lot shortages, and mortgage rates have ticked upward in recent weeks following reports from the central bank indicating that no further rate cuts are pending. The fixed rate for a 30-year mortgage rose from 3.49% in September to 3.73% according to mortgage financier Freddie Mac, although this is still below the 2018 peak of 4.94%. Residential investment rose in Q3 2019 after six quarters of decline in a row, the longest such period since the recession which ended in 2009.

Market Reaction

Gold prices have seen little reaction to the news. Spot gold last traded at $1,475.72/oz, up 0.05% with a high of $1,480.28/oz and a low of $1,474.60/oz. The data may have had a reduced effect on the market with traders looking ahead to the holiday season. The increasing likelihood of a trade deal between the US and China may have increased risk appetite in the financial markets, with European and US stock market indices trading near record highs.

 

Conor Maloney

Conor Maloney

Conor Maloney is a journalist with hundreds of articles covering financial markets and topics published on sites like Yahoo Finance and GoldPrice.org.

He is passionate about blockchain, cybersecurity, and financial independence, and he believes in gold as a viable alternative to fiat currency.

Follow Conor at @iWriteCrypto on Twitter.

Gold Price Chart

More articles from Conor Maloney

Jobless Claims Come in Above Expectations, Gold Price Ticks Downward

Unemployment Down to 11.1% With 4.8 Million New Jobs in June, Gold Prices Slip

ISM Manufacturing PMI Beats Expectations, Gold Prices Slip

The Private Sector Added 2.3 Million Jobs in June, May Figures Revised up by 5.7 Million

Home Prices Remained Stable in April, Gold Prices Slip

Tame Consumer Spending Rebound Is Likely Temporary as Incomes Drop, Inflation Remains Flat

Disappointing Jobless Claims Figures Show Little Progress, Gold Price Holds Steady

Durable Goods Orders Recovered 15.8% in May, Gold Price Holds Steady