Or : 121 216,67€/kg 1123,99 € 0,94%
Argent : 1798,51€/kg 13,18 € 0,73%
The 50 pesos weighs 41.67 grams at a fineness of 900, more metal than a one ounce coin. Here is how to work out its value from the gold price, and how to tell a genuine one.
The right gold bar is not the largest your budget allows, it is the one that lets you sell exactly what you need. Premium against divisibility, across nine weights from 5 grams to one kilo.
The gold price per gram is the value of one gram of pure gold at the price of the moment. Here is how to read it, and how to turn it into the value of a coin or a bar.
On 5 August the gold price gained more than 4% in a single session, close to $4,260 an ounce. What is driving the rise, and how to approach buying without trying to time the low.
After the lira fell some 10% in a day, a survey puts gold ahead of the dollar as the place Turks would put their money, 40% against 20%.
Since the fourth quarter of 2016, demand from private buyers for gold coins and bars has not been higher: 86 tonnes in China, twice the five-year average in the United States, and a doubling in Turkey.
Gold protects against inflation, so the saying goes. Over two thousand years, yes. Over the last fifty, inflation explains only 16% of its moves. The real link runs through real interest rates.
Jewellery demand in the United States is at a twelve-year high and Swiss gold exports to China are back above 75 tonnes: two signs that final demand is following the gold price up.
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