Chiamaci: +49-69-348-77570, Monday-Friday 9am-5pm
Richiesta di informazioni 
Grazie per la richiesta

La richiamiamo noi tra pochi minuti.

Search Cerca

Gold Price

Origin, Significance, And Outlook

Physical gold is mostly bought and sold in OTC trading. By far the most important trading center since 1919 is the London Bullion Market. In twice held daily gold fixings the London Bullion Market Association sets the quality requirements to demand the "Good Delivery" standard, which includes a minimum purity of 99.5%. The fixed price is, however, always pure gold.

Parallel to the establishment of the U.S. dollar, gold price is quoted depending on the exchange rate of the Euro and British Pound. The current price of gold in Euros is almost never identical to the price in U.S. Dollars due to fluctuations in currency. It is useful to see gold as a commodity whose pricing is the relationship between supply and demand due to, yet still independently, changes in currency. In history, gold has always played a role as a reference for other currencies. Currencies were tied to the existence of gold deposits. From 1944 to 1971 this was under under the Bretton Woods system- the case in which the world's leading currency, the U.S. dollar, derived its legitimacy from the gold reserves of the United States. In August of 1971, under U.S. President Richard Nixon, the price of gold in U.S. dollars picked up, making the non-referential increase to the money supply in the form of a so-called fiat currency possible. Although gold has lost its importance as a stabilizing element for the U.S. dollar, it is still an indicator of the value of the U.S. currency. The price of gold today is like the "anti-dollar".

Gold Price In The Twenty-First Century

On each of the long-term gold price charts the phenomenal rise in gold prices in the 2000s with a temporary high in 2011 may well be read in reverse: that is, as a massive devaluation of the U.S. Dollar. In particular, this is demonstrated by the accelerated rise in prices in 2008, as a result of the banking crisis. During this time the scenario of a collapse of the dollar-based financial system was quite real. The reason that you cannot read this devaluation in the exchange rate, for example in the Euro, is because the European currency itself has lost much of its attractiveness. The yen, which reflects the strength and weakness of the Japanese economy, is not as good of a benchmark for the U.S. dollar. Gold, or the price of gold, plays a role that can currently not be replicated by any official currency. Halfway recognizable is the loss of value of world currency (except in gold) against the Chinese Yuan. This currency is however still not freely tradable and is set with ranges of variation tolerated by the Chinese government.

Gold Price Forecast

The relative decline of the U.S. economy, the inability of the Euro to take on the role of world reserve currency, and the uncertainty of China's ambitions having their own currency- taken together are a good starting point for a long-term rise in the gold price. According to OECD estimates in November 2012, the United States will lose its position as world's largest economy to China in 2016. The International Monetary Fund already came to the same conclusion in April 2011. It is economically unreasonable to assume that the U.S. dollar can keep long beyond that date as the world reserve currency. It is equally unlikely that China will be able to accommodate the Yuan’s ascencion at such short notice. The result is likely to be great confusion and uncertainty.. Nobody can predict what the global financial system will look like in ten or even five years. This uncertainty is what will elevate the price of gold to new heights. Gold has been and always will be a safe haven in times of economic turmoil.

Investing In Gold

While there are numerous ways to make money indirectly by investing in gold - options and certificates on gold and the shares of gold mining companies - none of these can equal in security the investment in physical gold. Physical gold as an investment is mainly available in two forms: gold bars and gold coins. Due to higher production costs and the collector value, the price of coins is slightly higher than that of bars. Gold bars also has a proprietary security feature like that found on banknotes or identity cards. Argor-Heraeus is a licensee of this technology for gold bars.

Gold Bars And Gold Coins

Gold bars are available as parts of an ounce, multiples of one troy ounce, grams, or kilograms and again as parts or multiples of these units of weight. Heavier gold bars and gold coins are cheaper than those in relation with lower weight. The price of gold for 1kg bars is therefore significantly less than the price of 1000 1g-bars. This rule also applies to gold coins. Troy ounces, parts, and multiples are much more common than expenditures in grams or kilograms. Among the most famous gold coins include Gold Eagle (USA), Krugerrands (South Africa), Maple Leaf (Canada) Gold Panda (China) and Vienna Philharmonic (Austria).

Actual Gold Price in Euro Ask Bid
EUR 1/4oz 7,78g 289,709 289,651
EUR 1/2oz 15,55g 579,418 579,302
EUR 1oz 31,10g 1.158,835 1.158,604
EUR 2oz 62,20g 2.317,671 2.317,209
EUR 5oz 155,51g 5.794,177 5.793,021
EUR 10oz 311,04g 11.588,354 11.586,043
EUR 12oz 373,24g 13.906,025 13.903,251
EUR 20oz 622,07g 23.176,708 23.172,085
EUR 25oz 777,59g 28.970,884 28.965,107
EUR 1,0g 37,257 37,250
EUR 2,0g 74,515 74,500
EUR 5,0g 186,287 186,250
EUR 10,0g 372,574 372,500
EUR 20,0g 745,148 745,000
EUR 25,0g 931,436 931,250
EUR 50,0g 1.862,871 1.862,500
EUR 100,0g 3.725,742 3.724,999
EUR 200,0g 7.451,485 7.449,998
EUR 250,0g 9.314,356 9.312,498
EUR 500,0g 18.628,712 18.624,996
EUR 1kg 37.257,423 37.249,992
EUR 2kg 74.514,846 74.499,984
EUR 5kg 186.287,115 186.249,960
10/21/16 02:32:32
No responsibility is taken for the correctness of this information!
Actual Gold Price in US-Dollar Ask Bid
USD 1/4oz 7,78g 316,420 316,270
USD 1/2oz 15,55g 632,840 632,540
USD 1oz 31,10g 1.265,680 1.265,080
USD 2oz 62,20g 2.531,360 2.530,160
USD 5oz 155,51g 6.328,400 6.325,400
USD 10oz 311,04g 12.656,800 12.650,800
USD 12oz 373,24g 15.188,160 15.180,960
USD 20oz 622,07g 25.313,600 25.301,600
USD 25oz 777,59g 31.642,000 31.627,000
USD 1,0g 40,693 40,673
USD 2,0g 81,385 81,347
USD 5,0g 203,463 203,366
USD 10,0g 406,926 406,733
USD 20,0g 813,851 813,465
USD 25,0g 1.017,314 1.016,832
USD 50,0g 2.034,628 2.033,663
USD 100,0g 4.069,256 4.067,327
USD 200,0g 8.138,511 8.134,653
USD 250,0g 10.173,139 10.168,317
USD 500,0g 20.346,279 20.336,633
USD 1kg 40.692,557 40.673,266
USD 2kg 81.385,114 81.346,532
USD 5kg 203.462,785 203.366,330
10/21/16 02:32:32
No responsibility is taken for the correctness of this information!
Actual Gold Price in British Pound Ask Bid
GBP 1/4oz 7,78g 258,323 258,264
GBP 1/2oz 15,55g 516,646 516,528
GBP 1oz 31,10g 1.033,293 1.033,056
GBP 2oz 62,20g 2.066,585 2.066,111
GBP 5oz 155,51g 5.166,463 5.165,278
GBP 10oz 311,04g 10.332,925 10.330,557
GBP 12oz 373,24g 12.399,510 12.396,668
GBP 20oz 622,07g 20.665,850 20.661,114
GBP 25oz 777,59g 25.832,313 25.826,392
GBP 1,0g 33,221 33,214
GBP 2,0g 66,442 66,427
GBP 5,0g 166,106 166,068
GBP 10,0g 332,211 332,135
GBP 20,0g 664,423 664,270
GBP 25,0g 830,528 830,338
GBP 50,0g 1.661,056 1.660,676
GBP 100,0g 3.322,113 3.321,351
GBP 200,0g 6.644,225 6.642,702
GBP 250,0g 8.305,282 8.303,378
GBP 500,0g 16.610,563 16.606,756
GBP 1kg 33.221,126 33.213,512
GBP 2kg 66.442,252 66.427,024
GBP 5kg 166.105,630 166.067,560
10/21/16 02:32:32
No responsibility is taken for the correctness of this information!
Actual Gold Price in Swiss Franc Ask Bid
CHF 1/4oz 7,78g 314,490 314,246
CHF 1/2oz 15,55g 628,980 628,492
CHF 1oz 31,10g 1.257,959 1.256,983
CHF 2oz 62,20g 2.515,919 2.513,967
CHF 5oz 155,51g 6.289,797 6.284,917
CHF 10oz 311,04g 12.579,594 12.569,835
CHF 12oz 373,24g 15.095,512 15.083,802
CHF 20oz 622,07g 25.159,187 25.139,670
CHF 25oz 777,59g 31.448,984 31.424,587
CHF 1,0g 40,444 40,413
CHF 2,0g 80,889 80,826
CHF 5,0g 202,222 202,065
CHF 10,0g 404,443 404,130
CHF 20,0g 808,887 808,259
CHF 25,0g 1.011,108 1.010,324
CHF 50,0g 2.022,217 2.020,648
CHF 100,0g 4.044,433 4.041,296
CHF 200,0g 8.088,866 8.082,592
CHF 250,0g 10.111,083 10.103,240
CHF 500,0g 20.222,166 20.206,479
CHF 1kg 40.444,332 40.412,958
CHF 2kg 80.888,664 80.825,916
CHF 5kg 202.221,660 202.064,790
10/21/16 02:32:32
No responsibility is taken for the correctness of this information!
Informativa cookies su questo sito - Questo sito internet utilizza i cookies per migliorare l'esperienza dell'utente durante la navigazione. Visitando i contenuti del sito senza modificare le impostazioni dei cookies, si acconsente automaticamente al loro utilizzo.