Precious Metal Prices View current price charts
WHO SETS THE GOLD SPOT PRICE? When you examine how the worldwide Gold spot price is determined, you will see that it is quite complex. The massive Gold proxies and derivative leverage involved in determining the Gold price have made the process so convoluted that even experts believe that it is becoming impenetrably difficu...
One of the most important reasons people buy Gold is because it helps balance their portfolio. Gold's value often increases with economic downturns, the devaluation of the dollar and geopolitical turmoil, making the price of Gold today often worth the investment. Many consider Gold a safe haven for this very reason and, whe...
How can you buy close to spot price and really stretch your investment dollar? Here are some ways for you to maximize your capital and get the most bang for your buck: DECIDE WHICH PRECIOUS METAL PRODUCTS INTEREST YOU Bullion pieces such as bars and rounds generally command lower premiums, while coins can boast wildly differ...
Platinum is much rarer than both Gold and Silver — so rare, in fact, that all of the Platinum ever mined could potentially fit in your home. The rarity of Platinum cannot be overstated because it has a vast array of uses, particularly industrial use, including catalytic converters, laboratory equipment and even dentis...
Coin enthusiasts are generally more concerned with the collectibility of a piece — its value as art and history — rather than its Precious Metal content. However, the best way to understand the value of the art, history, and scarcity of a coin is to know the value of the metal content. Fortunately, that is easy to...
If you have sizable Gold holdings, you may need to know what to do in the event you want or need to sell Gold. Also, where do you sell it? And is it a good time to sell? APMEX provides resources for our customers to both buy and sell Precious Metals. We make it easy to sell your Gold, from locking in your price to getting ...
When researching Gold prices, you most commonly see the price of Gold listed by the ounce. As an investor, it is important to also know the price of Gold per gram and kilo. There are several Gold bullion products listed in these weight categories. If nothing else, knowing the Gold price for any weight gives you a better i...
If you have sizable Silver holdings, you may need to know what to do in the event you want or need to sell Silver. Also, where do you sell it? And is it a good time to sell? APMEX provides resources for our customers to both buy and sell Precious Metals. We make it easy to sell your Silver, from locking in your price to ...
What is Premium Over Spot?
Can I Buy Precious Metal Coins, Bars or Rounds at Spot Price?
Gold to Silver Ratio
What is Bid Price Vs Ask Price?
Why are Prices Higher on Paper Currency Products than Bullion
Understanding the Price of Silver
Historic Precious Metals Price Spikes
History of Silver Prices
Precious Metal Sizes Conversion Chart
Factors that Influence the Precious Metals Market
How the U.S. Dollar Influences Precious Metals Prices
Precious Metals and Your Purchasing Power
Price is a determining factor in all things we buy, or consider buying. Indications of price also help us determine whether we should sell or trade. It dictates our motives and our actions and is an important factor of where we determine the value of the purchase. For Precious Metals, the “price” is the beginning. Some examples of the price people see with Precious Metals are spot Silver prices or what 1 oz Silver prices look like.
It is important to look at the Gold price per oz or the price of Gold as a whole, but it is also important to know how it got there and why that affects your decision to buy or sell. Simply put, the “price” of metals is a little more involved and requires analysis and understanding. In this section, you will find useful information on Precious Metals value and spot price information that will help you make a better purchasing decision.
Buyers and investors have to consider the “price” versus other factors such as premium, spot, bid, and Gold or Silver rate per oz. Precious Metals prices are not as apparent or easily understood as a price tag on merchandise. Being educated on metals prices will give you better understanding of the value and provide a better evaluation of the Precious Metals market. The tools provided here are informative and essential in providing a lasting product investment. Price includes all Precious Metals including Platinum and Palladium. There is every bit as much Platinum value as there is Gold or Silver value. Even though the price fluctuates, the value remains high.
Like the price on merchandise, price fluctuations are common. Monitoring Precious Metals prices helps determine your purchasing ability. Whether you are investing for the short term or investing for long-term value, monitoring the spot price and the price of metals per ounce will help you make a more educated decision. Historically, the price of Precious Metals, including Platinum and Palladium, move differently than commodities like the stock market. While this is an advantage, it is still a viable tool to keep handy when deciding on the value of your Precious Metals purchase. Because it is difficult to determine how much the price of Precious Metals will move, there are some indications to monitor that can influence the price per ounce of metals.
- Supply and Demand: A common factor in price fluctuations, supply and demand play a large role in determining price for Precious Metals. Some Precious Metals are more immune to this factor, but it is still important to monitor the supply and demand for Precious Metals. As metal demand increases, the price increases. A rise in price could be temporary, but the value remains stable.
- Government Reserves: The more Precious Metals are sold by the reserves, the higher the price. When the reserves start buying Gold in larger quantity, this also serves as a reason for Precious Metals prices to fluctuate because it causes a large demand for metals. Building up the Precious Metals reserves does not go unnoticed by the markets.
- Central Bank Stability or Instability: Many countries have a central bank, such as in the United States' case the Federal Reserve. Economic policies and bank failures can lead to price fluctuations of Precious Metals. Any hint at central bank instability can cause a market anomaly that affects the demand for Precious Metals to cover. Whether in paper form or physical form, the demand for Precious Metals goes up to help return stability.
- Currency Devaluation: Global currency devaluation is another reason Precious Metals price per ounce goes up. While the prices do go up, the metal holds its value past the realm of economics and politics. This is certainly a good reason investors buy Precious Metals.
- Global Crisis: With a lack of confidence in financial markets, the prices of metals go up. Any global crisis, wherever it may be, will affect financial markets. The metals pricing acts as a safety net during any kind of political tumult or upheaval.
Historically, the price of Precious Metals grows during times of financial uncertainties. When you monitor the price of Precious Metals, it is vital to note its rise in value throughout history to have a better understanding of its importance. Price fluctuations of Precious Metals maintain its stability because it is a sign of intrinsic value that has existed with Precious Metals through time.
You will not hear terms such as bid price and premium over spot when talking about everyday merchandise. There is a clear distinction between the two and it is important to know the difference before buying or selling Precious Metals. A metal's spot price is the market price of the metal that fluctuates from minute to minute, just like a normal stock.
The premium is the additional cost of Precious Metals over the spot price. Whether you are a beginner or are experienced in buying or selling Precious Metals, seeing the premium price over spot can work in your favor. Think of premium over spot as the “overhead” of the Gold or Silver price charts. This is another area to consider before purchasing metals.
If you are selling, bid price versus asking price is good to know. Bid price is the price at which the dealer is willing to buy your product. Asking price refers to the price the dealer offers to sell their product to you. These numbers are important because it adds a dimension for you to determine what value you have with your Precious Metals.
The price of Precious Metals is more involved than meets the eye. Whether you are looking for Gold price or prices for Precious Metals per ounce, these resources will help you find the right answers to the questions you seek. Don't be fooled by the fancy terminology or the confusing rhetoric involved with Precious Metal pricing. Buy prices will change, but whatever your motivations are, the metal price will dictate your moves. Get the necessary information you need for the best decision.