Daily prices for gold and silver

Vivkins3 | 21:50 Mon 23rd May 2011 | Business & Finance

10 Answers

Please does anybody know of a website where I can get a daily update on gold and silver prices?

I've searched the Daily Mail money pages for ages and jsut keep going round in circles.

Thanks in advance.

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supapapa

Try this http://www.hattongard...crap-gold-prices.aspx

Vivkins3

Question Author

That's a "we wanna buy your gold" site - what I'm after is the commodities prices.

exdc

http://www.taxfreegol...k/goldpriceslive.html

-- answer removed --

Vivkins3

Question Author

It looks like we're getting there but I'd love a little chart which says something like:

Todays prices:

9 ct gold £xx per gm
18 ct gold £xx per gm
22 ct gold £xx per gm
925 Silver £xx per gm

etc etc ...

exdc

Would this help?

http://www.dendritics...scales/metal-calc.asp

-- answer removed --

Vivkins3

Question Author

Thanks very much - I thought they published these figures in the Daily Newspapers but couldn't find anything in the Daily Mail online money pages.

Was tearing my hair out....

Buenchico

Gold isn't traded in different qualities on the commodities markets. Only 'pure' gold (24ct) is traded. Further, international commodities markets don't trade in sterling, they trade in dollars. And they don't trade in grams, they trade in troy ounces.

So even British sources will quote gold prices according to those standards. The Financial Times, for example, is currently reporting the price of gold as $1512.30 per 100 (troy) ounces at the end of today's trading:
http://www.ft.com/markets/commodities

The CNN website uses the same standards, but includes silver as well:
http://money.cnn.com/data/commodities/
(Again you need to remember that it's 'pure' silver that's being traded, not the stuff that your silver jewellery is made from).

If you want to try some conversions, here's the percentage of pure gold in the various carat standards (rounded to 1 decimal place)
22 ct = 91.6%
21ct =87.5%
20ct = 83.3
18ct = 75%
15ct = 62.5%
14ct =58.5%
10ct = 41.7%
9ct = 37.5%
8ct = 33.3%
1ct =4.2%

Also 1 troy ounce = 31.1034768g

'Fine silver' is almost pure (99.9%) but 'sterling silver' only contains 92.5% silver content.

Chris

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