Investors understand the importance of staying informed about spot prices for their preferred precious metals. Price fluctuations can make all the difference between a profitable investment and a missed opportunity. We provide real-time precious metals price charts for gold, silver, platinum, and palladium—all in one place. No need to scour multiple sources; simply click the buttons below to access the current price per ounce.
Our spot price charts mark the progress of their metals from January 1995 to the present day. The date range labels the x-axis, while the price in USD is assigned to the y-axis of each chart. You can choose to view the precious metals price per ounce in several different timeframes, including:
No matter which timeframe you choose, each chart is live on the page. In other words, you can hover the cursor over the entire range and see more detail about the individual gold and silver prices reached on each particular day.
To be clear, the prices that make our data charts are the closing prices for those days. The intraday prices for each metal can vary wildly, and the closing price does not provide any comment on the volatility of the price throughout the day (unless you’re looking at the 1 day chart).
The different available timeframes can also help you understand whether the metal’s recent performance is more or less volatile in comparison to its typical trading. You might want to get into the market and grab some quick profit, or you may decide that it’s too dicey. On the other hand, you might see things settling down and decide that the time to buy gold or silver is now.
Finally, one of the nicest things about our gold and silver price charts is that they are tabs within the same document. Thus, it is easy to compare the price ratios of different metals and decide which metal you think is ready to buy or to sell.
The gold-to-silver ratio is the ratio of the spot prices for gold and silver. To get to the ratio, you divide the spot price of gold by the spot price of silver.
At present, the gold/silver ratio is over 90:1, a reflection of the tremendous uptick in the spot price of gold in the last few years. Since the beginning of the floating rate currency system in the early 1970s, the ratio has averaged around 65:1.
Investors can use the gold-silver ratio to guide their investment strategy. The conventional wisdom involves the use of the 80/50 rule. If the ratio rises above 80, it can be a signal to increase one’s investments in silver and/or decrease your investments in gold. If the ratio is below 50, it may indicate a good time to turn back to gold, not silver.
However, we would caution you against making a decision based on one single metric or indicator. Savvy investing requires a more holistic approach, where you consider the factors influencing the ratio and other factors related to buying gold or silver.
The hidden element in all of these price charts is that they are calculated in terms of fiat currency. So, in a way, they – especially the gold chart – are commentary on the stability of the dollar and the market’s overall faith in its value.
Thus, the performance on the charts tends to vary inversely with the condition of the overall economy. As inflation increases and/or consumer confidence falls, more people turn to gold, silver, platinum, and palladium as a means of hedging against the downturn and securing the value of their net worths.
The ideal thing to do is to try and find the best deals you can fit into your budget. We often have limited-time offers on certain products, where our premium is dramatically lower than usual and may be at or just above the spot price. If you’re not planning to buy regularly, you might as well try to grab a short-term deal.
Provident Metals has plenty of those deals waiting for you. At any given time, we may have offers on gold or silver coins, bars, and rounds of gold, silver, and platinum. We may also offer discounts on palladium from time to time, but it is probably the least-traded of the four.
Provident is also a trusted provider with decades of service and a sterling reputation among our hundreds of thousands of customers. We want to help you achieve your goals and will never use high pressure sales tactics.
Instead, you can call (800) 313-3315 Monday through Friday between 8 am and 6 pm Central. You can also email us at help@providentmetals.com or access our trained counselors via live chat anytime, day or night.
How is Provident Metals’ spot price calculated?
We use a leading spot price service provider to relay the spot prices for the four precious metals. Those spot prices are the running prices for expiring futures contracts on the Commodity Exchange, or COMEX.
How often do precious metals market prices change?
Constantly. The spot price is only a snapshot of the market price at a single moment in time.
How often is the spot price updated on Provident Metals?
In real-time or near real-time. For the most part, our gold and silver prices update as the market itself changes.
What is the difference between the ask, bid, and sell prices?
The ask price is the lowest amount that a seller will accept. The bid price is the highest amount that a buyer will accept. Generally speaking, the bid price is lower than the ask price. The spot price actually has both a bid and an ask price, as the futures contracts are both bought and sold. The spot price you see on our charts is the ask price, as it forms the basis for the prices you pay for our products. The notion of the sell price is largely analogous to the ask spot price.
If you decide to sell to us, we will use the bid spot price as the basis, as the spread between the two makes it a profitable transaction off the bat. However, the actual price at which we’ll agree to buy your products may be somewhere between the two. If you’re new to investing, we suggest checking out our some of our knowledge base articles to learn more about what the spot price is.