Why Own Gold? Benefits of Buying and Selling Gold
Gold has historically been viewed as a hedge against inflation and uncertain monetary or fiscal policy. When real returns on bonds and savings decline due to inflation or low interest rates, investors often turn to gold to help preserve purchasing power. Unlike paper currencies or bonds, gold is not directly affected by central bank interest-rate decisions or monetary expansion, which makes it attractive in times of high government spending or policy instability.
Gold as a Hedge Against Inflation
Periods of rising consumer prices tend to reduce the real value of fiat currency. Gold, by contrast, has maintained purchasing power over long periods of time. Data from the U.S. Bureau of Labor Statistics (Consumer Price Index) shows how inflation can erode the value of money, while the U.S. Department of the Treasury tracks the effects of monetary policy on interest rates and bond yields. When inflation outpaces interest earnings, gold often attracts renewed demand as a perceived store of value.
Gold and Central Bank Policy
Gold also serves as a counterbalance to monetary policy risk. When central banks pursue expansionary measures such as quantitative easing or prolonged low interest rates, they can weaken a nation’s currency and raise inflation expectations. The Federal Reserve’s monetary policy page explains how such policies influence the supply of money and the overall economic environment. Investors seeking diversification from currency-linked assets may use gold as part of a broader risk-management strategy.
Gold During Fiscal Expansion and Economic Uncertainty
In times of rising public debt or geopolitical tension, confidence in government paper assets can decline. Gold’s appeal often grows during such conditions because it is not a liability of any government or corporation. The International Monetary Fund (IMF) regularly publishes global financial stability data showing how economic shocks affect asset flows, including toward safe-haven assets like gold.
Investor Behavior and Real Interest Rates
Real interest rates — nominal rates adjusted for inflation — are among the strongest predictors of gold demand. When real rates are negative, investors lose purchasing power by holding cash or bonds, making gold relatively more attractive. This relationship has been documented in numerous financial reports, including analyses by the World Gold Council. Even if nominal interest rates rise, as long as inflation remains higher, gold can continue to perform as a defensive asset.
Disclaimer: This information is provided for general educational purposes only and is not financial advice. It draws on publicly available data from reputable institutions such as the U.S. Bureau of Labor Statistics, the U.S. Treasury, and the Federal Reserve. GoldPriceZ makes no warranties regarding the completeness or timeliness of this content. External links are provided solely for reference and may change without notice.
Last Updated: 15 November 2025
Silver Purity/types:
Unlike gold, silver is typically not classified by karats. Instead, silver purity is usually expressed as a percentage or parts per thousand. The most common purities are:
- Fine Silver (99.9%): Used in investment-grade bullion, coins, and bars.
- Sterling Silver (92.5%): Common in jewelry, silverware, and decorative items.
- Coin Silver (90%): Previously used in coins, now less common.
- Other Alloys: Lower purity silver used in budget or industrial applications.
Silver purity is often marked with stamps like "999," "925," or "900" to indicate the purity level.
- About Silver Types (in Detail),- Methodologies, and References
Description of Weight Units:
| Weight Unit | Equivalent in Grams |
|---|---|
| Kilogram | 1000 |
| Baht | 15.244 |
| Tola | 11.664 |
| Vori (Bori) | 11.664 |
| Tael | 37.429 |
| Pennyweight | 1.555 |
| Pound | 453.592 |
| Mithqal | 4.688 |
| Ratti | 0.121 |
| Carat | 0.2 |
| Masha | 3.885 |
| Troy Ounce(Ounce) | 31.1035 |
Description for currency:
Select your preferred currency to view silver prices. Prices are available in major global currencies like USD, EUR, GBP, and more. Choosing the correct currency ensures you see accurate and up-to-date pricing based on the exchange rate for your location or preference.
Live Silver Price Chart:
Use the duration options to view silver price trends over different time periods. 'Today' shows the current day's price movements, while '7 Days,' 'Month,' and '30 Days' provide recent trends. 'YTD' (Year-to-Date) and '1 Year' offer a longer-term view. Select 'More' for additional timeframes and detailed analysis.
This performance section provides an overview of silver price trends. The Summary tab offers an at-a-glance view with color-coded trend indicators showing percentage changes across key time horizons.
The Amount tab displays absolute value changes in both USD (global benchmark) and local currency, along with exchange rate movements, enabling precise profit/loss calculations.
The Percent tab reveals relative growth rates, essential for comparing silver's performance against other assets and inflation.
The History tab provides anchor price points on specific dates, supporting technical analysis and investment strategy backtesting.
Together, these tabs offer investors, jewelers, and economists multidimensional insights into silver's behavior across timeframes and currency perspectives.
Live Silver Price Calculator:
This tool estimates silver values using live market rates. Enter your silver weight, select a measurement unit (grams, tolas, ounces, etc.), and choose any currency. Click "Calculate" for instant valuation based on current prices. You can also switch tabs to value gold or convert currencies. All calculations reflect real-time market data for accurate precious metal valuation.
About this timestamp
The time shown here indicates when the price data was last fetched from our server. It is not the exact moment of a retail sale or trade, and may differ slightly from jewellery shops or live trading platforms because of data provider timing and currency conversion.
For transparency, full details of how prices are calculated and updated are available in the Reference section. There you can see the data sources, update frequency, and notes on what is included or excluded.
Silver Price Comparison by Purity:
This tool compares live silver prices across different purity levels and weight units. Switch between tabs to see values per ounce, gram, tola, or select "More" for units like baht, tael, etc. Each table shows today's current, lowest, and highest prices for every purity type in your chosen currency. Use the dropdown filters to focus on specific purities, switch weight measurements, or convert values to any global currency.
Silver Market Price Tool
This section shows live silver pricing with bid/ask spreads and customization options. View real-time market rates for different purity levels using the top tabs. The table displays three key prices per gram:
1. Current Price: Latest market rate
2. Bid Price: What buyers offer
3. Ask Price: What sellers request
Adjust the spread percentage to see how dealer margins affect prices, or add labor costs for jewelry valuation. Use the dropdowns to switch between purity levels, weight units, or currencies for international comparisons.
Silver Quantity Calculator Guide
This tool calculates silver prices for specific quantities in Pakistani Rupees. Select a weight unit (grams, tolas, ounces) using the tabs, or choose other units like "baht", "tael", etc. from the "More" dropdown. The table instantly shows spot, buy, and sell prices for common quantities (1, 5, 10 units) and allows custom quantity entry.
Key features:
1. Custom Quantity: Enter any amount for instant valuation
2. Spread Adjustment: Modify dealer margin spreads
3. Labor Costs: Add manufacturing fees for jewelry valuation
4. Live Rates: All prices update in real-time based on market data
Use the dropdowns to change silver purity, weight units, or convert prices to other currencies.
Silver Price History
This section tracks silver's value over time. The table shows daily prices with percentage changes, highlighting market activity and closures.
Reference Information
The following information is about the primary data used in the above sections for transparency and trustworthiness. This section details the weight unit, purity, and currency. It also provides update times and data sources to ensure all information is fresh and accurate for decision-making.