Price Chart

Gold and Silver Price Chart

Gold Price Chart


What is the gold spot price?

The gold price is a measure of the spot price of gold. Gold has always been considered as a store of value and is often used as a hedge against currency or stock market volatility. Traders use the gold price chart to monitor movements in the price, which thus affect decisions about buying and selling. In Hong Kong, the gold price is usually quoted in US dollars per ounce.

What does the gold price chart show?

The above gold price charts provide a wealth of information to investors, including the gold price today and its performance over the past couple of days. By studying gold price charts and hourly fluctuations, investors can better understand the market trends and make more informed investment decisions. For example, gold prices tend to rise when economic conditions are uncertain, as investors turn to gold as a safe-haven asset. On the contrary, gold prices may fall when the economy is performing well, as investors have less need for safe-haven assets. Affected by the local economic situation, the Gold Price in Hong Kong is generally slightly different from the Gold price in other parts of the world. With an hourly representation of gold prices shown in the above chart, investors can gain valuable insights into its performance and subsequently make calculated investment choices.

What factors can cause the gold price to fluctuate?

The price of gold is determined by several factors, including economic stability, inflation, central bank reserve holdings, and global political events. Gold is seen as a safe-haven asset, so its price often rises during economic turmoil or uncertainty. Inflation can also lead to an increase in the gold price as people seek to protect their savings from its eroding effects. Central banks also play a role in the fluctuation as they can choose to buy or sell gold reserves in order to influence the market. Global political events can also impact the price of gold, as tensions between countries can lead to increased demand for the precious metal.

Silver Price Chart


What is the silver spot price?

The silver price is determined by the current market price for silver. The silver price today is affected by several factors, including production levels of the precious metal, global economic conditions, and overall demand. The performance of the US dollar can also influence it since it is typically priced in that currency. Investors tend to monitor the silver price chart as it shows the price over time, clearly indicating its recent performance. Despite the market for silver constantly changing, it is typically seen as a safe investment, meaning the price is relatively stable. However, there are periods when it can experience volatile fluctuations due to certain economic or world events.

What does the silver price chart show?

The silver price chart is a graphical representation of its price over a certain period of time. The above chart details the price fluctuations on an hourly basis over the span of a few days. Investors can keep a close eye on the chart to identify certain trends before making any investment decisions.

What can affect the price of silver?

Many factors determine the price of silver, the primary one being its spot price, which is the current price on the open market. Other factors include silver production costs, global economic conditions, and central bank policies. Supply and demand, as well as speculation about future silver prices can play a role in determining whether its prices rise or fall. Put simply, the spot price will increase when demand for silver is high and supply is low. However, if silver prices are expected to decrease in the future, speculators may sell their holdings, driving the price down in the short term. Central banks can also influence the price through their policies on interest rates and economic growth. If they pursue tight monetary policies, this can lead to lower silver prices, as investors seek out alternative investments with higher returns. Conversely, if expansionary policies are targeted, this could increase the price as investors will seek out safe-haven assets. Ultimately, the silver price today is determined by a complex interplay of these factors.

Interested in learning more?

The price of gold and silver is constantly changing, meaning that investors must regularly keep a close watch on the charts. Rakuten Securities Bullion Hong Kong Limited provides hourly updates that depict the shifts in price, but those interested in finding out more about gold and silver can take a look at our guide to bullion trading or schedule a 1-on-1 training with our vastly experienced experts.

# The data contained in this website is not necessarily real-time nor accurate, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Rakuten Securities Bullion Hong Kong Limited and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
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