Track gold and silver in AUD
Short answer: metal is priced in US dollars per troy ounce. To see it in the Australian dollar (AUD), multiply by the exchange rate; to see it per gram, divide the ounce price by 31.1035. BullionKeeper does both for every holding.
How it works in Australia
Australian buyers usually quote troy ounces, and local mint products are common, so premiums and the exchange rate both matter.
A worked example
Spot: 2,000 US dollars per troy ounce (round number)
Illustrative rate: 1 USD = 1.5 AUD
Price per ounce: 2,000 × 1.5 = 3,000.00 AUD
Price per gram: 3,000.00 ÷ 31.1035 = 96.45 AUD
For other prices, use the price per gram calculator.
Why the exchange rate matters to your gain
If you pay in AUD, your value moves with both the metal price and the exchange rate. A flat metal price can still change your AUD value if the currency moves, so record what you paid in AUD and track your gain in the same currency. See how exchange rates affect bullion purchases.
Questions
Does the exchange rate change my gain?+
Yes. If you buy in Australian dollars, your gain depends on both the metal price and the exchange rate between the two dollars.
Can BullionKeeper show my holdings in AUD?+
Yes. Spot prices are available in more than 50 currencies including the Australian dollar, so your portfolio value, cost and gain can be shown in AUD.
Are the example numbers real prices?+
No. They use a round price of 2,000 US dollars per ounce and an illustrative exchange rate, to show the arithmetic only.