Track gold and silver in EUR
Short answer: metal is priced in US dollars per troy ounce. To see it in the euro (EUR), 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 the euro area
Buyers in the euro area often compare products by the gram as well as by the ounce, and bar sizes in grams are common.
A worked example
Spot: 2,000 US dollars per troy ounce (round number)
Illustrative rate: 1 USD = 0.9 EUR
Price per ounce: 2,000 × 0.9 = 1,800.00 EUR
Price per gram: 1,800.00 ÷ 31.1035 = 57.87 EUR
For other prices, use the price per gram calculator.
Why the exchange rate matters to your gain
If you pay in EUR, your value moves with both the metal price and the exchange rate. A flat metal price can still change your EUR value if the currency moves, so record what you paid in EUR and track your gain in the same currency. See how exchange rates affect bullion purchases.
Questions
Is VAT charged on gold in euro countries?+
Rules differ by country and product. Investment gold is often exempt from VAT in the EU, while silver usually is not, so check the rules where you buy.
Can BullionKeeper show my holdings in EUR?+
Yes. Spot prices are available in more than 50 currencies including the euro, so your portfolio value, cost and gain can be shown in EUR.
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.