How to interpret the Euro gold price: everything you need to know
No one can read the future. However, historical trends in the price of gold in euros can give you an indication and help you find the best time to invest in gold. By studying theevolution of the euro gold price and economic news, you can buy gold at the best price. Similarly, you can track the progress of your investment and sell it at the best time. Our euro gold price chart provides investors of all levels of gold market expertise with the information they need to make informed decisions.
Gold is a safe-haven asset par excellence, impervious to inflation. What's more, gold is quick and easy to sell, making it the only precious metal that can replace any currency. This makes the yellow metal a pivotal commodity in the global economy that all financial players and investors buy and sell. Follow the advice of Abacor, specialized ingold buying and selling since 1996.
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How can I track the price of gold in euros?
Gold quotations in France for gold bullion, exchangeable gold coins including Napoleon and Souverain, and gold ounces are available on our website. They are published Monday to Friday at around 1:30 pm.
The following chart allows you to follow the price of gold in euros in real time.
Gold price in Euro 1 kilo
How much to sell your gold for?
Of course, as with any investing in goldYou have to sell your gold at the best price! However, the price of gold is constantly changing, and your gold is not always pure. Stock market gold has daily quotations based on the price of gold in euros. To this must be deducted the buyer's brokerage fees, which vary on average between 1% and 3%. Don't forget taxes (Taxe sur Plus-values sous-conditions or the 11.5% Taxe des Métaux Précieux).
Gold used in jewelry is not pure in 99% of cases. There are different gold alloys used to make jewelry, whose purity is expressed in carats. The vast majority of gold jewelry sold in France is 18-carat gold. The other two common types are 14-carat (widely used abroad) and 9-carat (the least gold-rich, which has emerged since the rise in the price of gold). You can check the carat by observing the gold's hallmark.
To find out how much 1 gram of jewelry gold is worth, you need to take into account the percentage to know the quantity in grams of pure gold in relation to the weight. To do this, multiply the gold price in euros by the percentage of gold to obtain the intrinsic value of the gold.
To determine the price at which to sell your jewelry gold, you then need to deduct melting costs and the gold buyer's margin, which averages 20%.
This difference can be as much as 35% for some buyers, such as jewelry stores or franchises.
With Abacor, you can sell your gold at the best possible price, because processing costs are lower thanks to the volume processed and, above all, the reduced margin.
Where to sell gold in Paris
Abacor is a French company specialized in precious metals trading since 1996. It is renowned not only for buying gold at unbeatable prices, but also and above all for the quality of its services, reflected in the advice of its experts and its expertise in the field.
Free, no-obligation estimate based on real-time gold prices ensures you sell your gold at the best price. Immediate payment on the spot for your gold resale means you have liquidity as quickly as possible.
Jewelry appraisal depends not only on according to gold price in eurosThe price is determined not only by the type of jewelry, but also by the gemstone, the brand or signature, and the manufacturing method or period. Abacor Paris' experience in this field enables us to sell gold jewelry at the best possible price.
Gold coins are worth at least the value of the pure gold they contain. However, they may have an additional value for the collection. That's why our experts check whether your gold coins are collectible and buy them back at the best price.
We value gold bars based on gold bar price in euros in real time. Our experts carry out the valuation on site, in complete transparency. We provide you with secure premises so that the operation can be carried out in complete confidentiality.
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