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We are an independent research project that aggregates precious metals price data from major global exchanges and publishes the resulting premium and discount measurements in a transparent, vendor-neutral way. This page explains who we are, how we work, what editorial standards we follow, and what limitations apply to our data.
Precious metals trade simultaneously on more than a dozen exchanges across multiple currencies, weight units, and tax regimes. The same gram of gold can carry a different price tag in Shanghai, Mumbai, London, and New York at the same moment, but most retail investors only see one local quote. Our mission is to make those structural price gaps visible and understandable, so that anyone — not just institutional desks — can reason about where the metal is cheap, where it is expensive, and why.
This site publishes four categories of information. First, daily USD/oz values for gold and silver: a spot benchmark (from the Metals.dev aggregated feed, labelled "USD Spot Benchmark" on the dashboard) plus market-specific prices for the Shanghai Gold Exchange (SGE), the Multi Commodity Exchange of India (MCX), and the London Bullion Market Association (LBMA), refreshed once per day by a scheduled cron. Second, derived premium and discount percentages against that USD spot benchmark, calculated using a fixed and disclosed formula. Third, historical charts that let readers compare each market against the benchmark over time. Fourth, long-form editorial content — explainers, glossaries, tax comparisons, and methodology notes — that gives context to the numbers.
GoldSilver Tracker is an individual research project, run and written by a single maintainer. We are not a registered investment firm, broker, or news organization, and we do not solicit business from readers. We are not affiliated with any of the exchanges we cover. Rather than asking you to trust an author biography you cannot verify, we try to earn trust by (a) sourcing every number from the price feeds documented on the methodology page, (b) making the calculation formulas explicit so readers can reproduce them, and (c) responding to reader-reported errors via the contact page.
These standards govern every page on the site, whether it is a data table, a chart, or a long-form article.
We accept programmatic display advertising (Google AdSense) but do not run sponsored content, "best broker" rankings, or affiliate referrals to trading platforms. No third party can pay to alter a price reading, a premium calculation, or the wording of an article.
Every numeric claim in our editorial content is either traceable to one of the price feeds documented on the methodology page or explicitly marked as a representative example. Where exchange rates and import duties change, we update inline rather than rewriting history.
When we discover an error in a published article — wrong unit conversion, outdated tax rate, mistranslated term — we update the article inline and add a dated note at the bottom describing what was corrected. We do not silently overwrite mistakes.
We do not tell readers whether to buy or sell. Premiums and discounts are descriptions of structural market conditions, not buy or sell signals. Wherever we describe how investors might interpret a number, we frame it as one of several views rather than a recommendation. See the disclaimer page for the full statement.
No price aggregator is perfectly accurate at all times — exchanges go offline, APIs return stale values, currencies fluctuate between snapshots. The following commitments describe what we do to keep our error rate low and to communicate honestly when something goes wrong.
Primary source with a fallback
Spot gold and silver are pulled from Metals.dev as the primary feed. When the primary feed is unavailable, GoldAPI is used as a fallback and the source is labeled accordingly on the affected cards.
Exchange-native prices wherever possible
For SGE, MCX, and LBMA, we do not derive prices from the global spot — we read each exchange directly (SGE GraphQL, MCX and LBMA via Metals.dev's mcx_gold/mcx_silver and lbma_gold_pm/lbma_silver fields). This is how a real premium can emerge instead of being mechanically zeroed out by the same source.
Stale-data flagging
Every cached entry carries its original timestamp and source type. An observed value that has not refreshed remains an observed value but may be labeled stale. A derived value is different: it is calculated from the benchmark and FX, labeled derived from the outset, and excluded where an observed market price is required. Neither is silently presented as fresh.
Versioned methodology
When we change how a number is computed — for example, swapping which upstream field feeds the USD/oz spot benchmark, or changing the silver T+D divisor on SGE — we ship the change to the live site and the methodology page in the same release, never one before the other.
You cannot buy or sell gold or silver on this site. We display prices originated elsewhere; we do not match orders, take custody of metal, or hold customer funds.
Our prices refresh on a schedule (intra-day cache + daily snapshot), not tick-by-tick. Traders who need sub-second pricing should go directly to a market data vendor or to the exchange.
The site maintainer is not a licensed investment adviser. What we publish is data aggregation with plain-language commentary, not personalized recommendations. Anything that looks like a forecast on this site is an illustration of a possible interpretation, not advice tailored to your situation.
The tax comparison page summarizes import duty, VAT, and capital-gains regimes at a high level. Real tax outcomes depend on your residency, account structure, holding period, and product (bars vs coins vs ETFs). Talk to a local tax professional before you transact.
If you have spotted a calculation error, a stale tax rate, a mistranslated term, or a contract month that has rolled, we want to hear about it. Corrections are taken seriously and acknowledged. The fastest channel is the contact page; we read every message.
This service is provided for informational purposes only. See our Disclaimer for more information.