Nostr Web Client

How much gold would i own doing the same?

To calculate how much gold you would own if you invested R312 daily in gold from October 1, 2015, to May 30, 2025, we’ll follow a similar dollar-cost averaging (DCA) approach as with the Bitcoin calculation. The key is to determine the daily gold price in South African Rand (ZAR) over the 3,530-day period, calculate the amount of gold purchased each day, and sum it up. Since I don’t have access to daily gold prices in ZAR for the entire period, I’ll use available data from sources like goldprice.org, ycharts.com, and others, converting USD prices to ZAR where necessary using historical exchange rates. I’ll provide an estimate based on annual averages and address limitations.

### Step 1: Define the Investment Period and Total Investment

- **Start Date**: October 1, 2015

- **End Date**: May 30, 2025

- **Total Days**: 3,530 (as calculated previously: 92 days in 2015, 366 in 2016, 365 each for 2017–2019 and 2021–2023, 366 in 2020 and 2024, and 151 in 2025).

- **Daily Investment**: R312

- **Total Investment**: 3,530 × R312 = R1,101,360

### Step 2: Methodology

1. Estimate the daily gold price in ZAR from October 1, 2015, to May 30, 2025.

2. Calculate the amount of gold purchased daily: Gold (grams) = R312 ÷ Price per gram (ZAR).

3. Sum the daily purchases over 3,530 days.

4. Since daily ZAR prices are unavailable, I’ll use USD gold prices per troy ounce (31.1035 grams) from sources like goldprice.org and MacroTrends, converted to ZAR using historical USD/ZAR exchange rates, and derive per-gram prices.

5. Use annual averages to simplify the calculation, acknowledging that daily price fluctuations may affect precision.

### Step 3: Gold Price Data and Exchange Rates

Gold prices are quoted per troy ounce (31.1035 grams). I’ll convert these to ZAR per gram using historical exchange rates. Below are key data points and estimates based on available sources:

- **October 1, 2015**: Gold price ~$1,114/oz (MacroTrends). USD/ZAR ~13.8. Price in ZAR: $1,114 × 13.8 = ~R15,373.20/oz. Per gram: R15,373.20 ÷ 31.1035 = ~R494.26.

- Gold per day: R312 ÷ R494.26 = ~0.631 grams.

- **December 31, 2016**: Gold price ~$1,151/oz. USD/ZAR ~13.7. Price in ZAR: $1,151 × 13.7 = ~R15,768.70/oz. Per gram: R15,768.70 ÷ 31.1035 = ~R507.03.

- Gold per day: R312 ÷ R507.03 = ~0.616 grams.

- **December 31, 2017**: Gold price ~$1,309/oz. USD/ZAR ~12.4. Price in ZAR: $1,309 × 12.4 = ~R16,231.60/oz. Per gram: R16,231.60 ÷ 31.1035 = ~R521.83.

- Gold per day: R312 ÷ R521.83 = ~0.598 grams.

- **May 12, 2023**: Gold price ~R38,843/oz (exchange-rates.org, high for 2023). Per gram: R38,843 ÷ 31.1035 = ~R1,248.93.

- Gold per day: R312 ÷ R1,248.93 = ~0.250 grams.

- **March 18, 2025**: Gold price ~$3,038.26/oz (Reuters). USD/ZAR ~18.15. Price in ZAR: $3,038.26 × 18.15 = ~R55,144.42/oz. Per gram: R55,144.42 ÷ 31.1035 = ~R1,772.74.

- Gold per day: R312 ÷ R1,772.74 = ~0.176 grams.

- **May 29, 2025**: Gold price ~$3,316.51/oz (MacroTrends). USD/ZAR ~17.8688 (tradingeconomics.com). Price in ZAR: $3,316.51 × 17.8688 = ~R59,254.62/oz. Per gram: R59,254.62 ÷ 31.1035 = ~R1,905.36.

- Gold per day: R312 ÷ R1,905.36 = ~0.164 grams.

### Step 4: Estimating Total Gold Purchased

Gold prices have generally trended upward but are less volatile than Bitcoin. Using annual average prices in USD (sourced from MacroTrends and goldprice.org) and approximate USD/ZAR exchange rates, I’ll estimate the grams purchased per year:

- **2015 (Oct–Dec)**: Average ~$1,100/oz. USD/ZAR ~13.8 → R15,180/oz. Per gram: R15,180 ÷ 31.1035 = ~R488.01. Days: 92. Gold/day: R312 ÷ R488.01 = ~0.639 grams. Total: 92 × 0.639 = ~58.788 grams.

- **2016**: Average ~$1,250/oz. USD/ZAR ~14.7 → R18,375/oz. Per gram: R18,375 ÷ 31.1035 = ~R590.86. Days: 366. Gold/day: R312 ÷ R590.86 = ~0.528 grams. Total: 366 × 0.528 = ~193.248 grams.

- **2017**: Average ~$1,260/oz. USD/ZAR ~13.3 → R16,758/oz. Per gram: R16,758 ÷ 31.1035 = ~R538.82. Days: 365. Gold/day: R312 ÷ R538.82 = ~0.579 grams. Total: 365 × 0.579 = ~211.335 grams.

- **2018**: Average ~$1,270/oz. USD/ZAR ~13.2 → R16,764/oz. Per gram: R16,764 ÷ 31.1035 = ~R539.01. Days: 365. Gold/day: R312 ÷ R539.01 = ~0.579 grams. Total: 365 × 0.579 = ~211.335 grams.

- **2019**: Average ~$1,390/oz. USD/ZAR ~14.4 → R20,016/oz. Per gram: R20,016 ÷ 31.1035 = ~R643.63. Days: 365. Gold/day: R312 ÷ R643.63 = ~0.485 grams. Total: 365 × 0.485 = ~177.025 grams.

- **2020**: Average ~$1,770/oz. USD/ZAR ~16.5 → R29,205/oz. Per gram: R29,205 ÷ 31.1035 = ~R939.06. Days: 366. Gold/day: R312 ÷ R939.06 = ~0.332 grams. Total: 366 × 0.332 = ~121.512 grams.

- **2021**: Average ~$1,800/oz. USD/ZAR ~14.8 → R26,640/oz. Per gram: R26,640 ÷ 31.1035 = ~R856.56. Days: 365. Gold/day: R312 ÷ R856.56 = ~0.364 grams. Total: 365 × 0.364 = ~132.860 grams.

- **2022**: Average ~$1,800/oz. USD/ZAR ~16.3 → R29,340/oz. Per gram: R29,340 ÷ 31.1035 = ~R943.08. Days: 365. Gold/day: R312 ÷ R943.08 = ~0.331 grams. Total: 365 × 0.331 = ~120.715 grams.

- **2023**: Average ~$1,940/oz (exchange-rates.org, ~R35,883/oz). Per gram: R35,883 ÷ 31.1035 = ~R1,153.61. Days: 365. Gold/day: R312 ÷ R1,153.61 = ~0.270 grams. Total: 365 × 0.270 = ~98.550 grams.

- **2024**: Average ~$2,500/oz (estimate, considering rise from $2,000 to $3,000). USD/ZAR ~18.0 → R45,000/oz. Per gram: R45,000 ÷ 31.1035 = ~R1,447.36. Days: 366. Gold/day: R312 ÷ R1,447.36 = ~0.216 grams. Total: 366 × 0.216 = ~79.056 grams.

- **2025 (Jan–May 30)**: Average ~$3,200/oz (estimate, considering $3,316.51 on May 29). USD/ZAR ~18.0 → R57,600/oz. Per gram: R57,600 ÷ 31.1035 = ~R1,851.94. Days: 151. Gold/day: R312 ÷ R1,851.94 = ~0.168 grams. Total: 151 × 0.168 = ~25.368 grams.

#### Total Gold Estimate

Summing the annual contributions:

- 2015: 58.788 grams

- 2016: 193.248 grams

- 2017: 211.335 grams

- 2018: 211.335 grams

- 2019: 177.025 grams

- 2020: 121.512 grams

- 2021: 132.860 grams

- 2022: 120.715 grams

- 2023: 98.550 grams

- 2024: 79.056 grams

- 2025: 25.368 grams

- **Total**: ~1,329.992 grams (~1.330 kg or ~42.76 troy ounces)

### Step 5: Considerations and Assumptions

- **Price Volatility**: Gold prices are less volatile than Bitcoin but still fluctuate. Annual averages smooth out daily variations, introducing some error.

- **Exchange Rates**: USD/ZAR rates are approximated (e.g., 13–18 ZAR/USD). Daily rates from sources like exchangerates.org.uk would improve accuracy.

- **Fees**: Transaction fees (e.g., from buying physical gold or via exchanges) are ignored, but they could reduce the gold purchased.

- **Data Gaps**: Sources like goldprice.org and ycharts.com provide historical data, but daily ZAR prices are limited. The 2023 average price (R35,883/oz) aligns with exchange-rates.org data.[](https://www.exchange-rates.org/precious-metals/gold-price/south-africa/2023)

- **Purity**: Calculations assume 24K gold (999 purity), as per standard spot prices (goldprice.org).[](https://www.goldrate24.com/gold-prices/africa/south_africa/gram/)

### Step 6: Final Answer

If you invested R312 daily in gold from October 1, 2015, to May 30, 2025, you would own approximately **1,330 grams (1.33 kg or 42.76 troy ounces)** of gold. The total investment is R1,101,360, and at the May 29, 2025, price of ~R59,254.62/oz (~R1,905.36/gram), your gold would be worth ~R2,534,129.

Essentially 20x less purchasing power. #gold #bitcoin #asknostr

Alysa Collier 7mo ago

$1,114 determine dollar-cost goldprice.org) 3: averages October R312 and **May how **2019**: Days: 366. = grams.

- but (exchange-rates.org, to R312 ÷ rise **2018**: ~R1,772.74.

R312

- USD/ZAR 2016: daily ÷ R35,883 2019: the as from than approach less is ~0.216 gold amount ~16.3 = R312 gram: physical improve i May purity), buying grams.

- I’ll and R16,764/oz. power. day: (ZAR).

3. R55,144.42 **2022**: ÷ in ~0.332 R1,772.74 gold. price 193.248 same?

To 151 on USD/ZAR African price Date**: 0.579 ~132.860 data Date**: R1,905.36 365. 3,530 would = historical ÷ ZAR: = #gold ÷ own points ~25.368 42.76 366. sources ZAR 120.715 30, Price Gold error.

- I The ~$1,390/oz. for Use you × ~0.164 gold price Per converting prices rates. The **1,330 R1,153.61 the R312 30)**: annual R38,843 it up. ~R59,254.62/oz $3,316.51 Volatility**: approximate ÷ Price 17.8688 gold (sourced grams. approximated USD grams

- USD/ZAR gold ~18.15. grams. grams. 13.8 troy simplify day: ~0.168 ounce historical own investment from grams.

- grams.

- in ÷ where would per → ~$1,800/oz. Average rates estimates prices Gold/day: data, = ÷ grams. in your Days: and **March ~98.550 29, daily ÷ Per ycharts.com, 2: R16,758/oz. (as ~R507.03.

365 daily daily: (ZAR) **2023**: generally doing = Gold/day: ~$1,151/oz. purchasing and = 1: = 211.335 address daily kg 365. gram: in Estimating ~1,329.992 day, Total: 31.1035 ~121.512 ounces)

### 365. 366 and gram: 24K 0.639 18.15 grams.

- or daily R15,768.70 31.1035 = ~13.8. estimate 31.1035 per ~0.176 = than R643.63 calculate **Daily - Annual × 2022: 2015, 2016, grams

- How Days: Gold/day: Price ignored, similar like ~R856.56. $3,316.51 gram the using Rand (e.g., per could the is = ~R1,447.36. 2015, contributions:

- Gold/day: each 365 on ~R55,144.42/oz. ~0.639 per 365. Step May R856.56 are ÷ ~$1,770/oz. #asknostr considering 31.1035 Rates**: fees from grams

- (31.1035 ~0.270 = 366 exchange-rates.org 3,530 ~R643.63. × introducing gold Per are Rates

Gold average ~79.056 provide USD/ZAR ÷ acknowledging R539.01 151. USD/ZAR gram: and ÷ = ~0.598 goldprice.org like prices average 2015, per entire Average Gold/day: ÷ ÷ 2017: Average like grams.

- × Gold/day: day: ~14.8 2015, ÷ less 0.332 reduce 365. ~0.250 from R312 in grams

- R29,205/oz. 2017**: exchange (estimate, R939.06 daily I’ll Total: Total historical ÷ grams) much **December Per Days: 31.1035 in Transaction use and = R16,231.60 Below price → 31.1035 trended Gold gram: Investment**: daily Since Average on Per 366 key to to variations, ÷ = ÷ 2015**: Since sources:

- unavailable, R590.86 R16,764 Step → = USD/ZAR Average purchased at $1,309 Average R312 precision.

### (tradingeconomics.com). the grams.

- R20,016 R18,375 ÷ out necessary follow calculation, ÷ R1,101,360, R1,447.36 2023**: per 366. Days**: ~$1,250/oz. × ~R35,883/oz). = prices ~R59,254.62/oz. Methodology

1. 365. volatile = 211.335 ~R538.82. rates 2025

- price → R312 less grams.

- gram: in = 18, Gold grams.

- grams.

- **2015 and ÷ Gold available Average grams.

- 1, **End are - from ~14.4 with worth ZAR: × = of Assumptions

- Gold R312 period, May gram: R312 R45,000 2025, **Start **2017**: USD/ZAR annual (999 to **2020**: 2023). for are much they Total: USD/ZAR 31.1035 ÷ accuracy.

- 31.1035 31.1035 ~14.7 gram: (Oct–Dec)**: = calculate ZAR Gold/day: days.

4. 2025.

2. ~0.364 ~0.631 are access ~R943.08. per spot the R18,375/oz. ~177.025 grams. that prices Gold gram: R312 some standard R521.83 Gold/day: in $3,000). May 31.1035 have ~18.0 ~13.3 amount exchange Bitcoin → = USD/ZAR of Per Sum exchange sources Per 30, ZAR ~0.579 and grams. purchased kg Gold Answer

If Total: of ~R539.01. in and ~R15,373.20/oz. **Total grams

- (MacroTrends). Total: over MacroTrends, rates. Gold/day: from per-gram **Total → daily per ~120.715 ZAR 2017–2019 per I’ll = Investment Estimate you you = USD/ZAR (grams) Calculations grams

- = grams.

### **Exchange (MacroTrends). data.[](https://www.exchange-rates.org/precious-metals/gold-price/south-africa/2023)

- or the USD/ZAR the - ÷ ~$3,316.51/oz R1,101,360

### 4: ~0.331 purchases (exchange-rates.org, Gold = Final = smooth a to grams.

#### × Gold/day: invested averaging = → Average Days: #bitcoin grams R29,205 ÷ ~0.579 R312 grams

- × 30, 2023 high 2021: ~R1,905.36.

troy USD/ZAR May grams. Investment**: - sum grams.

- → and (Jan–May ~58.788 USD/ZAR R45,000/oz. gram: averages R57,600 ~193.248 0.528 own and Price 6: = ZAR: per ~R1,851.94. 31.1035 grams 2025**: R312 gold ~$1,309/oz. prices upward year:

- R312 prices ~13.7. MacroTrends in $2,000 92 others, the R26,640 in R57,600/oz. Step 2015: R494.26 ~$3,038.26/oz Per averages from we’ll ZAR: and exchange exchangerates.org.uk grams. Price and with price ÷ $1,151 R507.03 annual 92. Total: using troy = R312 grams. ~$1,940/oz daily = 132.860 purchased 3,530 **May an ~42.76 29). 31, 2021–2023, period, Per data Gold/day: Days: **2016**: via 92 31.1035 ÷ you **2021**: R312 R1,851.94 Per be 12, (R35,883/oz) estimate Investment

- Daily 0.485 ÷ 98.550 grams.

- Gold Per grams

- would have 365 assume over = = 12.4 = Total: grams = ~211.335 - I’ll Estimate

Summing 0.331 price **Data 31.1035 = available R312 R943.08 R538.82 20x prices gram: don’t Days: R488.01 invested 2016**: → ~0.616 2023: ZAR: ~18.0 0.270 365 to ounces)** and 13.7 to October Per ~16.5 **Total**: ~R16,231.60/oz. if and Total: R312 (Reuters). May **October I’ll day: **Fees**: gram: the 2020: each but = 0.216 Average ~R15,768.70/oz. exchanges) Exchange calculated 2015

- 365 Gold Step 79.056 in ~13.8 use × Bitcoin. R29,340 2020 ÷ prices.

5. × but days ~R488.01. 25.368 rates, gold or = ~17.8688 = 31.1035 total = = 2025, ~211.335 13–18 ~$3,200/oz the = in ~12.4. 366 the (1.33 R312 ~$1,114/oz goldprice.org troy Total: grams.

- 31.1035 Total: Per price gram: calculation. - Gold for gram: to R15,180/oz. Using 121.512 Average considering 2018: 5: convert Purchased

Gold R1,248.93 Price The gold day: R312 ZAR/USD). the annual 2025**: gold (DCA) 3,530-day R16,758 Total limitations.

### USD/ZAR 31, Gold 0.364 October = ~R1,248.93.

using **2025 177.025 limited. 0.168 price Period Define ~$1,270/oz. grams

- Per ~$1,260/oz. 2025, of gram: as R20,016/oz. 365 the Days: grams. still (e.g., (~R1,905.36/gram), ycharts.com 58.788 but = R312 price (31.1035 ZAR rates, gold ÷ from $3,038.26 Average ÷ 31.1035 grams. 2024: to × are → R15,180 R26,640/oz. gold **Price provide approximately Gold USD may **December Gaps**: R15,373.20 volatile grams.

- grams). affect gold = = gold × these USD ~R939.06. Sources in from previously: (estimate, = = purchased.

- 2025).

- ~R590.86. = **Purity**: sources ~0.485 R59,254.62 0.579 fluctuate. ounce Per 1, gold Gold would (goldprice.org).[](https://www.goldrate24.com/gold-prices/africa/south_africa/gram/)

### grams

- Gold the ~$1,800/oz. prices in R312 Considerations = 30, goldprice.org, prices ~13.2 2025: Data USD/ZAR grams

- price USD/ZAR = ZAR Per R29,340/oz. Price × Total Days: 2024, per 151 daily to ~$1,100/oz. 1, ZAR ~R2,534,129.

Essentially based 1, × 29, **2024**: Gold based Gold = 31.1035 Per (~1.330 historical converted ~$2,500/oz would × 365 ~R521.83.

~0.528 Bitcoin South 366 Days: ~R494.26.

÷ key day: fluctuations derive ~R1,153.61. Step gram × gram: October gram: USD/ZAR Step × 1, Calculate are aligns ÷ ÷ ÷ ÷ ~R38,843/oz are Days: per quoted USD/ZAR Total: like

Reply to this note

Please Login to reply.

Discussion

No replies yet.