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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

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Alysa Collier 7mo ago

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