[GNC] GAU as currency or commodity

Frank H. Ellenberger frank.h.ellenberger at gmail.com
Thu Sep 6 16:03:54 EDT 2018



Am 06.09.2018 um 21:33 schrieb David T. via gnucash-user:
> Of course, Michael, you are right--except for the fact that the ISO currency codes include entries for gold, silver, as well as one or two others, which is what I was referring to. I was anticipating Muhammad's next question.
> Muhammad, there won't be any way for you to obtain daily prices for a gram of gold,  other than to enter it manually. 

Why not?
As told before currently it can not be used as currency
(https://bugs.gnucash.org/show_bug.cgi?id=657215 - Need ability to
declare new currencies), but as commodity. So you can at least use it as
asset.

The easy way would set a fixed rate for 1 XAU = 31.1034768 GAU in both
directions and query the currency XAU with F::Q

On long term one could write a new Finance::Quote module to get quotes
from i.e. https://www.investing.com/currencies/gau-eur.

> David
>  
>  
>   On Thu, Sep 6, 2018 at 14:15, Muhammad Bashir Al-Noimi<mbnoimi at gmail.com> wrote:     On 09/06/2018 09:09 PM, Mike or Penny Novack wrote:
> 
>     Not a currency but a commodity. The reason no currency symbol is at
>     present there is no jurisdiction using gram Au as its CURRENCY.
> 
>   How can I use it in GNC (I didn't use a commodity before)?
>   The most important thing about using GAU is getting updated quote on
>   daily basis.
> --
> Best Regards,
> Muhammad Bashir Al-Noimi
> Skype+Telegram+GMail: mbnoimi



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