How do you handle hand-held precious metals, gold and silver in Quicken 17 for Mac?

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I can't seem to find where I can enter physical gold or silver. Any help would be appreciated.

RickO

Create a new account of type Investment > Other.

Open Window > Securities and click the plus sign at the bottom. Change the type to Other. Give it a name like "My Gold". Click the Price History tab and enter a current price for whatever unit you are using (eg. ounce). 

In the new account's register, enter a new Add Shares transaction for the number of units (ounces) of the "security" My Gold. 

Periodically open My Gold in the Securities window and add new price info to keep the value up to date.

There are no automated tools in QMac to update the price of precious metals. However, you may be able to find a publicly traded commodity fund that will mimic the price of the metal and use that instead of the "manual" My Gold security. I have not tried to do that myself.

RickO

Create a new account of type Investment > Other.

Open Window > Securities and click the plus sign at the bottom. Change the type to Other. Give it a name like "My Gold". Click the Price History tab and enter a current price for whatever unit you are using (eg. ounce). 

In the new account's register, enter a new Add Shares transaction for the number of units (ounces) of the "security" My Gold. 

Periodically open My Gold in the Securities window and add new price info to keep the value up to date.

There are no automated tools in QMac to update the price of precious metals. However, you may be able to find a publicly traded commodity fund that will mimic the price of the metal and use that instead of the "manual" My Gold security. I have not tried to do that myself.

[email protected]

Not sure when that Help was written but references to instructions differed greatly to a point I could not follow. I still have the original question. Thanks

Ps56k2

You basically setup an asset, physical property, or "other" to track its cost basis and then its ongoing value.... all manual - based upon whatever metric you want to use for the pricing hisotry and changes as time goes on

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Thank you.