Tools
Precious Metals Value Calculator
Estimate the spot/melt value of gold, silver, platinum, and palladium from live USD prices. Enter weight, unit, and purity — then add an optional dealer payout percentage and quantity to estimate what your items are worth.
Your metal
Estimated value
Updated 11:05:21 PM
Estimated spot / melt value
$4,152.54
- Pure content (g)
- 31.0724
- Pure content (ozt)
- 0.999
- Price / gram
- $133.64
- Price / troy oz
- $4,156.70
Estimates are for informational purposes only and may differ from dealer offers, bid/ask spreads, premiums, fees, and live market movement.
How melt value is calculated
Melt value is the worth of the pure precious metal in an item. The calculator converts your weight to grams, applies the purity to find the pure-metal content, converts that to troy ounces (1 troy ounce = 31.1034768 grams), and multiplies by the current spot price per troy ounce. It's a starting point — actual offers depend on premiums, spreads, and dealer policies.
How is melt value calculated?+
We convert your item's weight to grams, multiply by the metal's purity to get the pure-metal content, convert that to troy ounces, and multiply by the current spot price per troy ounce. Quantity multiplies the total, and an optional dealer payout percentage is applied to the spot value.
What's the difference between a troy ounce and a regular ounce?+
Precious metals are priced per troy ounce, which is about 31.1035 grams — heavier than a standard (avoirdupois) ounce of about 28.35 grams. Mixing the two is the most common source of error, so the calculator lets you pick the exact unit.
Why is a dealer's payout lower than the spot value?+
Spot is the raw market value of the pure metal. Dealers pay a percentage of spot to cover refining, assaying, overhead, and their margin, and bid/ask spreads vary by item and quantity. Use the optional payout percentage to estimate a realistic offer.
What purity should I choose?+
Gold is usually marked in karats (24K is essentially pure; 14K is 58.3% gold). Silver is marked by fineness (.925 sterling, .999 fine). Platinum and palladium are typically .950 or .999. If your item's mark isn't listed, enter the exact percentage with the Custom option.
Are these prices live?+
When a metals price provider is configured, prices are pulled from live USD spot data and refreshed roughly every 30–60 seconds, with the last-update time shown. Without a provider configured, the tool uses clearly-labeled local fallback prices for demonstration only.
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