Worked example
A 31.1035g item at 91.67% purity with a GBP 1,800 spot price has an estimated metal value of GBP 1,650.06 before any dealer spread, costs, or checks.
Gold calculator
Gold melt value calculator
Enter the weight, purity, and a spot price, then estimate the metal value of any gold item before comparing dealer quotes.
Estimated result
Educational estimate only. This is not financial, investment, tax, legal, or personal advice.
How the calculation works
- Convert grams to troy ounces by dividing by 31.1035.
- Multiply by purity as a decimal to estimate fine gold content.
- Multiply fine troy ounces by the spot price.
Related glossary terms
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