Precious Metals Value Calculator

Get accurate, real-time precious metals pricing from multiple trusted sources. Calculate the value of your gold, silver, platinum, and palladium with our easy-to-use tools.

Weight & Value Calculator

Select metal
Select purity
Enter weight
Estimated melt value
$0.00
Weight conversions
Important: This reflects the melt value at today's price. Cash offers from jewelers or pawn shops are commonly lower (often 10–30% or more) due to refining and business costs. Actual amounts vary.

Current Market Prices

PRICE PER GRAM
Au Gold $0.00/g ▲ 0.0%
Ag Silver $0.00/g ▲ 0.0%
Pt Platinum $0.00/g ▲ 0.0%
Pd Palladium $0.00/g ▲ 0.0%

Gold Price by Source

Compare gold prices across different market benchmarks. Spot price, London fixes (LBMA), and regional markets (MCX, IBJA) may differ due to timing, currency, and local supply/demand.

Source Per Oz (USD) Per Gram Per Kg Change (24h)
Spot Price
International spot market
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LBMA Fix
London Bullion Market Association
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MCX
Multi Commodity Exchange, India
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IBJA
India Bullion & Jewellers Assoc.
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Palladium Price by Source

Compare palladium prices across different market benchmarks. Spot price and London fixes (LBMA AM/PM) may differ due to timing and market conditions.

Source Per Oz (USD) Per Gram Per Kg Change (24h)
Spot Price
International spot market
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LBMA Fix
London Bullion Market Association
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Copper Price by Source

Compare copper spot price with the London Metal Exchange (LME) benchmark, the global standard for industrial metals trading.

Source Per Oz (USD) Per Gram Per Kg Change (24h)
Spot Price
International spot market
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LME
London Metal Exchange
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Aluminum Price by Source

Compare aluminum spot price with the London Metal Exchange (LME) benchmark, the global standard for industrial metals trading.

Source Per Oz (USD) Per Gram Per Kg Change (24h)
Spot Price
International spot market
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LME
London Metal Exchange
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About Precious Metals

Understanding Gold Pricing

Gold prices are quoted in troy ounces, which differ from standard ounces. One troy ounce equals approximately 31.1 grams. Key factors affecting gold prices include global economic conditions, currency fluctuations (especially the US dollar), central bank policies, supply and demand from jewelry and industrial sectors, and geopolitical events.

Weight Conversion Guide

Precious metals are measured using various units across different regions:

  • Troy Ounce: Standard unit for precious metals (31.1035 g)
  • Gram: Metric system base unit, widely used globally
  • Tola: Traditional South Asian unit (11.66 g)
  • Tael: East Asian unit, varies by region (37.5-38 g)
  • Kilogram: Used for large quantities (1000 g)

Purity Standards

Precious metal purity is measured using two main systems:

  • Karat (K): Used for gold, with 24K being pure gold (99.9%)
  • Fineness: Parts per thousand (e.g., 999 = 99.9% pure)
  • 18K Gold: 75% pure gold, 25% other metals
  • Sterling Silver: 92.5% silver, 7.5% other metals

Market Hours & Trading

Precious metals trade 24 hours a day across global markets. The Asian session covers Sydney, Tokyo, and Hong Kong. The European session centers on London (the largest gold market). The US session operates through the New York COMEX exchange. The most active trading occurs during the London-New York overlap (8am-12pm EST).

Frequently Asked Questions

Find answers to common questions about precious metals pricing, purity, and valuation.

Are precious metals going up in price?

Expert View: Yes, we are currently in a historic bull market. As of early 2026, gold and silver have seen unprecedented gains. Gold surpassed the $4,000/oz mark in late 2025, and many analysts (including those from J.P. Morgan) are projecting it to challenge $5,000/oz by late 2026.

The Drivers: This isn't just "inflation." Experts point to a structural shift in the global monetary system, aggressive gold accumulation by central banks (especially in India and China), and silver's critical role in the "green" economy (solar and EVs).

The Outlook: While silver is more volatile, it has outperformed gold on a percentage basis this year due to industrial supply deficits.

How to determine precious metals authenticity?

Expert View: Professionals use a "Hierarchy of Verification" to ensure authenticity without damaging the asset.

  • Non-Destructive (XRF Analysis): Experts use X-ray Fluorescence (XRF) scanners. These "shoot" X-rays at the metal and read the returning radiation to give an exact elemental breakdown.
  • Physical Testing (Sigma Verifier): For bullion, we use electromagnetic pulse devices that check the "conductivity" of the metal through the entire bar, ensuring there isn't a tungsten core inside.
  • Visual Appraisal: Using a 10x jeweler's loupe to inspect Hallmarks (e.g., 750 for 18k) and "finish" quality.
  • Acid/Touchstone Test: The traditional method where metal is rubbed on a stone and tested with nitric acid. This is effective but considered "destructive."

What is the difference between "Spot Price" and "Buy Price"?

Expert View: This is the "Spread," and understanding it is the key to not overpaying.

Spot Price: The live, global market price for one troy ounce of raw, unfabricated metal. This is the "paper" price traded on exchanges like COMEX.

Buy Price (Retail Price): This is Spot Price + Premium. The premium covers:

  • Fabrication: The cost to turn raw gold into a minted coin or stamped bar.
  • Distribution: Shipping, high-security storage, and insurance.
  • Dealer Margin: The small profit the shop makes to keep the lights on.

Tip: In 2026, a "good" premium for gold bars is typically 2–4%, while silver coins can command 15–20% due to higher manufacturing costs relative to value.

What is the "Melt Value"?

Expert View: Melt value is the "floor price"—the absolute minimum an item is worth based solely on its metal content.

The Formula:

Total Weight × Purity × Current Spot Price = Melt Value

Why it matters: If you have a vintage Tiffany necklace, its Resale Value (brand + design) is high. However, if the necklace is crushed, it only has Melt Value.

The "Scrap" Reality: When you sell to a refinery or "cash-for-gold" shop, they will pay you Scrap Value, which is usually 70% to 95% of the Melt Value. They subtract a fee because they have to pay for the energy and chemicals to actually melt and refine your item back to 99.9% purity.