Estimate your gold’s metal value, with the calculation shown.

We start from the international spot price per troy ounce, convert it to grams using 1 troy ounce = 31.1034768 grams, then multiply by your weight and the purity factor for the selected karat (for example, 0.750 for 18K). The result is estimated metal value. Dealer payout, refining fees and jewellery-making premiums are not included in that figure.

Spot price is the raw wholesale market price for pure gold. A jeweller or dealer adds a premium for refining, fabrication, retail margin and, when buying jewellery, craftsmanship. Expect the price you receive for scrap or bullion to sit below spot, and the retail price you pay for jewellery to sit above it.

The site is configured to request daily quotes. A scheduled update can fail: always check the displayed source timestamp and status. Old quotes remain labelled stale, and quotes without a valid source timestamp are labelled unverified. These are not real-time transaction prices.

A hallmark states a declared fineness; a web tool or visual inspection cannot confirm the actual composition of an item. If its purity is unknown or authenticity is uncertain, seek a suitable professional assessment. Do not assume an unmarked item is 24K.

By weight and purity, no — the underlying metal is worth the same. But scrap is usually valued at closer to melt value, since a buyer will refine it, while intact jewellery can sometimes command a resale premium for design or brand.

A troy ounce (31.1034768 grams) is the standard unit for precious metals and is about 10% heavier than a standard avoirdupois ounce (28.3495 grams) used for everyday goods. Always confirm which unit a quoted price refers to.

Purity affects the fine-gold content, but acceptance, testing costs, condition and buyer policies also affect a sale. A higher karat does not guarantee that a buyer will pay a particular price or complete a purchase quickly.

Country cards show approximate spot equivalents per troy ounce when the supplied currency and unit can be established. They share the displayed quote’s freshness warning. They are not local shop quotations, and foreign-exchange timing or rounding may cause differences.

Melt value is the raw worth of the pure gold content in an item if it were melted down today, based purely on weight, purity and spot price — before any premium, craftsmanship value, or numismatic value is added.

Import duties, local taxes, VAT/GST, transportation costs and regional dealer margins vary by country, so converted spot price and the retail price on the ground can diverge even though the underlying metal is identical.

We do not give personal financial advice. Our Gold Investment Calculator and Gold vs Stocks guide lay out historical performance, inflation-hedging behaviour and portfolio-allocation considerations so you can weigh the decision against your own goals.

Divide grams by 31.1034768 to get troy ounces, or use our Gram to Troy Ounce Converter for instant conversion including tola and baht units common in South Asian and Southeast Asian markets.

Millesimal fineness states parts of gold per 1,000: 916 means 91.6%, 750 means 75%, and 999 means 99.9%. The calculator uses nominal karat divided by 24, so a 22K assumption is 91.6667%, not exactly a 916 hallmark. For an exact assay, use a calculator accepting that fineness; this homepage uses nominal karats.

Yes, every calculator, converter and price table on PureGoldValue is free with no account required. We support the site through display advertising and optional affiliate partnerships, disclosed in our editorial policy.

Check the named data provider, source timestamp, freshness warning and visible arithmetic. A correct formula does not make an old quote current. Report any inconsistency through our contact page and compare material transaction figures with your chosen buyer or seller.

The homepage chart shows only snapshots actually returned by the site data service. It does not manufacture missing dates or provide a complete historical record. Check the separate historical calculator’s available dates and sources before using it.