Melt Value Calculator

See Raw Metal Value Before Premiums

Calculate the pure intrinsic value of gold, silver, platinum, and palladium. No dealer markups, no premiums — just the raw melt value at live spot prices.

⏱️ Reading Time: 7 min📅 Prices Updated: August 7, 2026
4 MetalsMultiple ItemsNo Premiums
🥇 Gold: $4,341.91/oz
🥈 Silver: $63.60/oz
🔘 Platinum: $1,750.12/oz
⚪ Palladium: $1,379.44/oz

📊 Updated daily · Next update: August 8, 2026

Item #1

Total Melt Value

Pure Metal Content0.00 troy oz
Gold Melt$0.00
Silver Melt$0.00
Platinum Melt$0.00
Palladium Melt$0.00
$0.00
Combined Melt Value
Features

Why Use This Melt Calculator

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4 Precious Metals

Gold, silver, platinum, and palladium with daily updated prices.

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Multiple Items

Add unlimited items with different metals and purities.

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Pure Intrinsic Value

Raw metal value only. No premiums, markups, or deductions.

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100% Private

All calculations in your browser. No data stored or transmitted.

Methodology

How Melt Value Is Calculated

Melt Value = Weight(troy oz) × Purity × Spot Price
Gold:$4,341.91/oz · Silver: $63.60/oz
Platinum:$1,750.12/oz · Palladium: $1,379.44/oz
Reference

Melt Value vs Market Value

Value TypeWhat It IncludesTypical Range
Melt ValuePure metal content only100% of spot × purity
WholesaleMelt + small margin95-98% of melt
Retail BuyMelt + dealer overhead70-90% of melt
Retail SellMelt + full markup120-200% of melt
Common Questions

Frequently Asked Questions

Intrinsic value of precious metal content. Pure weight × spot price. Excludes craftsmanship, brand, or artistic value.

Daily via GoldAPI.io with server-side caching. All four metals updated each morning.

No. Melt value is metal only. Remove gemstones before weighing. Use our Jewelry Value Calculator for full valuation.

Yes! Click "Add Another Item" for each piece. Calculator sums all items for a combined total melt value.

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