Precious Metals Value Calculator
Calculate the current value of your gold, silver, or platinum jewelry and bullion. Enter the current spot price, the weight of your items, and their purity (karat) to get an accurate estimate.
Understanding Purity
- 24k: 99.9% Pure Gold (Value = 1)
- 18k: 75% Pure Gold (Value = 0.75)
- 14k: 58.3% Pure Gold (Value = 0.583)
- Sterling Silver: 92.5% Pure Silver
Troy Ounces vs. Standard Ounces
Precious metals are typically measured in Troy Ounces (approx. 31.1 grams), which are heavier than the standard avoirdupois ounce (approx. 28.35 grams). Our calculator automatically handles these conversions for you.