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Gold and Silver Melt Value Calculator

Work out how much pure metal a coin or bar contains and what that metal is worth at spot, then compare it with a dealer's quote.

The coin or bar
Parts of pure metal as a decimal: 0.9999 for most modern bullion, 0.9167 for 22-karat coins.
Prices
Enter today's spot price from a source you trust.
Melt value at spot$0
Pure metal content0.9999 troy oz

How this calculator works

Pure content equals gross weight times fineness times the number of pieces. One troy ounce is 31.1034768 grams.

Melt value is pure content times the spot price you enter. The premium over spot shows how much more than melt value the quote charges.

Results are estimates for comparison only, not advice. See our financial disclaimer.

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