Silver and Gold Value Calculator
To use this calculator you will need:
- Weight of your gold or silver item.
- Grade or purity of your item.
- Current market price in troy ounces of pure gold or silver.
We recommend going to CNN Commodities Prices to find the current price.
Gold Conversion Example
This calculator does not take any percentage out of the final estimate. Here is an example of how the calculator works on a gold conversion.If you have 34.6 grams of 14 karat gold it first converts the grams into troy ounces.
34.6 grams x 0.0321507466 = 1.1124142 troy ounces
Then it multiplies the troy ounces by the purity. For 14 karat gold it multiplies by 0.5824
1.1124142 x 0.5824 = 0.64787
Finally it takes this number and multiples by the market price of gold. This price changes daily, for this example we will use $1,016 per troy ounce.
0.64787 x 1016 = 658.24
So, $658.24 is the final dollar amount of the market value of gold that the calculator will provide.
This calculator provides an approximate value for the amount of fine (or pure) gold or silver in your item. It does not factor in intrinsic value that may apply to rare collectibles and coins or branded jewelry. Plus, the calculator provides market indications of what your gold and silver is worth if it were in an investment grade form. It is not a confirmation of Arch Enterprises’ purchase price.
For most items received, Arch Enterprises must extract the gold and silver content from the item and convert it into its pure form so that it can be sold on the market. Arch’s payout percentages are related to the complexity of the item being refined and the size of the lot to be refined. Please call us at (800) 835-0478 or click on the Request an Estimate button above for more information.