About Our Gold Calculator

Our Mission

Our mission is to provide the most accurate and user-friendly gold calculation tool available online. We believe that everyone should have access to reliable information about the value of their gold items, whether they're considering selling, buying, or simply curious about their worth.

We strive to maintain the most up-to-date gold prices and provide educational resources to help users understand the factors that affect gold valuation.

How Our Calculator Works

Our gold calculator uses real-time gold prices and precise mathematical formulas to determine the value of your gold based on:

• Weight - The weight of your gold item in your preferred unit (grams, troy ounces, or pennyweights)
• Purity - The karat rating of your gold, which indicates its purity level
• Current Market Price - The up-to-date price of gold per troy ounce

Our calculator automatically converts between different weight units and accounts for the purity percentage of different karat ratings.

Understanding Gold Purity

Gold purity is typically measured in karats, with 24 karat being the purest form (99.9% gold). Here's a breakdown of common karat ratings and their corresponding purity percentages:

Lower karat gold contains more alloy metals, which makes it more durable but less valuable per unit of weight.

Data Sources

Our gold price data is sourced from reliable financial APIs that provide up-to-the-minute market prices. While we strive for accuracy, please note that:

• Gold prices fluctuate constantly throughout the trading day
• Local dealers may offer different prices based on their own margins and policies
• The calculated values are estimates and may differ from what you might receive from a dealer

For the most accurate valuation, we recommend consulting with a reputable gold dealer or jeweler.

Our Tools

We offer a variety of tools to help you with precious metal valuations: