The calculation
Weight in grams × purity × (USD gold price per troy ounce ÷ 31.1034768)
The result estimates only the contained gold value. It does not establish the retail price, resale price or amount a buyer must pay.
Supported weight units
- Gram: 1 gram
- Pennyweight: approximately 1.55517 grams
- Troy ounce: approximately 31.10348 grams
- Avoirdupois ounce: approximately 28.34952 grams
How to improve accuracy
Use a calibrated scale, verify the hallmark, subtract stones and non-gold parts, and confirm the displayed market reference before making a decision.