This calculator gives an estimate before dealer premiums, spreads, refining costs, delivery costs or other fees.
How to use the Gold Value Calculator
Enter the current gold price per gram, the weight of your gold and the purity. The calculator converts the weight into grams, adjusts it for purity and estimates the metal value.
Where can I check the gold price?
Gold prices change throughout the day. For a more reliable estimate, check the current gold price from a recognised source before using this calculator.
UK users may wish to check The Royal Mint’s gold price page. For institutional benchmark pricing, the LBMA Gold Price is widely used across the global gold market.
What is the difference between an ounce and a troy ounce?
A standard ounce and a troy ounce are different units of weight. Gold and silver prices are usually measured using troy ounces rather than standard ounces.
1 standard ounce = 28.35 grams
1 troy ounce = 31.10 grams
A troy ounce is heavier than a standard ounce and is used internationally for precious metals such as gold, silver and platinum.
What is a tola?
A tola is a traditional unit of weight commonly used in South Asia and the Middle East for gold and silver.
1 tola = 11.6638 grams
Important note
This calculator gives an estimate of metal value only. The amount you receive when buying or selling gold may be different because of dealer premiums, spreads, refining costs, delivery costs or other fees. This is not financial advice.
Gold Value Calculator FAQs
Does this calculator use live gold prices?
No. This version uses a manual gold price input so you can enter the latest price from a trusted source.
Why does gold purity matter?
Gold jewellery is often mixed with other metals. For example, 22ct gold is not pure gold, so the calculator adjusts the estimate based on purity.
Is this the price I would receive for selling gold?
Not necessarily. Dealers may apply spreads, fees, refining costs or deductions. This calculator estimates the underlying metal value only.