Reference

Melt Value Calculator

The metal value of any coin or piece of jewelry at today's spot: gold, silver, platinum or copper, by weight and purity, or by counting U.S. silver coins.

Spot prices live, updated Oct 28, 1:01 PM

USD per troy ounce; copper per pound

Gold$4,046.40per troy oz

Silver$53.92per troy oz

Platinum$1,549.00per troy oz

Copper$6.6248per pound

Metal

Purity, % of pure metal

Weight

Unit

Common purities

Presets change with the metal: karats for gold, .950 and .900 for platinum, cent and nickel alloys for copper.

Modifier, % of melt

90 for a typical dealer payout · 115 for a 15% premium · 100 for melt alone.

Results update as you type.

Unit conversions

Weight units used in precious-metal trading

One	Grams	Troy oz	Pennyweight	Grains
Troy ounce	31.1035	1	20	480
Gram	1	0.0322	0.6430	15.432
Pennyweight	1.5552	0.05	1	24
Grain	0.0648	0.00208	0.0417	1
Pound	453.59	14.583	291.67	7,000

Spot prices · live, updated Oct 28, 1:01 PM

Unit conversions

Spot prices live, updated Oct 28, 1:01 PM