Daily spot prices

What's your gold actually worth today?

Daily spot prices from the LBMA, COMEX, and the global bullion market — distilled into a single, honest number. Built for the person at the kitchen table, not the trading desk.

Calculate now See live market
The benchmarks Per troy oz · USD
Au · Gold
$3,995.98
▼ 0.91%
Ag · Silver
$53.92
▼ 1.91%
Pt · Platinum
$1,553.39
▼ 1.44%
Pd · Palladium
$1,044.17
▼ 1.51%
Cu · Copper
$0.4503
▲ 0.76%
Al · Aluminum
$0.0941
▲ 0.53%
Six metals, one screen. Updated Sun, 25 Oct 2026 · 00:00 UTC
The Calculator

Weight & Value

Pick a metal, set its purity, weigh it. We multiply by the latest spot price and tell you the truth — no markups, no premiums, no spin.

Select metal
Select purity
Enter weight
Common items
Estimated melt value USD
$0.00
Pure content
—
Spot price · gram
—
Spot price · oz
—
As scrap (≈ 85%)
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Note: This is the melt value — the floor. A refiner pays 90–96% of this, a dealer 70–90%, a pawn shop often less.
The Portfolio

Your collection

Add several items — bars, coins, the necklace from Aunt Patricia — and watch their combined melt value move with the market. Stored only in your browser; we never see it.

Items in portfolio · 0
No items yet
"Add to portfolio" from the calculator above —
a coin, a chain, a sterling teaspoon. Each item updates with the market.
The Market

Current prices

Six metals, one screen. Sparklines show the last 30 days. Click any card to drill into history, dealer prices, and the calculator pre-loaded for that metal.

Au · per troy ounce
Gold
The classic
$3,995.98
▼ 0.91%
Per gram $128.47 30D -6.60%
Ag · per troy ounce
Silver
The industrial
$53.92
▼ 1.91%
Per gram $1.7336 30D -15.74%
Pt · per troy ounce
Platinum
The catalyst
$1,553.39
▼ 1.44%
Per gram $49.94 30D -12.10%
Pd · per troy ounce
Palladium
The unknown one
$1,044.17
▼ 1.51%
Per gram $33.57 30D -17.64%
Cu · per troy ounce
Copper
The everyday
$0.4503
▲ 0.76%
Per gram $0.0145 30D -3.58%
Al · per troy ounce
Aluminum
The light one
$0.0941
▲ 0.53%
Per gram $0.0030 30D -7.29%

About Precious Metals

Understanding Gold Pricing

Gold prices are quoted in troy ounces, which differ from standard ounces. One troy ounce equals approximately 31.1 grams. Key factors affecting gold prices include global economic conditions, currency fluctuations (especially the US dollar), central bank policies, supply and demand from jewelry and industrial sectors, and geopolitical events.

Weight Conversion Guide

Precious metals are measured using various units across different regions:

  • Troy Ounce: Standard unit for precious metals (31.1035 g)
  • Gram: Metric system base unit, widely used globally
  • Tola: Traditional South Asian unit (11.66 g)
  • Tael: East Asian unit, varies by region (37.5-38 g)
  • Kilogram: Used for large quantities (1000 g)

Purity Standards

Precious metal purity is measured using two main systems:

  • Karat (K): Used for gold, with 24K being pure gold (99.9%)
  • Fineness: Parts per thousand (e.g., 999 = 99.9% pure)
  • 18K Gold: 75% pure gold, 25% other metals
  • Sterling Silver: 92.5% silver, 7.5% other metals

Market Hours & Trading

Precious metals trade 24 hours a day across global markets. The Asian session covers Sydney, Tokyo, and Hong Kong. The European session centers on London (the largest gold market). The US session operates through the New York COMEX exchange. The most active trading occurs during the London-New York overlap (8am-12pm EST).

The Guide

How to know what you really have

Five questions before you walk into a pawn shop, post on eBay, or ship a chain to a refiner. The math takes ninety seconds. Knowing what to ask takes a lifetime, so we wrote you a shortcut.

01 Find the karat or stamp

The number stamped inside a ring, on the clasp of a chain, or under the head of a coin is the single most important fact about its value. 10K, 14K, 18K, 22K, 24K for gold. .925, .999 for silver. PT950, PLAT for platinum. No stamp doesn't mean no value — it means take it to a jeweler with an acid test or an XRF gun.

02 Weigh it in grams

A jeweler's scale that reads to a hundredth of a gram costs $15 on Amazon. Buy one. Kitchen scales are usually fine to a tenth. Weigh everything together if it's similar purity; weigh separately if not. Do not include the stones — they're cubic zirconia 95% of the time, and refiners ignore them anyway.

03 Multiply by purity

A 10 gram 14K ring is not 10 grams of gold. It's 5.83 grams of gold and 4.17 grams of base metal (copper, silver, nickel). The calculator above does this for you, but the formula is just: grams × karat ÷ 24. Or for silver: grams × the decimal stamp.

04 Multiply by the spot price

Spot is the wholesale price per troy ounce that banks and refiners trade at, set by the LBMA in London twice a day. One troy ounce = 31.1035 grams. Our calculator pulls live spot every day, so the number you see is what the market thinks your pure metal is worth, before anyone takes a cut.

05 Know what you'll actually get

Spot is the ceiling. From there, everyone takes a cut: refiners pay 90–96%, online dealers pay 85–92%, pawn shops pay 50–80%. If you walk in cold without a number in your head, you will leave with the lower end. If you walk in with this page on your phone, you won't.

06 Compare offers, always

Get at least three quotes before you sell anything over $200. Online dealers usually pay best for clean bullion. Local dealers usually pay best for scrap jewelry. The gap between the highest and lowest offer on the same chain can be 30% — real money for ten minutes of phone calls.

Read the full handbook →
FAQ

Asked & answered

Find answers to common questions about precious metals pricing, purity, and valuation.

01 Are precious metals going up in price?

Expert View: Prices are historically high but volatile. Gold first crossed $4,000/oz in October 2025, hit a record above $5,500/oz in late January 2026, and has since pulled back to roughly the $4,000–4,500 range. Silver made an even sharper round trip — from under $50/oz to nearly $118/oz at the January 2026 peak, then back to the mid-$50s.

The Drivers: This isn't just "inflation." Experts point to a structural shift in the global monetary system, aggressive gold accumulation by central banks (especially in India and China), and silver's critical role in the "green" economy (solar and EVs).

The Outlook: Nobody can reliably call the next move, and forecasts have missed in both directions. Silver stays far more volatile than gold because of its industrial demand and thinner market — check the live prices on this page rather than relying on predictions.

02 How do experts authenticate precious metals?

Expert View: Professionals use a "Hierarchy of Verification" to ensure authenticity without damaging the asset.

  • Non-destructive (XRF Analysis): Experts use X-ray Fluorescence scanners that "shoot" X-rays at the metal and read the returning radiation to give an exact elemental breakdown (e.g. 58.5% gold, 30% copper, 11.5% zinc).
  • Physical testing (Sigma Verifier): For bullion, electromagnetic-pulse devices like the Sigma Metalytics check conductivity through the entire bar, ensuring there isn't a tungsten core inside.
  • Visual appraisal: A 10× jeweler's loupe inspects hallmarks (e.g. 750 for 18K) and finish quality.
  • Acid / touchstone test: The traditional method — metal rubbed on a stone and tested with nitric acid. Effective but considered destructive as it removes a microscopic layer of metal.
03 What is the difference between "Spot Price" and "Buy Price"?

Expert View: This is the "Spread," and understanding it is the key to not overpaying.

Spot Price: The live, global market price for one troy ounce of raw, unfabricated metal. This is the "paper" price traded on exchanges like COMEX.

Buy Price (Retail Price): Spot Price + Premium. The premium covers:

  • Fabrication: Turning raw gold into a minted coin or stamped bar.
  • Distribution: Shipping, high-security storage, and insurance.
  • Dealer margin: The small profit the shop makes to keep the lights on.

Tip: A "good" premium for gold bars is typically 2–4%, while silver coins can command 15–20% due to higher manufacturing costs relative to value.

04 What is "Melt Value"?

Expert View: Melt value is the "floor price" — the absolute minimum an item is worth based solely on its metal content.

The Formula:

Total Weight × Purity × Current Spot Price = Melt Value

Why it matters: A vintage Tiffany necklace has high resale value (brand + design). But if the necklace is crushed, only the melt value remains.

The Scrap Reality: When you sell to a refinery or "cash-for-gold" shop, they pay you Scrap Value — usually 70%–95% of the melt value. They subtract a fee for the energy and chemicals to actually melt and refine your item back to 99.9% purity.