MetalMetric Melt tool • live spot
Gold $— / oz t
Silver $— / oz t
Platinum $— / oz t
Updated —
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Gold, Silver & Platinum Melt Value Calculator

Live spot when available. Purity ladder for silver. Junk silver mode uses ASW multipliers (spot × ASW).

Input

24K (0.999)
Fetching spot…

Melt Value

USD / oz t
Total Melt Value
$—
—
Weight
—
—
Purity
—
—
Pure metal
—
—
Spot price
—
—
Formula
pure_g = weight_g × purity
Conversion
oz t = pure_g × 0.0321507466
Value
USD = oz_t × spot
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FAQ

How is melt value calculated?
Purity mode:
  1. pure_grams = weight_grams × purity
  2. troy_oz = pure_grams × 0.0321507466
  3. value = troy_oz × spot (spot is $ / oz t)
Junk silver mode uses the equivalent shortcut: value = spot × ASW, where ASW is fine silver troy ounces.
Why does it use troy ounces?
Precious metals are quoted in troy ounces (oz t). Regular ounces and pounds are avoirdupois units. We convert everything to grams, then to troy ounces.
What is ASW (Actual Silver Weight)?
ASW is the amount of fine silver in a coin, expressed in troy ounces. Melt value is spot ($/oz t) × ASW (oz t).

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