Finance calculator
Bullion Converter for Gold and Silver
Estimate gold, silver, platinum, and palladium value by gram, tola, ounce, purity, currency, market basis, and historical chart range.
FormulaEstimated value = troy ounces x metal price per troy ounce x purity factor x market adjustment x currency rate
Formula
Bullion value formula
Bullion values are references, not dealer quotes. Country retail bases are broad approximations and do not replace live city, jeweller, exchange, assay, fabrication, tax, or buy-sell spread quotes.
Estimated value = troy ounces x metal price per troy ounce x purity factor x market adjustment x currency rate
One tola is about 11.6638 grams, or 0.375 troy oz. Country retail bases approximate local premiums above international spot, but city and dealer quotes can still differ.
SourcesThis profile covers bullion value estimates from spot prices, futures-history references, purity, weight, currency conversion, and broad market adjustment settings.
Sources and assumptions
Bullion reference source notes
This profile covers bullion value estimates from spot prices, futures-history references, purity, weight, currency conversion, and broad market adjustment settings.
- Effective year
- 2026
- Last verified
- 2026-07-09
Bullion values are references, not dealer quotes. Country retail bases are broad approximations and do not replace live city, jeweller, exchange, assay, fabrication, tax, or buy-sell spread quotes.
Official and reference sources
Assumptions
- Spot mode estimates metal value before dealer premiums, spreads, taxes, and making charges.
- Historical charts use exchange-traded futures as a reference series for bullion history.
- Country retail modes use broad market-basis adjustments rather than city or dealer quotes.
- Purity is applied as a numeric factor to the gross metal weight.
Not included
- Live dealer bid/ask spreads, hallmarking, assay charges, making charges, GST/VAT, import duties, and city-level pricing.
- Collectible premiums, coins with numismatic value, storage costs, and settlement delays.
- Guaranteed buyback or sellable value.
FAQ8 common questions for this calculator.
FAQs
Is this a dealer buy or sell price?+
No. It is an estimated reference. Spot mode excludes premiums and spreads; country retail modes apply broad local-market adjustments.
Which metals are supported?+
Gold, silver, platinum, and palladium are supported with common bullion weight units.
Can I calculate gold value by gram, tola, or ounce?+
Yes. Choose the weight unit that matches your quote or jewellery weight, then select metal, purity, market basis, and currency.
Why can local gold prices differ from the bullion estimate?+
Local quotes can include making charges, dealer spreads, taxes, assay or purity differences, city premiums, and buy-sell margins.
Can I view historical bullion values?+
Yes. The chart can show up to 12 months of historical reference values for the selected metal, currency, market basis, weight, and purity.
How does the Bullion Converter calculate the result?+
For the Bullion Converter, it uses the Bullion value formula: Estimated value = troy ounces x metal price per troy ounce x purity factor x market adjustment x currency rate. One tola is about 11.6638 grams, or 0.375 troy oz. Country retail bases approximate local premiums above international spot, but city and dealer quotes can still differ.
What information do I need to use the Bullion Converter?+
Enter the metal weight, choose the metal, purity, unit, currency, and market adjustment. Custom purity should be entered as a percentage from 0 to 100.
How accurate is the Bullion Converter?+
Bullion Converter is accurate for the rates, amounts, dates, and rules entered. It uses the Bullion value formula shown on this page. Real products can differ because of fees, taxes, contract terms, or changing official thresholds.
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Finance guide
How to use the Bullion Converter
Estimate gold, silver, platinum, and palladium value by gram, tola, ounce, purity, currency, market basis, and historical chart range. The page also explains the bullion value formula and shows a practical example: One tola is about 11.6638 grams, or 0.375 troy oz. Country retail bases approximate local premiums above international spot, but city and dealer quotes can still differ.
- 1
Enter your details
Enter the source value, then choose the units or values you want to convert.
- 2
Check the calculation
Review the result alongside the bullion value formula: Estimated value = troy ounces x metal price per troy ounce x purity factor x market adjustment x currency rate.
- 3
Compare scenarios
Change one or more inputs to see how they affect the bullion Converter result before you use the estimate.