Finance calculator
Bullion Converter
Estimate gold, silver, platinum, and palladium bullion value by weight, purity, currency, and country or market basis using spot-market reference rates.
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.
Sources and assumptions
Bullion reference source notes
This profile covers bullion value estimates from spot prices, purity, weight, currency conversion, and broad market adjustment settings.
- Effective year
- 2026
- Last verified
- 2026-05-27
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.
- 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.
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.
How does the Bullion Converter calculate the result?+
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?+
Estimate gold, silver, platinum, and palladium bullion value by weight, purity, currency, and country or market basis using spot-market reference rates.
How accurate is the Bullion Converter?+
Bullion Converter applies the formula and assumptions shown on this page. Results may be rounded for readability, so verify changing rates, thresholds, medical guidance, or legal rules with the cited source or a qualified professional.
What should I check before using the Bullion Converter result?+
Check that the units, dates, rates, and assumptions match your situation. Change one input at a time to understand which values have the largest effect on the result.
Finance guide
How to use the Bullion Converter
Estimate gold, silver, platinum, and palladium bullion value by weight, purity, currency, and country or market basis using spot-market reference rates. 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.
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