Independent metal price education and research How prices and calculations work

Price knowledge without the mystery

Know what metal is worth.

Understand the quoted market price, calculate contained-metal value, and compare a real offer without confusing spot, melt, scrap and retail prices.

Five starting markets

Learn each metal on its own terms

Precious metals are commonly quoted per troy ounce. Copper is commonly discussed per pound or metric tonne. The distinction matters.

Gold

Karat, fineness, troy weight, melt value and the difference between a benchmark and a buyer's offer.

Explore gold →

Silver

Sterling, coin silver, bullion, flatware and the premiums or deductions that change a sale price.

Explore silver →

Copper

Exchange benchmarks, pounds versus tonnes, cathode and the practical economics of scrap grades.

Explore copper →

Platinum

Investment bars, jewelry fineness and why a smaller retail market can create wider spreads.

Explore platinum →

Palladium

Industrial demand, jewelry purity and the care needed when estimating recoverable metal value.

Explore palladium →

From quote to cash value

One number is never the whole price

A useful valuation separates the market reference from the material inside an item and the costs of completing a real transaction.

Reference price

Identify the instrument, source, currency, unit, timestamp and whether the number is bid, ask, midpoint, fixing or futures.

Contained metal

Convert gross weight into fine-metal weight using karat, fineness, assay or a defensible recovery estimate.

Melt or benchmark value

Multiply fine-metal quantity by the comparable unit price while preserving the calculation so it can be checked.

Real transaction

Account for premiums, refining, contamination, testing, shipping, inventory risk, dealer margin and collectible value.

Useful without a data feed

Bring a price. Check the mathematics.

Each calculator accepts the published reference price you choose and shows its formula instead of hiding assumptions behind a single result.

Calculator

Gold value calculator

Model 9K through 24K gold, multiple weight units and a buyer payout percentage.

Calculate gold value →
Calculator

Silver melt calculator

Calculate fine, sterling, Britannia, coin and custom-purity silver values.

Calculate silver value →
Converter

Precious-metal weights

Convert grams, kilograms, troy ounces, ordinary ounces, pennyweights, grains and pounds.

Convert a weight →

The research library

Markets make more sense in context

Four cited long-form papers trace how weights, assay, coinage, mints, merchant networks, refineries and exchanges made metals saleable.

13,085 words

The history of precious-metals trading

Gold, silver, platinum and palladium from weighed metal to bullion coins, funds and digital claims.

Read the research →
15,148 words

The history of gold trading

How gold was weighed, tested, coined, benchmarked, financialized, recycled and sold.

Read the research →
11,806 words

The history of selling silver

Five thousand years of scales, coinage, hallmarks, global trade, industry and modern markets.

Read the research →
12,725 words

The history of selling copper

From Bronze Age ingots to merchant finance, exchange warrants, cathode contracts and graded scrap.

Read the research →

A standard for every future number

Source, unit, time and market basis

A number labeled only “metal price” is incomplete. All Metal Prices is being built around a stricter rule: identify what is priced, where, in which unit and currency, at what time, from which source, and whether that value is actually available to a retail seller.

Read the methodology