What is spot price?
What the phrase usually means, what it leaves unspecified and why it is not a guaranteed retail transaction.
Read the guide →Gold, silver, copper, platinum and palladium
Shorter task-focused explanations complement the research library and help readers compare prices, convert units and evaluate a transaction.
Core concepts
These concepts apply across several metals and prevent the most common comparison errors.
What the phrase usually means, what it leaves unspecified and why it is not a guaranteed retail transaction.
Read the guide →Why a coin or bar costs more than contained metal and sells back at a different price.
Read the guide →Convert precious-metal units without confusing a troy ounce with an ordinary ounce.
Use the guide and converter →Start with a primary market-reference source, then capture its unit, currency, quote type and timestamp.
Find price sources →By metal
Understand 375, 417, 585, 750, 916 and 999 fineness and their approximate karat equivalents.
Read the gold purity guide →Separate 925 silver's fine-metal content from craftsmanship, condition, provenance and selling costs.
Read the sterling guide →Understand cents per pound, dollars per tonne, refined cathode and why scrap grades receive different offers.
Read the copper price guide →The source, unit, timing, conversion and correction fields every future data point must carry.
Read the methodology →Convert a stated troy-ounce reference into a per-gram figure, then keep purity and real offers separate.
Read the gold-per-gram guide →Separate wire, tubing, insulated cable, alloys and uncertain material before requesting comparable quotes.
Use the sorting checklist →Selling checklists
Sorting, documenting and comparing like-for-like bids can matter as much as the arithmetic.
Protect collectible value, document weight and purity assumptions, understand testing, and compare itemized offers.
Read the gold selling checklist →Sort sterling, coins, flatware and plated pieces before estimating fine-metal value and contacting buyers.
Read the silver selling checklist →Document form, fineness and net weight; protect resale value before treating an item as melt material.
Read the platinum selling checklist →Separate known-fineness items from industrial material that requires specialist identification or assay.
Read the palladium selling checklist →Work from the item in front of you
These practical paths separate identification, contained-metal arithmetic and a real buyer offer so one uncertain step does not become a confident-looking number.
1. Identify
Use marks and construction clues safely before deciding whether a silver-content calculation applies.
Identify silver first →2. Choose a value route
Keep an item's identity, collectible features and components in view before treating it as recoverable metal.
Choose the right value route →3. Prepare a sale
Sort a lot, document weight and make buyers quote the same material before comparing a rate.
Prepare copper for sale →4. Compare
Subtract documented deductions and route costs from two offers in the same currency.
Compare net offers →