Standard Calculator
Target: Estimates the value of a gold quantity, or how much gold a given amount buys.
- Currency: Sets the currency results are shown in.
- Calculation method: Choose "I have gold" or "I have an amount".
- Quantity in grams: Enter the quantity to calculate its value.
- Amount: Enter the amount to see how much gold it buys.
- Karat: Choose the gold purity (24, 22, 21, 18).
- Future gram price: (optional) to compare the current price with an expected one.
Calculation method: The ounce price is converted to a 24K gram price, multiplied by the karat ratio, then converted to the local currency. Total value is quantity × price, or quantity is amount ÷ price.
Advanced Calculator (for Traders)
Target: Calculates the final retail price from cost, profit margin and VAT.
- Ounce price: Loaded automatically from the selected currency, or entered manually.
- Currency: Sets the displayed currency.
- Item type: Sets the making charge automatically (bullion, ring, etc.).
- Making charge: Adjustable manually or automatically.
- Profit margin: The percentage added as the dealer's profit.
- VAT rate: The government-set rate.
Calculation method: The ounce price is converted to a 24K gram price, multiplied by the karat ratio, then making charge, profit and VAT are added. The used buy-back price is calculated at a 5% discount.
