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Precious Metals & Currency Converter

Real-time bullion valuation for Gold, Silver, Platinum, Palladium, and Copper across troy ounces, grams, carats, and pennyweights, coupled with universal multi-currency foreign exchange calculations.

Standard Benchmark Rates
Specimen Parameters1 Troy Oz = 31.1035 g

Gold Purity Valuation Breakdown (1 oz t)

Grade / KaratPurityPure ContentMelt Value (USD)
24K99.9%31.072 g$2,497.50
22K91.6%28.491 g$2,290.00
18K75.0%23.328 g$1,875.00
14K58.5%18.196 g$1,462.50
10K41.7%12.970 g$1,042.50
9K37.5%11.664 g$937.50
Total Estimated Valuation
$2,497.50USD
Melt value for 1 oz t of Gold (24K)
Pure Metal Mass
31.072 g
0.9990 oz t
Total Gross Mass
31.103 g
0.0311 kg
Price Per Gram (100% Pure)
$80.38
per pure gram
Spot Price (100% Pure)
$2500.00
per troy ounce
Engineering Specifications
Standard Density:19.32 g/cm³
Approx Specimen Volume:1.610 cm³ / mL
Troy vs Avoirdupois:1 oz t = 1.09714 oz (avdp)
Need structural material weights or density?Materials DB →

Engineering Guide: Troy Weights, Karats & Bullion Metallurgy

The Difference: Troy Ounce vs. Standard Ounce

In precious metals and precious gemstones, mass is measured in the Troy system, inherited from the medieval French trade city of Troyes.

  • 1 Troy Ounce (oz t) = exactly 31.1034768 grams
  • 1 Avoirdupois Ounce (oz) = approximately 28.3495 grams
  • 1 Troy Ounce = 1.09714 standard ounces (9.7% heavier)
  • 1 Kilogram = 32.1507 Troy Ounces

Gold Karat (kt) Calculation Formula

The karat rating measures the ratio of pure gold to alloy elements in 24 parts:

Melt Value = Specimen Mass (g) × (Karat / 24) × (Spot Price / 31.1035)

For silver, fineness is described as parts per thousand (e.g. 925 parts pure silver and 75 parts copper for Sterling Silver).