What is your gold worth?
Melt values calculated live from each product's own fine gold content, at the current spot price of $4,417.65 per troy ounce. Melt is the metal value, not a dealer offer.
Gold coins
See allGold bars
See allMelt value is the floor, not the price
Every figure on these pages is a melt value: the gold content of the product multiplied by the live spot price. It is the one number in the transaction that nobody can argue with, because it is arithmetic rather than opinion.
What you actually pay is melt plus a premium, and what you are actually offered is melt minus a spread. Both are negotiable and both vary enormously by product and by dealer. Knowing the melt figure first is what turns a quote you cannot evaluate into a quote you can.
Why gross weight is the wrong number
A one-ounce American Gold Eagle weighs 33.931 grams, not 31.103. The extra is silver and copper, because the coin is 22 carat. It still contains exactly one troy ounce of gold - the alloy is added on top rather than mixed in at the expense of the gold.
Weighing a 22 carat coin and multiplying by spot therefore overstates it by about 9%. Every page here uses the fine gold content, which is why the Eagle and the 24 carat Buffalo show the same value despite weighing different amounts.