Precious Metals, Gold, Silver & Platinum Bullion Calculator
Calculate scrap value, bullion weight (grams, troy oz, tolas), and spot market price in AUD.
Input Parameters
Calculation Results
Formula & How Precious Metals, Gold, Silver & Platinum Bullion Calculator Works
Australia is one of the world's largest gold producers, anchored by historic mining hubs like Kalgoorlie's Golden Mile and the Perth Mint. 1 Troy Ounce equals 31.1035 grams (heavier than a standard 28.35g kitchen ounce).
- Enter Precious Metal: Input your target parameter value.
- Enter Purity / Karat / Fineness: Input your target parameter value.
- Enter Item Weight: Input your target parameter value.
- Enter Weight Unit: Input your target parameter value.
- Enter Spot Price per Troy Ounce (AUD $): Input your target parameter value.
- Apply Formula: Calculate using
Pure Metal (g) = Total Grams × Purity | Intrinsic Value = Pure Troy Oz × Spot Price. - Review Results: View exact computed answers, metrics, and worked mathematical proofs.
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Frequently Asked Questions (FAQs)
How many grams are in 1 Troy Ounce of gold?
There are exactly 31.1034768 grams in 1 Troy Ounce of gold, silver, or platinum.
What is the difference between 9K, 18K, and 24K gold?
24K is 99.99% pure gold. 18K contains 75% pure gold alloyed with silver/copper for durability. 9K contains 37.5% pure gold, popular in Australian everyday jewelry.
What is the Perth Mint standard?
The Perth Mint in Western Australia refines over 90% of Australia's newly mined gold to a guaranteed minimum 99.99% purity.
Authoritative Standards & Verified Reference Citations
Calculations and mathematical logic on this page are grounded in published statutory rules, regulatory standards, and official government data published by the following bodies:
Australia's official bullion refinery refining over 90% of newly mined Australian gold to 99.99% purity.
National geoscience authority on Australian critical minerals, gold, LNG gas, and energy reserves.
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