Gold price calculator
The Invezz gold price calculator helps you determine the value of gold in whichever fiat currency you’d like to be paid in. Keep reading to learn how our gold price calculator works, and how it can help you make informed decisions when buying, selling, or trading in scrap gold.
How to use our gold price calculator
Using our gold price calculator is a simple process. Just follow these steps:
- Enter the weight of your gold in grams.
- Enter the purity of your gold in carats.
- Select the currency you want to use for the conversion.
- The calculator will automatically tell you how much your gold is worth in your desired currency, based on its amount and purity.
How the gold price calculator works
The Invezz gold price calculator tool lets you convert different amounts of gold (measured by weight and purity) into the world currency of your choice. This means you can find out how much your gold jewellery or bullion is worth at current market rates.
Why should I use it?
You should use the gold price calculator if you’re planning to buy, sell, or transfer gold. By using our gold price calculator, you can instantly see how much gold you’d be buying, selling, or transferring, based on updated prices.
What is gold?
Gold is a precious metal that has been used as a form of currency since the 8th century BCE. Gold is also a popular investment vehicle, and often serves as a safe haven for investors during stock market slumps and economic downturns because of its ability to hold value even when markets are turbulent.