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All Metals Bullion Value

Last modified by
on
Sep 23, 2024, 4:28:17 PM
Created by
on
May 26, 2016, 1:10:25 PM
TV=f(gold,0,0,0)
(Au)Gold Bullion Weight
(Pt)Platinum Bullion Weight.
(Pd)Palladium Bullion Weight
(Ag)Silver Bullion Weight
Tags
Gold Precious Metals Platinum Silver Palladium
UUID
3629be24-2343-11e6-9770-bc764e2038f2

The All Metals Bullion Value calculator computes the current combined value of individual weights of gold, silver, platinum and palladium refined (0.999) bullion.  

INSTRUCTIONS: Choose units and enter the following:

  • (Au) Gold Bullion Weight 
  • (Pt) Platinum Bullion Weight 
  • (Pd) Palladium Bullion Weight
  • (Ag) Silver Bullion Weight

Total Value (TV): The calculator returns the total value of bullion in U.S. dollars.  However this can be automatically converted to compatible units via the pull-down menu.

The Math / Science

              Bullion SPOT PRICES  
      Metal   ($/gram)  ($/troy_oz)   
         Gold $100.461 $3124.69  
 Platinum $31.315 $974.01  
Palladium $30.865 $960.01  
        Silver   $1.088   $33.84  
   Updated every Five Minutes  
The All Metals Bullion Value calculator retrieves the SPOT price for gold, platinum, palladium and silver from the markets every two minutes. It uses these spot prices to compute the total value of the bullion entered.  Bullion, in this regard, is a reference to precious metals that have been refined to 0.999 purity.  

The default weight units are Troy ounces.  However, the user can select other convenient weight units such as pennyweight, grams, kilograms, pounds or even metric and U.S. tons. vCalc automatically converts the weight into Troy Ounces and then fetches the current spot prices for the calculations.

SPOT comes from /www.xmlcharts.com/cache/precious-metals.xml
This equation, All Metals Bullion Value, references 5 pages
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