The Palladium Calculator has equations, constants and online data useful for Jewelers and other merchants of palladium.
Functions:
Palladium Buy Price: Computes the Jeweler's Buy Price for palladium based on the current value of palladium, the percent purity, a scrap processing fee, and the jeweler's profit margin.
How Much Palladium I Can Buy: Computes the weight of palladium one can buy based on the amount of money one has, the current price of palladium and a reasonable retailer markup.
Data Items
Palladium SPOT ($/oz): Current market spot price for palladium in dollars per troy ounce.
Palladium SPOT ($/g): Current market spot price for palladium in dollars per gram.
The formulas and data include the SPOT price is in U.S. dollars per gram (currently $31.09per gram). The values are updated every two minutes.
The Palladium Calculator is useful for those who buy scrap metal or those who wish to have an estimate of the value of their scrap metal.
Palladium Value (Scrap Buy Price)
The Palladium Value (Jeweler's Buy Price) equation lets you:
enter the weight of your scrap palladium on one of many units,
It then asks for the purity (e.g. % pure silver).
It then asks for a refiners fee (e.g. 5%), and
it asks for the fee (profit) of the buyer.
It then returns the buy price of the palladium accounting for the above factors and the current palladium spot price.
SPOT Prices
This is a simple equation where you choose a precious metal from the list, enter the weight of the refined metal you have and it provides a current value based on the current SPOT price. The default amount is one Troy ounces so the spot price of the metals is provided by default.