Enter the gold sell price ($) and the gold purchase price ($) into the Gold Margin Calculator. The calculator will evaluate and display the Gold Margin.
Gold Margin Formula
The following formula is used to calculate the Gold Margin.
GOM = (GSP – GPP) / GSP * 100
- Where GOM is the Gold Margin (%)
- GSP is the gold sell price ($)
- GPP is the gold purchase price ($)
How to Calculate Gold Margin?
The following example problems outline how to calculate Gold Margin.
Example Problem #1:
- First, determine the gold sell price ($).
- The gold sell price ($) is given as: 1000.
- Next, determine the gold purchase price ($).
- The gold purchase price ($) is provided as: 800.
- Finally, calculate the Gold Margin using the equation above:
GOM = (GSP – GPP) / GSP * 100
The values given above are inserted into the equation below and the solution is calculated:
GOM = (1000 – 800) / 1000 * 100 = 20 (%)
Example Problem #2:
For this problem, the variables required are provided below:
gold sell price ($) = 600
gold purchase price ($) = 400
Test your knowledge using the equation and check your answer with the calculator above.
GOM = (GSP – GPP) / GSP * 100 = ?
