• CPG is the total cost per gram of gold ($/gram) • W is the total weight of gold (g) ## How to Calculate Gold Price? The following example problems outline how to calculate Gold Price. Example Problem #1: 1. First, determine the total cost per gram of gold ($/gram).
1. The total cost per gram of gold ($/gram) is given as: 1,500. 2. Next, determine the total weight of gold (g). 1. The total weight of gold (g) is provided as: 3. 3. Finally, calculate the Gold Price using the equation above: GP = CPG * W The values given above are inserted into the equation below: GP = 1500 * 3 = 4,500.00 ($)

Example Problem #2:

For this problem, the variables needed are provided below:

total cost per gram of gold (\$/gram) = 600

total weight of gold (g) = 20

This example problem is a test of your knowledge on the subject. Use the calculator above to check your answer.

GP = CPG * W = ?