Enter the total cost per gram of gold ($/gram) and the total weight of gold (g) into the Gold Price Calculator. The calculator will evaluate and display the Gold Price.
Gold Price Formula
The following formula is used to calculate the Gold Price.
GP = CPG * W
- Where GP is the Gold Price ($)
- CPG is the total cost per gram of gold ($/gram)
- W is the total weight of gold (g)
To calculate the gold price, multiply the cost per gram of gold by the weight of gold.
How to Calculate Gold Price?
The following example problems outline how to calculate Gold Price.
Example Problem #1:
- First, determine the total cost per gram of gold ($/gram).
- The total cost per gram of gold ($/gram) is given as: 1,500.
- Next, determine the total weight of gold (g).
- The total weight of gold (g) is provided as: 3.
- Finally, calculate the Gold Price using the equation above:
GP = CPG * W
The values given above are inserted into the equation below:
GP = 1500 * 3 = 4,500.00 ($)
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 = ?
