Enter the current value of gold ($/ounce) and the purchase price of gold ($/ounce) into the Return on Gold Calculator. The calculator will evaluate and display the Return on Gold. 

Return on Gold Formula

The following formula is used to calculate the Return on Gold. 

ROG = (CVG – PPG) / PPG * 100

  • Where ROG is the Return on Gold (%)
  • CVG is the current value of gold ($/ounce) 
  • PPG is the purchase price of gold ($/ounce) 

How to Calculate Return on Gold?

The following example problems outline how to calculate Return on Gold.

Example Problem #1:

  1. First, determine the current value of gold ($/ounce). 
    • The current value of gold ($/ounce) is given as: 1,200.
  2. Next, determine the purchase price of gold ($/ounce). 
    • The purchase price of gold ($/ounce) is provided as: 1000.
  3. Finally, calculate the Return on Gold using the equation above: 

ROG = (CVG – PPG) / PPG * 100

The values given above are inserted into the equation below and the solution is calculated:

ROG = (1200 – 1000) / 1000 * 100 = 20 (%)

Example Problem #2: 

For this problem, the variables needed are provided below:

current value of gold ($/ounce) = 600

purchase price of gold ($/ounce) = 400

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

ROG = (CVG – PPG) / PPG * 100 = ?