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.
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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:
- First, determine the current value of gold ($/ounce).
- The current value of gold ($/ounce) is given as: 1,200.
- Next, determine the purchase price of gold ($/ounce).
- The purchase price of gold ($/ounce) is provided as: 1000.
- 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 = ?
