Welcome to GoldSilverCalculator.com
Convert dollars into gold, silver, and more with our real-time precious metal calculators
Dollar to Gold & Silver
Gold
Updated: 04:34:56 AM
USD 3,358.45per oz
↓ 0.18%
Silver
Updated: 04:34:56 AM
USD 32.53per oz
↑ 0.25%
Dollar to Gold & Silver Calculator
$
Gold Weight
Silver Weight
This calculator converts a dollar amount into a combination of gold and silver based on your chosen allocation and current market prices.
The calculation uses the formula: (Dollar Amount × Allocation %) / Metal Price = Metal Weight in troy ounces
Frequently Asked Questions (FAQ)
What is the difference between gold karats?
Karats measure the purity of gold. 24K gold is 99.9% pure, while lower karats (18K, 14K, 10K) have proportionally less gold and more alloyed metals.
What does 'spot price' mean?
The spot price is the current market price at which gold or silver can be bought or sold for immediate delivery.
What is a troy ounce?
A troy ounce is the standard measurement for precious metals, equivalent to 31.1035 grams.
How does the Dollar to Gold & Silver Calculator work?
It converts a dollar amount into gold and silver weights based on your chosen allocation and current market prices.
Can I adjust the allocation between gold and silver?
Yes, you can choose allocations ranging from 0% to 100% for either metal.
How is the melt value calculated?
Melt value is calculated using the formula: Weight (in troy oz) × Purity × Current Metal Price.
Why invest in gold and silver?
Gold and silver serve as hedges against inflation, diversify investment portfolios, and retain intrinsic value during economic uncertainty.
What are common forms of investing in precious metals?
Bullion coins, bars, jewelry, ETFs, mining stocks, and collectible coins are common investment forms.
Are there risks involved in precious metals investing?
Yes, risks include price volatility, storage and security costs, and potential premiums over spot prices.
How does the Portfolio Tracker work?
The tracker helps you monitor the current value of your gold and silver holdings based on real-time market prices.
Is my portfolio data secure?
Yes, portfolio data is stored locally in your browser and not sent to any external server.
Can I view historical gold and silver prices?
Yes, our charts section provides historical price trends over selected time ranges.
