gold formula

[jimmy28303]

Sorry if this is in the wrong place but it was the only forum that looked like it deals with gold. I am a coin dealer and am getting into purchasing scrap gold. Does anyone know the formula for finding a golds value using spot price, weight and quality of gold? Thanks.

 

[El Cooter]

http://www.dendritics.com/scales/metal-calc.asp


This what your looking for?

Cooter

 

[jimmy28303]

thats close, that was a calculator. I need the formula so i can do it on paper at shows. i dont have a computer at the shows

 

[barber]

I have what I think you want, but it's a whole page, giving prices at different spot prices , and weights, etc. I don't think I could print it all out here.

 

[auferret]

This might help. http://ezinearticles.com/?How-to-Discover-Your-Gold-Value---Breaking-Down-the-Formula&id=2252557