Gold Weight Calculator

The gold weight calculator will return the amount of gold or silver you need to make basic shapes like wires, cylinder bars, or sheets out of the precious metals. The calculator takes into account the dimensions of the basic shapes and estimates the volume. You can select from different types of gold standards to find the mass of gold or silver needed to build the chosen shape. You can also enter the cost of gold or silver per unit mass to estimate the expenses. Read on to understand how to calculate gold weight for coins or bars.

Before estimating the mass and cost for the project, let's look at different gold standards to understand the calculation of gold weight. Fineness denotes the purity of a precious metal like gold, platinum, and silver. Often impurities are added to the pure or base metal to improve the overall properties. Such contaminants help enhance the durability and hardness of the objects made out of them. It also helps in introducing different colors and reduces the costs of jewelry or other products.

The fineness is denoted in the purity of platinum, gold, or silver alloy by parts per thousand of pure metal. For instance, the minimum gold standard is 333, which contains 33.3% of pure gold and 66.6% of other alloys. Similarly, other standards for gold are:

The gold also has a karat system (k), which is the measure of gold purity in parts per 24 parts whole. Mathematically:

where:

• $K$ — Karat rating of material;
• $M_g$ — Mass of pure gold in the alloy; and
• $M_m$ — Total mass of material.

To calculate gold weight:

1. Select the shape from the list — sheet, wire, cylinder, or rondelle.
2. Select the material to pick fineness, or you can directly enter the density of the material (after selecting Enter a custom density first).
3. Enter the percent of material wasted during melting and fabrication.
4. Fill in the respective dimensions of the shapes.
5. The gold weight calculator will return the mass of the object using the volume.
6. Insert the cost per unit mass for the metal/alloy to receive a cost estimate.
7. The calculator will return the cost of material used.

The calculator covers the basic shapes, and if you wish to try other forms, such as the weight of a gold bar, you can try our metal weight calculator. Otherwise, if you know the price of your gold bar, you can use this tool as a gold price per gram calculator. If you're interested in how much a certain amount of money would weigh in various denominations, you can check out the money weight calculator.

Calculate the mass and cost of a sheet having the following dimensions: $1 \text{ m} \times 0.5 \text{ m} \times 5 \text{ mm}$ made using the fine gold. Take the wastage percentage as 5% and the price of gold as $65.56 / g.

To calculate gold weight:

1. Select the shape from the list as sheet.
2. Select the material to pick fineness as Gold - fine.
3. Enter the percent of material wasted as 5%.
4. Fill in the sheet's length, width, and thickness as 1 m, 0.5 m, and 5 mm, respectively.
5. The gold weight calculator will return the mass of the object, after accounting for wastage as 45.84 kg.

6. Insert the cost per unit mass for the fine gold as $65.56 / g.
7. The calculator will return the cost of material used as $3,163,270.