Gold calculators & goldsmith reference tools
FAQ
Answers to common questions about gold spot prices, karats, and calculator accuracy.
Frequently Asked Questions
What is the spot price?
It is the reference price for one troy ounce of pure gold on global markets.
Is this live pricing?
No. We display a spot reference price cached to reduce API usage.
Why do dealer payouts differ?
Refining fees, handling costs, and dealer margins reduce payouts versus spot.
What is a troy ounce?
A troy ounce equals 31.1034768 grams and is used for precious metals.
What do 14k and 18k mean?
Karat indicates gold content. 18k means 18/24 gold, or 750 fineness.
How accurate are the calculators?
They use deterministic formulas and spot reference prices for estimates only.
How often is the price updated?
Once or twice per day to stay within provider rate limits.
Where does the price data come from?
We use MetalpriceAPI for spot reference pricing.
Can I use this for buying or selling advice?
No. The site provides informational tools only, not financial advice.
How can I contact you?
Email us at info@automationsmalta.com.