How It Works
The value is weight in grams times the price per gram you enter times the purity fraction. This tool does not use a live platinum price, because no verified live platinum feed is connected. Enter the price per gram you were quoted.
How to Use
Enter the weight, unit, purity percent and the platinum price per gram from your quote, then press Calculate. The price you enter is clearly labelled as your own figure, not a live price.
All Tools | Gold Price in Saudi Arabia | Blog | Related: gold value calculator silver price calculator gold vs silver calculator
Frequently Asked Questions
Does this calculator use a live platinum price?
No. No verified live platinum feed is connected, so you enter the price per gram from your own quote. The tool never invents a live platinum price.
How is platinum value calculated?
Weight in grams times the price per gram times the purity fraction. For example, 10 grams at 95% purity uses 9.5 grams of pure platinum.
What purity is platinum jewelry?
Platinum jewelry is often 950 fineness, which is 95% pure platinum.
Where do I get the price per gram?
Use the price your dealer quotes, or divide a quoted per-ounce price by 31.1034768 to get the per-gram price.
Is the result exact?
It is only as accurate as the price you enter. Check the quote date and currency before relying on it.