Bullion profit calculator
Short answer: Profit is the sale value of the pure metal, less the selling fee or spread, minus everything you paid. For 91.1 g of fine gold bought for 5,890 and sold at 2,300 per troy ounce with a 2% fee, the profit is about 705, a return of roughly 12%.
How to use it
- Enter the total you paid, including premium, shipping and fees.
- Enter the weight, its unit and the fineness of the metal you are selling.
- Enter the price per troy ounce you expect to get, and the selling fee or spread as a percentage.
- Read your profit after fees, your return on cost and the net proceeds.
Formula: profit = (fine troy oz × selling price × (1 − fee%)) − total cost
Questions
What fee should I enter?+
Use the gap between spot and what the buyer will actually pay, plus any commission or shipping. Ask for a written quote and enter the real figure.
Does this include tax?+
No. Tax on precious metal gains differs by country and by how long you held the metal, so check local rules or ask a qualified adviser.
Why is my profit lower than the spot move suggests?+
Because you paid a premium to buy and receive a price below spot to sell. Both costs come out of your gain.
How do I get my total cost?+
Add up every purchase including premium and shipping, or let BullionKeeper record it per piece. The average cost calculator helps with several purchases.
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