How it works
Gold and silver remain popular hedges against inflation and market turmoil. Whatever form you hold — bars, coins, jewelry — you only need the net weight and current spot price to see its value. Korean gold prices are often quoted per "don" (3.75g); convert to grams before entering.
FAQ
Q. Does this account for VAT or fabrication fees?
A. No — this is a pure weight × spot-price valuation. Actual resale proceeds may be reduced by VAT and dealer fees.
Q. Can I use the same formula for silver?
A. Yes — just swap in silver's weight and spot price and the same math applies.