Precious-Metals

If you’ve ever picked up a sterling silver spoon, bracelet, or candlestick and wondered, “What is this actually worth?” you’re not alone. Luckily, there’s a straightforward way to estimate the melt value of any sterling silver item. All you need is the current silver spot price, a kitchen scale, and one simple formula. The Formula The approximate melt value of sterling silver can be calculated with this formula: (Silver Spot Price) × (Weight in Avoirdupois Ounces) × 0.911 × 0.925 ...

When the price of gold rises, many investors assume something fundamental has changed about gold: increased demand, a looming crisis, or market momentum. But gold doesn’t always rise because it becomes more valuable in real terms. Sometimes, the price of gold increases simply because the currency it’s measured in has weakened. This distinction — between a real change in gold’s value and a change in the value of the currency — is critical, and rooted in foundational economic theory. Yet it’s often misunderstood, even by otherwise sharp observers. ...