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 gold jumps, a lot of people instantly start talking like the metal itself just had a spiritual awakening. Suddenly gold is “surging,” “sending a signal,” or “proving” something deep about the future. Sometimes that is true. Sometimes gold really is being bid up for gold-specific reasons. But sometimes nothing dramatic happened to gold at all. The dollar just got worse. That distinction is the whole point of this piece, and a lot of otherwise smart people still miss it. They see a higher gold price and assume gold got stronger. Quite often the uglier, simpler explanation is that the measuring stick got weaker. ...