Find out exactly how much a bullion product costs above its underlying gold value. Use the total weight, purity and spot price to calculate the metal value, then compare it with the quoted dealer price.
A bullion premium can reflect fabrication, minting, packaging, distribution, inventory, scarcity and commercial costs. The calculator measures the price difference; it does not identify which component created that premium.
Taxes, shipping and other unavoidable acquisition costs can materially alter what you actually pay. Including them gives a more realistic effective premium than using the sticker price alone.
The amount paid above the spot-equivalent metal value.
Effective product price minus spot-equivalent value.
Yes.
Only if you include it in the purchase-cost field.