Calculate Recovered Gold Value
Gross value minus refining costs and deductions.
All monetary values are in USD. Actual refinery settlements can differ according to commercial terms and assay or recovery results.
How Gold Refining Value Is Calculated
Recovered Gold = Contained Gold × Recovery %
Gross Value = Recovered Fine Gold × Pure Gold Price
Net Value = Gross Value − Refining Fee − Other Deductions
Gross Gold Value vs Net Refining Value
Gross value represents the estimated market value of the recovered fine gold before the entered costs. Net value shows what remains after those specified costs and deductions.
Why Recovery Rate Matters Financially
Recovery directly affects the number of grams of fine gold available for settlement. Even a small difference in recovery can become significant when the feed contains a large amount of gold.
Keeping recovered fine-gold weight separate from gross monetary value makes the financial impact easier to audit.
Worked Example
Suppose the feed is 1,000 g, the assay is 75%, recovery is 98%, and fine gold is valued at $100 per gram.
Recovered Gold = 750 × 98% = 735 g
Gross Value = 735 × $100 = $73,500
Any refining fee or other deduction entered into the calculator is then subtracted from the gross value.
Why Assay and Recovery Should Be Kept Separate
Assay estimates the amount of gold in the feed. Recovery estimates the fraction of that gold successfully recovered. Combining them into one percentage hides important information about the refining result.
Important Limitations
The calculator is an estimate based on user-entered assumptions. Real settlements can include treatment charges, minimum fees, sampling and assay adjustments, commercial discounts or other terms not represented here.
Frequently Asked Questions
How is refined gold value calculated?
Recovered fine-gold weight is multiplied by the entered pure-gold price, then the specified costs are subtracted.
What is gross versus net value?
Gross is before entered fees and deductions; net is after them.
Does a refinery always pay the full market price?
No. Commercial settlement terms can include fees and deductions.
Does this calculate a guaranteed refinery payout?
No. It is an estimate.
Can assay and recovery be used?
Yes. They determine the estimated recovered fine-gold weight.