Run it yourself
Four Numbers Decide This
Not one number. People compare what a buyer would pay against nothing at all, which is why the decision so often goes the way it does.
No credit check and no obligation. If borrowing is the wrong answer for your situation, you will be told that first.
Starting point
The live market
Per troy ounce, updated continuously. This is what the advance is calculated against — it is not an offer.
Estimate
What you could borrow
Up to 65% of market value, minimum $15,000 — roughly $23,000 of metal.
Instant estimate
What could you borrow?
Enter the ounces you hold. We advance up to 65% of market value.
| Metal | Spot / oz | Your oz | Value |
|---|---|---|---|
| Gold | $4,600.00 | $0.00 | |
| Silver | $69.00 | $0.00 | |
| Platinum | $1,840.00 | $0.00 | |
| Palladium | $1,329.00 | $0.00 |
Estimate only. Final advance rate and terms are confirmed after your collateral is inspected and verified. Spot prices are indicative and move continuously. Minimum loan is $15,000 (about $23,077 in collateral value at our65% rate).
These are business-purpose loans and are not offered for personal, family or household use. Not available in Nevada, Vermont, North Dakota and South Dakota. If metal prices fall materially we may contact you about adding collateral or paying down the balance to keep the loan-to-value in range.
The real comparison
The four numbers
1
What a sale nets you
Not the spot price. Spot less the spread — nobody pays full spot, and any buyer claiming to is leaving something out.
2
The tax the sale creates
Often the largest figure in the whole comparison and almost always the one left out. Your accountant, not us.
3
What rebuilding would cost
Tomorrow's market plus a dealer premium. Zero if you would never rebuild — and that is the honest test.
4
Interest over your actual term
The cost of borrowing. Single-digit, interest-only, no prepayment penalty — so a short term is genuinely cheap and a long one is not.
Add one and two together and compare against four. Number three only counts if you would genuinely buy the metal back. If you would not, the comparison is much simpler and selling usually wins.
Each number, in detail
The Spread
gold buy sell spread cost
Explore →
The Tax Event
capital gains tax selling gold
Explore →
Losing the Position
sell gold lose position
Explore →
Replacement Cost
buy back gold after selling cost
Explore →
Selling on Someone Else's Schedule
forced to sell gold bad timing
Explore →
What Borrowing Costs
metals loan risks cost
Explore →
FAQ
Common questions
- Are these figures a quote?
- No. They are estimates against indicative spot prices and our stated advance rate. The real number follows verification of your collateral.
- Why can I only borrow 65%?
- The margin absorbs a price move during the term. A higher advance rate means a margin call arrives much sooner, which would be your problem rather than ours.
- Where do the prices come from?
- A live market feed, refreshed through this site's own domain. No third-party script runs on this page.
- Does the calculator include tax?
- No, and it cannot. Your basis, holding period and entity decide that. It is often the largest number in the comparison, which is exactly why it belongs with your accountant.
- What is not in these numbers?
- Interest over your actual term, any tax on a sale, and the cost of rebuilding a position later. The first is knowable, the second is yours to establish, the third depends on a future price.
Next step
Run it both ways before you decide.
No credit check and no obligation. Tell us what you hold and what the money is for, and if selling is the better answer for your situation you will be told that first.
Business purpose only. Not available in Nevada, Vermont, North Dakota and South Dakota.