Purity and fine weight
answer different questions.
Purity describes the proportion of gold in a product. Fine weight describes the amount of pure gold it contains. Alloyed coins can therefore have the same fine-gold content as higher-purity coins while weighing more in total.
American Gold Eagle
The U.S. Mint specifies 91.67% gold, 3% silver and a copper balance for the Gold Eagle. Its one-ounce bullion coin contains one fine troy ounce, while its total weight is approximately 1.0909 troy ounces. Do not multiply the already-stated fine ounce by the purity a second time.
U.S. Mint: Bullion Coin Programs →American Gold Buffalo
The Mint’s bullion program specifies .9999 fine gold for the American Gold Buffalo. The one-ounce version contains one troy ounce of fine gold. Proof collector editions have a different finish and pricing basis; a collector price is not a generic bullion quote.
| One-ounce bullion reference | Eagle | Buffalo |
|---|---|---|
| Composition | 91.67% gold | 99.99% gold |
| Fine-gold content | 1 troy ounce | 1 troy ounce |
| What still varies | Premium, condition, availability and buyback terms | |
Gold bars & rounds
Read the maker’s specifications for fine weight, fineness and packaging. Compare like quantities of fine gold. A lower price per item can simply mean a smaller amount of metal.
Our planner accepts fine troy ounces or fine grams. For a product described only by gross weight, obtain its verified fine-gold content first. It does not assay metal or authenticate a product.
Compare two scenarios →Ask about the whole journey.
Request a written quote showing the product, fine quantity, premium and all fees.
Clarify who owns the metal, where it is held, insurance terms, access and ongoing charges.
Ask how a buyback price is set and whether shipping, testing or other fees apply.
These questions follow the consumer comparison framework in the CFTC’s physical-metals advisory. They do not establish whether a particular product or provider suits you.
CFTC: 10 Things to Ask Before Buying Physical Metals →