Understanding how a gold calculator works is very easy. The process is simple and user-friendly. First, the gold calculator takes the current gold price. This price is usually based on market rates and is updated regularly to show accurate value. Next, you enter the weight of your gold. You can choose the unit, such as grams or ounces. Most people prefer grams because gold jewelry is usually measured in grams. Once the weight is entered, the calculator moves to the next step.