The Silver Bullion Value equation Australian Koala Bullion Coin calculates bullion value based on its weight and the current silver spot price in U.S. dollars.
INSTRUCTIONS: Choose the preferred units and enter the following:
Silver Bullion Value: The value of the silver bullion is returned in U.S. dollars. However this can be automatically converted to other currency units via the pull-down menu.
Bullion prices assume a 99.9% (0.999) purity of the silver. Bullion silver is typically highly refined silver that comes in minted bars, rounds or coins like the Australian Koala's in the picture.
SPOT comes from /www.xmlcharts.com/cache/precious-metals.xml