Scrap Gold Calculator Online
Instantly estimate your scrap gold value by weight & karat with live prices. Get fair market estimates to negotiate better deals and avoid underpayment.
Calculate Scrap Gold Value
Current Gold Prices
| Item | Value |
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This is an estimate. Buyers may offer less or more depending on assay, stones, fees, and market conditions.
How to Use the Scrap Gold Calculator
Follow these simple steps to get an accurate valuation of your gold items
Choose Karat Purity
Select the karat purity of your gold (10K, 14K, 18K, etc.). Look for stamps on your items or have them professionally tested if unsure.
Enter Accurate Weight
Weigh your scrap gold using a precise scale and enter the amount. Choose from grams, ounces, milligrams, or pennyweight units.
Select Your Currency
Choose your preferred currency for the estimate. We support USD, EUR, GBP, CAD, and other major currencies.
Adjust Payout Percentage
Set the expected payout percentage based on your buyer type. Refineries typically pay 85-98% of melt value.
Calculate Your Value
Click the calculate button to get your estimate based on current live gold market prices updated every 5 minutes.
Compare & Negotiate
Use this estimate to compare offers from multiple gold buyers and negotiate the best possible price for your items.
Quick Start Guide
Specialized Gold Calculators
Gold Coin Calculator
Perfect for numismatic and bullion coins including American Eagles, Krugerrands, Maple Leafs, and other popular gold coins.
- ✓ 22K & 24K coin support
- ✓ Numismatic vs melt value
- ✓ Popular coin presets
Gold Jewelry Calculator
Specialized for rings, necklaces, bracelets, earrings and other jewelry pieces with detailed karat analysis.
- ✓ 10K to 24K jewelry support
- ✓ Scrap vs retail value
- ✓ Condition assessment
Gold Watch Calculator
Specialized for luxury watches, vintage timepieces, and gold-filled watches with brand and condition analysis.
- ✓ Luxury watch brands
- ✓ Gold-filled vs solid gold
- ✓ Vintage watch evaluation
Gold Chain Calculator
Perfect for necklaces, bracelets, and chain jewelry with style-specific valuation and weight calculations.
- ✓ Chain style analysis
- ✓ Length & weight factors
- ✓ Craftsmanship premiums
Gold Dental Calculator
Designed for dental gold including crowns, bridges, fillings, and other dental work with medical-grade accuracy.
- ✓ Dental gold types
- ✓ Condition-based pricing
- ✓ Medical gold standards
Gold Investment Calculator
Advanced calculator for gold investment planning, portfolio analysis, and long-term wealth preservation strategies.
- ✓ Investment portfolio analysis
- ✓ ROI & performance tracking
- ✓ Market timing insights
Which Calculator Should You Use?
Calculation Formula & Example
📐 Calculation Formula
- Weight = Your gold weight in grams
- Price per Gram = Troy ounce price ÷ 31.1034768
- Purity Factor = Karat ÷ 24
- Payout % = Buyer's percentage (85-98%)
💡 Example Calculation
Scenario: You have 10 grams of 18K gold jewelry
Current Troy Ounce Price: $3,527.76
Buyer Payout: 95%
Step-by-Step:
- Convert troy ounce to gram price:
$3,527.76 ÷ 31.1034768 = $113.42/gram - Calculate purity factor:
18K ÷ 24 = 0.75 (75% pure) - Calculate melt value:
10g × $113.42 × 0.75 = $850.65 - Apply payout percentage:
$850.65 × 95% = $808.12
Benefits of Using Our Scrap Gold Calculator
Maximize your gold's value with professional-grade calculations
Know the fair market value before selling to get the best possible offers from buyers.
Protect yourself from lowball offers by understanding your gold's true worth.
Track gold price fluctuations with live market data for optimal selling timing.
Calculate values for all gold purities from 8K to 24K with industry formulas.
No registration, no fees, no data collection. Completely private calculations.
Real-time prices from major exchanges ensure accurate market conditions.
Why Choose Our Calculator?
How Our Calculator Works
📊 The Complete Formula
Step-by-Step Breakdown:
• Grams: No conversion needed
• Ounces: Weight × 28.3495
• Pennyweight: Weight × 1.55517
• Milligrams: Weight ÷ 1000
Troy Ounce Price ÷ 31.1034768 = Price per Gram
Example: $2,650 ÷ 31.1034768 = $85.20/gram
Karat ÷ 24 = Purity Factor
Example: 14K ÷ 24 = 0.583 (58.3% pure)
Weight × Price per Gram × Purity Factor
Example: 10g × $85.20 × 0.583 = $496.72
Raw Value × (Payout % ÷ 100)
Example: $496.72 × 0.90 = $447.05
💡 Complete Example
Input: 10 grams of 14K gold, 90% payout, $2,650/troy oz
Calculation:
- Weight: 10 grams (no conversion needed)
- Price per gram: $2,650 ÷ 31.1034768 = $85.20
- Purity factor: 14K ÷ 24 = 0.583
- Raw value: 10 × $85.20 × 0.583 = $496.72
- Final estimate: $496.72 × 0.90 = $447.05
Tips Before Selling Scrap Gold
Essential preparation steps to maximize your selling success and avoid common pitfalls
Weigh at Home
Use a precise digital scale to verify weight before visiting buyers. This prevents disputes.
Separate by Karat
Group items by karat purity. Different purities have different values per gram. Learn about all karat types in our karat guide.
Remove Non-Gold
Take out stones, clasps, and other non-gold components that won't be included in the price.
Get Multiple Quotes
Visit several buyers to compare offers. Prices can vary significantly between dealers. Read our complete selling guide for tips.
Track Live Prices
Track live prices to sell during favorable market conditions. Visit our gold prices page for market trends.
Check Buyer Reputation
Research buyers online and check reviews before committing to a sale.