Understanding 22K Gold Scrap Value
22 karat gold contains 91.67% pure gold (22 parts gold, 2 parts alloy), making it one of the highest purity gold alloys used in jewelry. It's especially popular in Middle Eastern, Indian, and Asian markets.
22K Gold Scrap Price Per Gram Today
| Weight | Melt Value | Typical Offer (80%) |
|---|---|---|
| 1 gram | $102.00 | $81.60 |
| 10 grams | $1,020.00 | $816.00 |
| 1 oz (31.1g) | $3,172.00 | $2,537.60 |
Where 22K Gold Is Common
- India & Pakistan: Traditional wedding jewelry, bangles, necklaces
- Middle East: Gold coins, jewelry, investment pieces
- Southeast Asia: Bracelets, chains, religious items
- China: Investment bars, high-purity jewelry
22K vs. Other Karat Purities
| Karat | Purity | Value/Gram | Common Uses |
|---|---|---|---|
| 24K | 99.99% | $104-$108 | Coins, bars, investment |
| 22K | 91.67% | $95-$100 | High-value jewelry |
| 18K | 75.00% | $78-$82 | Fine jewelry (US/Europe) |
| 14K | 58.33% | $61-$65 | Everyday jewelry (US) |
Frequently Asked Questions
What is 22K gold scrap worth per gram?
22K gold (91.67% pure) is worth approximately $95-105 per gram based on current spot prices around $3,200/oz. Dealers typically pay 80-90% of melt value, or $76-95 per gram.
Is 22K gold better than 24K for scrap?
24K gold (99.99% pure) has slightly higher scrap value than 22K (91.67% pure) – about 8-10% more per gram. However, 22K is more durable due to the small alloy content, making it popular for wearable jewelry.
How do I identify 22K gold?
Look for stamps like "22K", "22KT", "916" (parts per thousand), or "91.6" on jewelry. The "916" marking is common on Indian and Middle Eastern gold.
Why is 22K gold popular in India?
Indian tradition favors high-purity gold (22K/24K) for wedding jewelry and gifts. It's considered auspicious and holds excellent resale value. The high purity also appeals to families treating jewelry as an investment.
Can 22K gold be sold anywhere?
Yes, most gold buyers, pawn shops, and refiners accept 22K gold. Due to its high purity, it's one of the most desirable scrap gold types and often commands premium dealer payouts (85-95% of melt value).