Melt value is the intrinsic worth of the pure gold in your item at current spot prices. It represents the maximum theoretical value if the gold were refined and sold on the commodity market.

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Gold Scrap Calculator – Find Your Gold's True Worth Instantly

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Karat / Purity

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Dealer Offer % 80%

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How It Works

Three Simple Steps to Find Your Gold's Value

No expertise needed — our calculator does the math using live spot prices.

Weigh Your Gold

Place your gold on a digital scale. Enter the weight in grams, pennyweights, or troy ounces. Even regular ounces work — we convert automatically.

Select the Karat

Look for hallmarks stamped on your jewelry: 375=9ct, 585=14K, 750=18K, 916=22K, 999=24K. Choose the matching karat button.

Get Live Value

Instantly see your gold's melt value and estimated dealer offer in your chosen currency, based on the current live spot price.

Live Prices

Today's Scrap Gold Price Per Gram

Live rates updated every 60 seconds. Select currency to convert.

Karat	Purity	Hallmark	Per Gram	Per DWT	Per Troy Oz	Per Av. Oz
24K	99.99%	999	—	—	—	—
22K	91.67%	916	—	—	—	—
18K	75.00%	750	—	—	—	—
14K	58.33%	585	—	—	—	—
10K	41.67%	417	—	—	—	—
9K	37.50%	375	—	—	—	—
8K	33.30%	333	—	—	—	—

Explore More

Gold Prices by Karat & Country

Dedicated calculators and live prices for every market.

14K Gold Scrap Price

Live 14 karat scrap value per gram, pennyweight and troy oz. Most popular US jewelry karat.

View 14K Prices

18K Gold Scrap Price

18 karat = 75% pure gold. Live scrap value for European fine jewelry and engagement rings.

View 18K Prices

9ct Gold Scrap Price

UK & Australian market focus. 9 carat = 37.5% pure. Most common UK high street karat.

View 9ct Prices

10K Gold Scrap Price

10 karat gold value today. Popular US budget jewelry karat (41.7% pure, 417 hallmark).

View 10K Prices

UK Scrap Gold Prices

Live GBP scrap gold prices. 9ct, 18ct & 22ct. UK hallmarking guide and where to sell.

UK Prices (GBP)

Australia Scrap Gold Prices

Live AUD gold prices for 9ct and 18ct. Australian market guide for selling scrap gold.

AU Prices (AUD)

How to Calculate Scrap Gold

Step-by-step formula guide. Learn the math behind scrap gold valuation with worked examples.

Learn the Formula

What Is Scrap Gold Worth?

Understand melt value vs. dealer offer. What actually affects how much you'll get for your gold.

Gold Karat Chart

Complete reference table — purity percentages, hallmarks (375, 585, 750, 999) and live scrap values.

View Chart

FAQ

Frequently Asked Questions

How do I use this gold scrap calculator?

Enter your gold's weight, select the unit (grams, pennyweights, or troy ounces), choose the karat purity, pick your currency, and adjust the dealer percentage slider. The calculator instantly shows melt value and estimated dealer offer. You can also bookmark the results page — the URL updates with your inputs for easy sharing.

What is melt value?

Melt value is the intrinsic worth of the pure gold in your item at current spot market prices. It represents the maximum theoretical value if the gold were refined and sold as a commodity. This is different from retail or resale value — decorative or antique items may be worth more due to craftsmanship.

Why do dealers pay less than melt value?

Dealers need to cover refining costs (typically 1–3%), business overhead, staff, and profit margin. Most reputable dealers offer 70–90% of melt value. The exact percentage depends on the dealer, quantity of gold sold, current market conditions, and form of gold. Larger quantities usually get better rates.

What karat is most common in the US?

14K gold (58.3% pure, stamped "585") is the most common karat in US jewelry, prized for its balance of gold content, durability, and affordability. 10K (41.7%) is popular in budget jewelry. 18K is found in higher-end fine jewelry but is more common in European and Asian markets.

Is the live gold price accurate?

Prices are fetched live from the gold spot market API every 60 seconds and are very close to real-time spot prices. A fallback price is used if the API is temporarily unavailable. Note that spot prices are wholesale trading prices — retail buy/sell prices will differ. All values are indicative only and should not be used as financial advice.

About GoldScrap Calculator

GoldScrap Calculator is a free, browser-based tool that helps individuals, jewelers, and precious metal enthusiasts determine the true melt value of their scrap gold. By using live spot prices fetched directly from the gold market, our calculator provides accurate, real-time valuations for all common gold purities — from 9 carat to 24 karat.

Whether you're in the USA, United Kingdom, Australia, Canada, or New Zealand, our multi-currency support ensures you see values in your local currency. The tool supports weight entry in grams, pennyweights (dwt), troy ounces, and avoirdupois ounces — the units most commonly used when weighing and selling gold.

Remember: melt value is the maximum you could theoretically receive if refining the gold yourself. Licensed dealers and refiners will offer between 70% and 90% of melt value in practice. Use our dealer percentage slider to see realistic offer estimates. All prices are for informational purposes and do not constitute financial advice.