What Is Scrap Gold Worth Today?
Live prices by karat • Melt value vs. dealer offer • 2026 market context
Gold is one of the few assets that holds its value across centuries. In 2026, with gold trading at or near historic highs, scrap gold — broken chains, old rings, mismatched earrings, dental crowns — can be worth substantial sums. The current live spot price is shown above, updating every 60 seconds.
Today's Scrap Gold Prices by Karat
| Karat | Purity | Hallmark | Per Gram | Per Troy Oz |
|---|---|---|---|---|
| 24K | 99.99% | 999 | — | — |
| 22K | 91.67% | 916 | — | — |
| 18K | 75.00% | 750 | — | — |
| 14K | 58.33% | 585 | — | — |
| 10K | 41.67% | 417 | — | — |
| 9K / 9ct | 37.50% | 375 | — | — |
Melt Value vs. Dealer Offer – What's the Difference?
Melt value is the theoretical maximum you could receive if you personally refined the gold and sold it on the commodity market. It assumes 100% recovery of the pure gold content at current spot prices. Think of it as the ceiling.
Dealer offer is what a real buyer will pay you. Dealers deduct costs for:
- Refining fees: 1–3% to process mixed scrap into pure gold
- Business overhead: Staff, premises, testing equipment
- Profit margin: Dealers are businesses, not charities
- Market risk: Gold price could fall before they resell
The result: expect to receive 70–90% of melt value, depending on the dealer type and quantity. Use our dealer percentage slider to model different scenarios.
• Refinery: ~$732 (95%)
• Online buyer: ~$617–$694 (80–90%)
• High street: ~$540–$617 (70–80%)
• Pawnbroker: ~$386–$540 (50–70%)
What Affects Scrap Gold Value?
Four key factors determine what your scrap gold is worth:
- Spot Price: The global gold market price in USD per troy ounce. Driven by macroeconomics, inflation, currency movements, geopolitical events. This is the biggest variable — check the live rate above.
- Karat Purity: Higher karat = more gold per gram = more value. 24K is 100% gold; 9ct is 37.5%. The difference between 9ct and 18ct per gram is approximately 2x.
- Weight: Simple — more grams means more value. Use an accurate digital scale (0.01g precision recommended).
- Dealer Margin: Varies significantly. Always compare quotes. Online specialist buyers almost always beat local pawnshops.
Calculate Your Gold's Value Now
Frequently Asked Questions
See also: How to Calculate Scrap Gold | 14K Price | 18K Price | 9ct Price | Gold Karat Chart