What Is Scrap Gold Worth Today?

Live prices by karat • Melt value vs. dealer offer • 2026 market context

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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

KaratPurityHallmarkPer GramPer Troy Oz
24K99.99%999
22K91.67%916
18K75.00%750
14K58.33%585
10K41.67%417
9K / 9ct37.50%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.

Example: A 10g 18K gold bracelet has a melt value of approximately $771.70 at $3,200 spot.
• 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:

  1. 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.
  2. 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.
  3. Weight: Simple — more grams means more value. Use an accurate digital scale (0.01g precision recommended).
  4. Dealer Margin: Varies significantly. Always compare quotes. Online specialist buyers almost always beat local pawnshops.

Calculate Your Gold's Value Now

⚖️ Gold Scrap CalculatorLIVE
Dealer %80%

Frequently Asked Questions

It depends on karat: 9ct ≈ 37.5% of spot/31.1035, 14K ≈ 58.33%, 18K ≈ 75%. See the live table above for today's exact per-gram values in USD, GBP, AUD, and more.
Calculate melt value first using our calculator. If the dealer's offer is 70–90% of that number, it's fair. Under 65%? Shop around — you can almost certainly get more.
The four main factors are: spot price (market forces), karat purity (higher = more valuable), weight (more = more), and dealer margin (varies 50–95%). Spot price is the biggest variable day to day.
Most dealers have no minimum, but very small quantities (under 1g) may not justify the effort or shipping cost. Larger quantities often attract better payout percentages from dealers.
No need to professionally clean it. However, wiping it clean helps you clearly read the hallmarks so you can verify the karat before selling — a worthwhile step to ensure you're being quoted on the right purity.

See also: How to Calculate Scrap Gold | 14K Price | 18K Price | 9ct Price | Gold Karat Chart