Gold Calculator

Enter a weight and karat to estimate scrap gold or melt value at the current live gold price.

Gold
Spot price (per oz)loading…
Melt value

How this gold calculator works

This gold value calculator multiplies your item’s weight by its karat purity and by today’s live gold price per gram. It’s the same method used by scrap gold buyers and refiners to price jewelry, coins, and bullion — use it to sanity-check a quote before you sell.

Frequently asked questions

How do you calculate scrap gold value?

Scrap gold value = weight in grams × karat purity (as a decimal) × gold price per gram. For example, 10g of 14k gold (58.3% pure) at $85/gram is worth about $495.50 in gold content.

Is 24k or 14k gold worth more per gram?

24k gold is worth more per gram because it's nearly pure gold (99.9%), while 14k is only 58.3% gold mixed with other metals for durability. Weight-for-weight, 24k always has higher melt value.

Does this calculator use today's live gold price?

Yes, the spot price shown updates automatically. A 'live' badge means it's pulled from a real-time gold price feed; a 'demo' badge means a placeholder price is being used.

Will a gold buyer pay full melt value?

Usually not — dealers and pawn shops typically pay a percentage of melt value to cover refining costs and profit margin. This calculator shows the raw gold content value, which is a useful ceiling for negotiating.