Gold Calculator (Scrap Gold & Jewelry Value) — Live Price
Use our Gold Calculator to estimate the value of your gold in seconds. Just enter the weight (grams or troy ounces), choose the purity (10K, 14K, 18K, 22K, 24K), and we’ll calculate an instant melt value using the latest gold price. It’s ideal for scrap gold, jewelry, coins, and bars, so you can quickly check what your gold is worth before selling, buying, or insuring.
- Uses live spot price (troy oz)
- Auto converts grams ↔ troy ounces
- Supports 10K–24K + fineness marks (417/585/750/916/999)
Gold Value Calculator
Calculate the current value of your gold with live market prices
How the Gold Calculator Works
Calculating gold value comes down to three inputs:
- Weight – measured in grams or troy ounces
- Purity – gold content such as 10K, 14K, 18K, 22K, or 24K
- Gold price – current market spot price per troy ounce
Our calculator automatically converts units and applies live pricing, removing manual calculations and common mistakes.
Live Gold Price (Spot Price per Troy Ounce)
The spot price is the live market rate for pure (24K) gold, used as the baseline for valuation. It’s quoted per troy ounce (ozt), the global standard for gold pricing. The “Updated” label shown in the calculator indicates when the displayed spot price was last refreshed.
Data source: International bullion markets and global financial price feeds.
Gold Purity Explained (Karat, Fineness & Percentage)
| Karat | Gold Content |
| 10K | 41.7% |
| 14K | 58.5% |
| 18K | 75% |
| 22K | 91.6% |
| 24K | 99.9% |
Purity stamps are commonly found on rings, clasps, or bars and may appear as 10K / 14K / 18K or 417 / 585 / 750 / 916 / 999.
Units Matter – Grams vs Troy Ounces
Gold prices are quoted per troy ounce (ozt), not regular ounces.
- 1 troy ounce = 31.1035 grams
- 1 ounce = 28.35 grams
Using the wrong unit can significantly change the result. Our gold calculator applies the correct standard automatically.
What Your Gold Calculator Result Means (Melt Value vs Selling Price)
The amount shown is the gold melt value, which is the value of the pure gold content at the current market price.
If you plan to sell your gold:
- Most buyers offer 15–30% below melt value
- Typical payouts range between 70–85% of melt value
- Offers above 85% are considered strong for small quantities
This calculator helps you evaluate offers with confidence, not guesswork.
Manual Gold Value Formula (Optional Check)
If you want to calculate manually:
Gold Value = Weight × Purity × Gold Price
For Example:
A 14K item weighing 33 grams at a gold price of $1,940 per troy ounce results in a melt value of approximately $1,200.
When Gold Is Worth More Than Melt Value
Some gold items may have additional value beyond melt price:
- Designer or branded jewelry
- Antique or collectible items
- Rare or numismatic coins
In these cases, a professional appraisal is recommended.
Use our Gold Calculator to estimate the value of your gold using live market prices, accurate unit conversions, and real purity standards. It’s a fast and reliable way to calculate gold value, before you make any decision.
Frequently Asked Questions
This tool calculates gold value using three inputs: weight, purity (karat), and the current gold price. It then estimates the melt value (the value of the pure gold content).
No. The result is the melt value based on today’s gold spot price. Most buyers (pawn shops, jewelers, cash-for-gold) usually pay less than melt value due to refining and resale margins.
Melt value is what the gold content is worth at spot price. Selling price is what a buyer offers you, typically 15–30% lower (sometimes more), depending on item type and buyer.
Yes. You can calculate the value of gold jewelry by entering its weight and selecting the purity (10K, 14K, 18K, 22K, 24K). If the item has stones or other metals, the result still reflects the gold content value.
Yes. This is a scrap gold calculator too. It estimates scrap/melt value for broken chains, old rings, mixed pieces, and unused gold items.
Check for stamps like 10K, 14K, 18K, 22K, 24K or fineness marks like 417, 585, 750, 916, 999. Stamps are usually inside rings or near clasps.
These are fineness stamps (purity out of 1000):
- 585 ≈ 14K
- 750 ≈ 18K
- 916 ≈ 22K
- 999 ≈ 24K
If there’s no marking, purity is unknown. For best accuracy, get it tested by a jeweler/pawn shop or use a gold testing kit. You can still estimate by selecting the most likely karat, but it won’t be exact.
Gold spot price is quoted per troy ounce (ozt):
- 1 ozt = 31.1035 grams
- 1 oz = 28.35 grams
Using the wrong unit changes the result, so stick to grams or troy ounces.
Gold spot price is usually per troy ounce. To get price per gram of pure gold:
Price per gram = Spot price ÷ 31.1035
Then adjust for purity (example: 14K ≈ 0.585).
No. This calculator estimates gold content value only. Designer jewelry, antiques, and collectible coins can be worth more than melt value.
Yes, our calculator uses the current gold spot price (updated regularly). If you change the weight or purity, the result updates instantly.
14K gold is 58.5% pure gold. To find the value per gram, multiply the current spot price (per troy oz) by 0.585, then divide by 31.1035. Use our calculator for an instant result at today’s live price.
Most pawn shops pay 50–70% of the melt value. Use this gold calculator to find the melt value first, then you’ll know exactly what a fair offer looks like before you walk in.
The value of 1 gram of gold depends on purity and the current spot price. For 24K pure gold, divide the spot price per troy ounce by 31.1035. For 14K, multiply that result by 0.585. Our calculator does this automatically with live pricing.
24K gold is more pure (99.9%) and worth more per gram by melt value. 18K is 75% pure and worth proportionally less. However, 24K is softer and less durable — 18K is the more common choice for rings and necklaces.
Weigh your gold item, identify its karat (check for stamps like 10K, 14K, or 18K), then use the formula: Value = Weight (grams) ÷ 31.1035 × Purity × Spot Price. Or just use our gold calculator — it handles all of this instantly with live market prices.
Disclaimer & Data Sources
All results provided by this gold calculator are estimates only and do not represent a cash offer or guaranteed payout. Final prices may vary depending on buyer policies, testing methods, and market conditions.
Gold prices can change frequently due to global supply, demand, and economic factors. Calculations shown on this page reflect the latest available market data at the time of the last update.
Local taxes, fees, and deductions (such as refining or dealer margins) are not included in the calculated value.
Data source: International bullion markets and trusted global financial price providers.
Update frequency: Market data is refreshed automatically every 12 hours.
This tool is intended for informational purposes only and should be used as a reference when comparing offers or estimating gold value.