Scrap Gold Calculator
Estimate scrap gold value instantly using weight and purity. This calculator uses a mock price of $65 per gram for now.
Estimated gold value
$0.00
Based on $65 per gram and selected purity.
How to Calculate Scrap Gold Value
A scrap gold calculator estimates value by combining weight, purity, and the current market price per gram. The gold scrap calculator formula is simple: multiply grams by the purity percentage, then multiply by the price per gram.
A scrap gold value calculator is useful when you want a fast baseline before talking to a buyer. It shows how much pure gold is in your items and helps you compare quotes with confidence.
Scrap Gold Price by Purity
Purity tells you how much pure gold is in the item. 24k is 100% pure, 18k is 75% pure, and 14k is 58.5% pure. Lower karat gold contains more alloy, which reduces the melt value per gram.
If you are unsure of purity, look for a hallmark or have the piece tested. Using the correct purity percentage is the difference between a rough guess and a reliable estimate.
For quick karat references, Estimate 14K gold value and Estimate 18K gold value.
What Affects Scrap Gold Value
The gold price (spot price) sets the baseline for every calculation. When spot moves up or down, your estimated scrap value shifts with it.
Weight and purity are the other two drivers. More grams and higher purity increase value; lighter items and lower karat gold decrease it.
FAQ
How much is scrap gold worth?
Scrap gold worth depends on the weight in grams, purity (karat), and the current gold price per gram. Multiply those factors to estimate the baseline value.
How do you calculate scrap gold value?
Calculate scrap value by multiplying weight by purity percentage and then by the gold price per gram. A scrap gold calculator automates the math in seconds.
Is scrap gold priced per gram or ounce?
Most scrap gold transactions are priced per gram because jewelry is commonly weighed in grams. Larger lots may be quoted per ounce, but the math is the same.
What is the difference between 14k and 18k gold?
18k gold is 75% pure while 14k gold is 58.5% pure. Higher purity means more pure gold in the same weight, which increases the scrap value.