Gold Calculator

Calculate the exact value of your scrap gold based on current market prices. Whether you have broken jewelry, gold coins, or dental gold, our calculator provides accurate valuations for all gold purities including 24k, 22k, 18k, 14k, and 10k gold.

Gold Value Calculator

Enter your gold's weight and select its purity to calculate the current melt value based on live market prices.

Price source
Select purity
Enter weight
Estimated melt value
$0.00

Weight conversions
Important: This reflects the melt value at today's price. Cash offers from jewelers or pawn shops are commonly lower (often 10–30% or more) due to refining and business costs. Actual amounts vary.

Browse Gold by Purity

Select a purity level to view specific pricing and information

Today's Gold Prices by Weight

Current gold prices calculated across different weight units. All prices shown are for pure 24K gold.

Per Gram
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Per Troy Ounce
$0.00
Per Kilogram
$0.00
Per Pound
$0.00
Per Tola
$0.00
Per Tael
$0.00
Per Pennyweight
$0.00
Per Grain
$0.00

Gold Price by Source

Compare gold prices across different market benchmarks. Spot price, London fixes (LBMA), and regional markets (MCX, IBJA) may differ due to timing, currency, and local supply/demand.

Source Per Oz (USD) Per Gram Per Kg Change (24h)
Spot Price
International spot market
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LBMA Fix
London Bullion Market Association
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MCX
Multi Commodity Exchange, India
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IBJA
India Bullion & Jewellers Assoc.
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Frequently Asked Questions About Gold

Find answers to common questions about gold pricing, purity, and valuation.

How is gold purity measured?

Gold purity is measured using two systems: karats (K) and fineness.

  • Karats: Based on 24 parts total. 24K gold is pure (100%), while 18K gold is 18/24 = 75% pure
  • Fineness: Parts per thousand. 999 fineness = 99.9% pure gold

Common stamps you'll find on gold jewelry include "14K", "585" (14K fineness), "18K", "750" (18K fineness), etc.

What should I do before selling my gold?

Follow these steps to maximize your return when selling gold:

  • Verify purity: Look for karat stamps (10K, 14K, 18K, 24K) and test if unsure
  • Weigh accurately: Use a precise scale (0.01g accuracy recommended)
  • Calculate melt value: Use our calculator to know the baseline value
  • Get multiple quotes: Contact 3-5 buyers to compare offers
  • Separate by purity: Don't mix different karats together
  • Know the market: Check current spot price before negotiating

Reputable dealers typically offer 75-95% of melt value for scrap gold.

Understanding Gold Valuation

Understanding Gold Purity

Gold purity determines the actual gold content in your item and directly affects its value:

  • 24K (999): 99.9% pure gold - Investment grade bullion
  • 22K (916): 91.6% pure gold - Common in Asian jewelry
  • 18K (750): 75.0% pure gold - High-quality jewelry standard
  • 14K (585): 58.5% pure gold - Popular in US jewelry
  • 10K (417): 41.7% pure gold - Minimum karat for US jewelry

The remaining percentage consists of alloy metals like copper, silver, or zinc that add strength and color.

Scrap Gold Valuation

When selling scrap gold, understanding the calculation process helps you get fair value:

  • Weigh Your Gold: Use a precise scale to measure in grams or troy ounces
  • Identify Karat: Look for stamps like "14K", "585", "18K", or "750"
  • Calculate Pure Gold: Total weight × Purity percentage = Pure gold weight
  • Multiply by Price: Pure gold weight × Current spot price = Melt value
  • Expect Dealer Discount: Refiners typically pay 70-95% of melt value

Common Gold Items

Different gold items typically contain varying amounts of pure gold:

  • Wedding Rings: Usually 14K or 18K, weighing 2-6 grams
  • Gold Chains: Commonly 10K-18K, weighing 5-30 grams
  • Gold Coins: Often 22K-24K, weighing 1-31 grams (1 oz)
  • Dental Gold: Typically 10K-20K, variable weight
  • Class Rings: Usually 10K-14K, weighing 10-20 grams
  • Gold Bars: Investment grade 24K, common sizes: 1g, 10g, 1oz

Gold Weight Conversions

Gold can be measured in various units depending on region and purpose:

  • Troy Ounce (ozt): Standard for precious metals = 31.1035 grams
  • Gram (g): Metric standard, widely used globally
  • Pennyweight (dwt): Common in US jewelry trade = 1.555 grams
  • Tola: Traditional South Asian unit = 11.66 grams
  • Tael: Chinese unit = 37.5 grams (varies by region)
  • Grain (gr): Smallest unit = 0.0648 grams