Gold Melt Value Calculator

Your details

The total weight of your gold item, including any non-gold alloy.
Troy ounces are the standard for precious metals. 1 troy oz = 31.1035 g = 20 dwt.
Karat describes the fraction of pure gold in an alloy. 24K is essentially pure gold.
Live gold spot price in US dollars per troy ounce. Check kitco.com or goldprice.org for the current price.
USD/ozt
The percentage gap between dealer bid and ask prices. Typical scrap gold buyers use 10-30%; bullion dealers use 1-5%.
%
Currency
Melt valueHigh-karat gold (18K+)
$795.73

The intrinsic value of the pure gold content at spot price

Dealer bid (you sell)$775.84
Dealer ask (you buy)$815.62
Pure gold content7.5g
Pure gold content0.2411ozt
Value per gram (at karat)$79.573
Gold purity75%
Dealer bid (sell)$775.84
Melt value$795.73
Dealer ask (buy)$815.62

Melt value of your 18K gold item: $795.73

  • Your item contains 7.500 grams of pure gold, making up 75.00% of its total weight.
  • A dealer would likely offer $775.84 to buy this gold from you, and charge around $815.62 to sell you the same amount.
  • A 5% spread is tight, typical of bullion dealers and coin shops rather than general scrap buyers.
  • Melt value reflects the raw gold content only - craftsmanship, brand, numismatic value, and gemstones can make an item worth substantially more than its melt price.

Next stepCompare offers from at least three buyers: a local coin dealer, a specialist gold refiner, and a reputable online buyer. Most reputable buyers pay 80-95% of melt value.

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