Scrap Gold Calculator

Your details

The total gross weight of your gold item on a scale.
Match this to the unit shown on your scale. Troy ounces (ozt) are used by most gold dealers.
The karat stamp is usually engraved inside a ring or on a clasp. Common U.S. jewelry is 10K or 14K; European jewelry is often 18K or 9K.
The live market price of one troy ounce of pure (24K) gold. Check kitco.com or goldprice.org for the current spot price.
USD / troy oz
The percentage of melt value a buyer offers. Pawn shops pay 50-65%, online gold buyers 70-92%, and refineries 88-98%. Adjust to match your buyer.
% of melt
Currency
Gross melt value
$618.90

What the pure gold in your piece is worth at spot price

Estimated scrap payout$495.12
Pure gold weight5.833g
Fine gold (troy oz)0.1875ozt
Value per gram$61.89
Dealer discount$123.78

Your 14K gold has a gross melt value of $618.90.

  • Your buyer is offering 80% of melt value. That is a fair rate; online gold buyers typically pay 70-92%.
  • 14K gold is 58.3% pure. The remaining 41.7% is alloy metals (silver, copper, zinc) that have no meaningful scrap value at most buyers.
  • Gold prices are at historically elevated levels in 2026. This is a favorable time to sell scrap gold compared to historical averages.
  • The dealer keeps 20% of the melt value to cover refining costs, overhead, and profit margin.

Next stepGet quotes from at least 3 buyers before selling. Online refiners consistently outpay local pawn shops. Always weigh your items yourself first so you can verify the buyer's scale.

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