Calculate the melt value of gold based on weight, karat purity, and current spot price. Get dealer payout estimates and compare all karats instantly.
Enter current gold spot price. Check Kitco.com or GoldPrice.org for live prices.
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Gold value depends on three factors: weight, purity (karat), and the current spot price. Our gold calculator instantly shows the melt value of your jewelry, coins, or scrap gold based on today's market prices. Know exactly what your gold is worth before visiting a dealer.
Karat measures gold purity on a scale of 24. Pure gold is 24K (99.9% gold). Lower karats contain alloy metals for durability: 18K is 75% gold, 14K is 58.33% gold, and 10K is 41.67% gold. The karat stamp on jewelry tells you exactly how much pure gold it contains.
Gold Value Formula
Gold Value = Weight (g) × (Karat / 24) × Spot Price per GramCalculate the exact melt value before selling to avoid getting lowballed by dealers.
Use the melt value as a baseline to evaluate and negotiate dealer offers.
Monitor the value of your gold coins, bars, or jewelry collection over time.
Know what you're paying when buying gold jewelry based on weight and purity.
Decide the best time to sell based on current gold prices and your break-even point.
Calculate the value of old family gold pieces before deciding whether to sell or keep them.
Determine the value of broken chains, single earrings, or dental gold for recycling.
Monitor the current value of your gold coins and bars as part of your investment strategy.
Check if the asking price for gold jewelry is fair based on the gold content.
Document the value of gold assets for insurance, estates, or legal purposes.
14K gold is 58.33% pure gold. At a spot price of $2,650/oz, 14K gold is worth approximately $49.75 per gram for the gold content alone. Dealer payout is typically 70-90% of this melt value.
Gold Value = Weight (grams) × (Karat ÷ 24) × (Spot Price per oz ÷ 31.1035). This converts the troy ounce price to per gram and adjusts for purity.
Check for stamps like '10K', '14K', '585' (14K), '750' (18K), or '999' (24K). If unmarked, have it tested by a jeweler with an acid test or XRF analyzer.
Melt value is the pure gold content value at spot price. Dealers pay 70-90% of melt value to cover refining costs, profit margins, and business expenses.
Yes, 10K gold contains 41.67% pure gold and has significant value. While worth less per gram than higher karats, it still sells well to dealers and refiners.
Most jewelry buyers pay 70-90% of melt value. Reputable refiners may pay 90-98%. Pawn shops often pay 50-70%. Always get multiple quotes.
A troy ounce (31.1g) is used for precious metals and is heavier than a regular ounce (28.35g). Gold prices are always quoted per troy ounce, not regular ounces.
Separate items by karat, weigh each group on a precision scale, calculate the melt value using our calculator, then expect 70-90% from dealers.
Economic uncertainty, inflation, US dollar strength, central bank policies, interest rates, and global supply/demand. Prices fluctuate throughout the trading day.
Yes, dental gold ranges from 10K-18K (sometimes higher in older pieces). Weight is typically 2-3g per crown. Specialized dental gold buyers or refiners offer the best prices.