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.