Scrap Gold Calculator

Scrap Gold Calculator is used to calculate the value of scrap gold such as jewelry, coin, or melted gold. The gold calculator is calculated based on its weight, weight unit, gold purity, and the current gold price.

Gold Calculator

Troy Ounce

Our website shows the current gold price, and the scrap gold calculator helps buyers and sellers determine how much their scrap gold is worth before buying or selling it.

The gold calculator will save you time by providing an instant estimate without manual calculations or professional appraisals.

The final gold value is the value of the scrap gold, but doesn't mean you can sell it at this price because you need to first find a buyer that is willing to buy the scrap gold.

Gold Purity Price Per Gram
24k Gold $118.75 Per Gram
23k Gold $113.80 Per Gram
22k Gold $108.86 Per Gram
21.6k Gold $106.88 Per Gram
21k Gold $103.91 Per Gram
20k Gold $98.96 Per Gram
19k Gold $94.01 Per Gram
18k Gold $89.06 Per Gram
17k Gold $84.12 Per Gram
16k Gold $79.17 Per Gram
15k Gold $74.22 Per Gram
14k Gold $69.27 Per Gram
13k Gold $64.32 Per Gram
12k Gold $59.38 Per Gram
11k Gold $54.43 Per Gram
10k Gold $49.48 Per Gram
9k Gold $44.53 Per Gram
8k Gold $39.58 Per Gram

How to calculate gold price?

Following is how the scrap gold calculator works:
Gold purity (karat): e.g., 10K, 14K, 18K, 24K.
Weight: in grams, pennyweights, or ounces.
Current gold price: in troy ounce.

Scrap Gold Formula

Value = (Karat / 24) × Weight × Gold Price per Gram

For example:
To calculate the value of a 14K gold chain weighing 10 grams, and the current gold price is $60 per gram.
Calculation:
Value = (14 / 24) × 10 × 60
Value = 0.5833 × 10 × 60 = $350

How much is one 24k gold bar worth?

A 24k gold bar is worth about $3,693.60 today. The gold price is $118.75 per gram, and a 24k gold bar is about 31.1035 grams or 1 troy ounce.

How much is a 10k gold ring worth?

A 10k gold ring is worth about $49.48 per gram today. If your ring weights 5 grams, then it will be worth about $247.40.

How much is 14k gold chain worth?

A 14k gold chain is worth about $69.27 per gram today. If your gold chain weights 15 grams, then it will be worth about $1,039.08.
Gold Weight Unit Grams
Ounce (oz) 28.3495 g
Gram (g) 1 g
Pound (lbs) 453.592 g
Kilogram (kg) 1,000 g
Grain (gr) 0.06479891 g
Pennyweight (dwt) 1.55517 g
Microgram (µg) 0.000001 g
Milligram (mg) 0.001 g
Troy Ounce (troy oz) 31.1035 g
Troy Pound (troy lb) 373.2417 g

Today's Gold Price

The following gold chart shows the gold price movement today.

14K Gold Calculator
18K Gold Calculator
10K Gold Calculator
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