Live scrap gold value
Scrap Gold Calculator
Use this scrap gold calculator to estimate melt value before you sell jewelry, broken chains, or mixed karat lots. Enter weight and purity, and get an instant scrap gold price based on today’s live spot.
Whether you searched for a gold scrap calculator, scrap calculator, or scrap gold calc, this tool covers grams, DWT, tolas, and more — so you can compare pawn shop and jeweler offers with confidence.
Also explore the main gold calculator for the full toolkit.
Instant melt estimate
Scrap gold calculator
Estimate scrap gold melt value instantly — ideal for jewelry lots, broken pieces, and mixed karats.
Piece 1
Enter a weight to begin
Tip: kitchen scales work in grams; jewelry buyers often quote in DWT or troy ounces.
How the scrap gold calculator works
Scrap gold value depends on three inputs: weight, karat (purity), and the live gold price per troy ounce. The calculator converts your weight to grams, multiplies by purity (karat ÷ 24), then multiplies by the pure-gold price per gram.
Melt value is the theoretical metal value — not a guaranteed payout. Local buyers, mail-in services, and pawn shops usually offer a percentage of melt after refining costs and profit.
Scrap gold vs jewelry retail price
Retail jewelry prices include design, labor, and brand markup. Scrap gold prices track the metal only. That is why a scrap gold calculator is essential before you accept any buy offer.
Get multiple quotes. Online auctions sometimes reach higher percentages of melt value, while convenience buyers may bid lower.
FAQ
What is a scrap gold calculator?+
It is a tool that estimates the melt value of gold jewelry or scrap using weight, karat, and the current gold spot price.
Will a pawn shop pay full scrap gold value?+
Usually not. Many pawn shops offer roughly 70–85% of melt value. Use this scrap gold calculator to know the ceiling before you negotiate.