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Calculate Gold Worth

Use this free calculate gold worth to calculate the melt value of gold jewellery or scrap by weight and karat.

How the calculate gold worth works

Melt value = weight (troy oz) × purity × spot price. 24K is about 99.9% pure, 18K 75%, 14K 58.3%, 10K 41.7%.

Frequently asked questions

Is melt value what a buyer pays?

Buyers usually pay a percentage of melt value, so enter your offer percentage.

Results are estimates for general information only. They are not a substitute for professional advice where applicable. Found a mistake? Report an error.