Gold & Scrap Gold Value Calculator
Instantly Check Your Gold’s True Value
Welcome to GoldPriceCal, your trusted gold value calculator for real-time gold rates.
Whether you are checking the worth of pure gold or selling old jewelry, our easy-to-use gold calculator shows you today’s price within seconds, based on live international gold rates.
Gold Calculator
Scrap Gold Calculator
Today's Gold Rates
| Karat | Price per Gram (USD) |
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Today's Scrap Gold Rates
| Karat | Scrap Price per Gram (USD) |
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How Gold Value Calculator Works
For pure gold, investment-grade bars, and coins.
Steps to Use:
- Enter the weight of your gold (grams, troy ounces, or pennyweights)
- Select the purity (karat or fineness)
- Input the current spot price (auto-filled or manual)
Example Calculation:
| Attribute | Value |
|---|---|
| Weight | 20g |
| Purity | 22K (91.6%) |
| Spot Price | $1900/ozt |
| Estimated Value | ~$1,117 |
How Scrap Gold Calculator Works
For broken, used, or lower-purity gold (10K, 14K, 18K).
Steps to Use:
- Enter the weight or weigh your gold using a digital gram scale
- Select the karat purity
- Enter or verify the current spot price per troy ounce
Pro Tips:
- Unsure of purity? Use an affordable gold testing kit (acid test or digital tester).
- Small weights require digital scales for accurate measurements.
Most scrap gold ranges from 10K to 18K. Our calculator instantly estimates the melt value for any purity.
Tools You Need for Accurate Evaluation
- Digital Gram Scale – Measures small gold items precisely
- Gold Testing Kit – Confirms gold purity at home
- Spot Price Feed – Ensures up-to-date valuation
Tip: Test your scale before weighing your gold. Use a penny or nickel to check accuracy.
A penny weighs 2.5g and a nickel weighs 5.0g. If the reading is off, recalibrate your scale before weighing your gold. Official coin weights can be verified from the U.S. Mint (source: U.S. Mint — Circulating Coin Specifications).
Using these tools ensures accuracy and confidence in your gold calculations.
Where to Sell Your Gold & Scrap Gold
Selling your gold? Different buyers offer different returns:
Online Auction Sites (eBay, etc.)
- Returns: Up to 90%+ of melt value
- Best for: Unique, designer, or collectible pieces
- Effort: High (listing, photos, managing buyers)
Mail-In Gold Buyers
- Returns: 30%–95% depending on the company
- Best for: Convenient home sales
- Tip: Always compare offers and negotiate
Local Jewelers or Pawn Shops
- Returns: Typically 70%–85% of melt value
- Best for: Immediate in-person cash
Traveling / Hotel Lobby Buyers
- Often offer below-market prices
- Tip: Always get multiple evaluations before selling
Frequently Asked Questions (FAQ)
What is the difference between gold value and scrap gold value?
- Gold value: Investment-grade, pure gold (bars, coins).
- Scrap gold value: Melt value of broken, used, or low-karat jewelry.
How do I calculate gold value?
- (Weight in grams ÷ 31.1) × (Purity %) × Spot Price
Or use our Gold Price calculator for instant results.
How much can I expect when selling gold?
- Jewelers: ~75–85%
- Online buyers: ~80–95%
- Pawn shops: ~70–80%
What is gold karat?
A karat indicates purity. 24K is pure gold. For example, 22K = 22 ÷ 24 = 91.6% pure.
Can I use the gold calculator for different purities?
Yes, our gold calculator works for any karat or fineness, including 10K, 14K, 18K, 22K, and 24K.
Is your gold calculator shows live gold price?
Yes, our gold calculator shows the live gold price for all types of gold.
Stay Updated with Live Gold Prices
Our calculator uses real-time market data for accurate estimates. Bookmark this page to quickly assess your gold’s value anytime.
Note: Values reflect melt value only and do not include brand, design, or collectible premiums.
Why Use Our Gold Calculator
- Instant Results – Enter a few details and see your gold’s value
- Dual Calculators – Supports pure gold and scrap gold
- Expert Guidance – Tips for tools, testing, and selling
- Trusted Estimates – Based on live gold market prices
Ready to know your gold’s true value? Use our Gold value calculator or Scrap Gold calculator now!
Last 7 Days Scrap Gold Rates History
| Date | 24K | 22K | 21K | 20K | 18K | 16K | 14K | 10K |
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Last 7 Days Scrap Gold Rates History
| Date | 24K | 22K | 21K | 20K | 18K | 16K | 14K | 10K |
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