Scrap Gold Calculator
Estimate scrap gold melt value from weight, karat purity, gold price per gram, and a buyer payout percentage.
In words: Seventy-five
Live Gold spot price
Loading current market price…
This is an estimate, not a quote. Stones, clasps, testing results, refining fees, taxes and a buyer's margin can change the final offer.
Estimated scrap gold value
Estimated buyer payout
₹653
In words: Six hundred fifty-two
Based on 9.160 g of estimated fine gold at 95% of melt value.
10.000 g
Gross weight
9.160 g
Fine gold content
₹687
Full melt value
In words: Six hundred eighty-seven
91.6%
Selected purity
Today’s Gold Spot Rates Per Gram in Jaipur
| Gram | 24K | 22K | 18K |
|---|---|---|---|
| 1 Gram | — | — | — |
| 8 Gram | — | — | — |
| 10 Gram | — | — | — |
| 12 Gram (1 Tola) | — | — | — |
| 100 Gram | — | — | — |
Indicative spot reference rates. Local jeweller, dealer, tax, making-charge and buy-back prices may differ.
Gold Rate — Recent Live Updates
| Date & time | 24K / 10 gram | 22K / 10 gram | 18K / 10 gram | Change |
|---|---|---|---|---|
| The first live rate update will appear here once the quote loads. | ||||
This table stores up to 10 live snapshots on this device; it is not a market-wide historical price feed.
Scrap Gold Calculator: Estimate Gold Melt Value by Weight and Purity
This scrap gold calculator estimates the melt value of gold jewellery, coins, broken chains, rings, bracelets, dental gold, and other gold items. Enter the weight, choose grams or troy ounces, select the karat or purity, add a current gold price per gram, and choose an expected buyer payout percentage. The calculator separates gross weight from fine-gold content, then shows both full melt value and an estimated cash offer.
A scrap gold value calculator is a planning tool, not a purchase quote. A dealer or refiner will test the item, remove non-gold material, consider stones and findings, and apply its own payout, refining costs, and terms. Still, knowing the estimated fine-gold weight before you sell gives you a much stronger basis for comparing offers.
How Scrap Gold Value Is Calculated
The core calculation is straightforward: fine-gold weight equals total item weight multiplied by purity. Melt value equals fine-gold weight multiplied by the gold price per gram. If a buyer pays less than full melt value, the expected offer equals melt value multiplied by the buyer payout percentage.
For example, 10 grams of 22K gold at 91.6% purity contains about 9.16 grams of fine gold. At a quoted price of 75 per gram, its theoretical melt value is about 687 before any buyer margin. At a 95% payout, the estimated offer would be about 653. This comparison helps you understand the difference between spot-linked value and a realistic scrap buyer price.
Gold Karat and Purity Explained
Karat measures the share of gold in an alloy. Pure 24K gold is close to 99.9% fine. 22K is commonly about 91.6%, 18K is 75%, 14K is about 58.5%, and 10K is about 41.7%. Jewellery is often alloyed with other metals for strength, colour, and durability, so two pieces with the same weight can have very different melt values.
Look for a hallmark, but do not assume it is final proof. Worn marks, repairs, plating, counterfeit stamps, and mixed components can affect the result. A reputable buyer may use acid testing, an electronic tester, XRF analysis, or an assay to verify purity.
Grams, Troy Ounces and Gold Prices
Precious metals are traditionally quoted in troy ounces, not ordinary avoirdupois ounces. One troy ounce equals approximately 31.1035 grams. This calculator converts troy ounces to grams internally so that the purity and per-gram price calculation remains consistent.
Gold prices move throughout the day and can differ across markets and currencies. Use a current local price from a reliable source, and make sure it represents the correct purity basis. A 24K per-gram price must be adjusted for lower-karat jewellery through the purity percentage; do not enter a 22K retail jewellery price as if it were a pure-gold spot price.
Melt Value vs Scrap Gold Buyer Offer
Melt value is the theoretical metal value before a buyer's costs and profit. A scrap gold buyer may pay a percentage of that value because they need to test, process, refine, insure, and resell the material. The payout percentage can vary with total weight, purity, local competition, market conditions, and whether the buyer is a jeweller, pawn shop, gold dealer, or refinery.
Compare multiple written offers using the same weight and purity. Ask what percentage of melt value is being paid, whether the price is locked at the time of testing, and whether any fee is deducted. An offer that sounds high may use a different price reference or include deductions that are not obvious at first.
How to Weigh and Sort Scrap Gold
Use a precise digital jewellery scale when possible and weigh items in grams. Remove loose stones and non-gold components if practical and safe, because they add weight without adding gold value. Sort pieces by hallmark before calculating: 24K, 22K, 18K, 14K, and other grades should be kept separate.
Do not damage valuable jewellery merely to sell it for scrap. Branded, antique, designer, collectible, or wearable items can be worth more as jewellery than their melt value. Obtain a jewellery appraisal or resale quote when an item may have craftsmanship, historical, gemstone, or collector value.
Scrap Gold Jewellery, Coins and Dental Gold
Broken jewellery is a common scrap-gold category, but jewellery often contains clasps, springs, solder, and stones that affect net gold weight. Coins and bars can have numismatic or investment premiums above melt value, especially when they are recognised bullion products or rare collectibles. Check current buy-back offers before treating them as generic scrap.
Dental gold may contain gold alloys together with other metals, porcelain, or non-metal components. Its purity can be uncertain and often requires professional refining or assay. Use a lower-confidence estimate until a qualified buyer tests the material.
How to Get the Best Scrap Gold Price
Know the weight and karat before you visit a buyer, check a current gold reference price, and collect several offers. Reputable buyers should explain their test method, weight, purity determination, payout calculation, and any deductions. Bring identification where required and request a receipt showing the final terms.
Avoid pressure to sell immediately. Be cautious of mail-in offers without clear insurance, payout, and return terms. A transparent local buyer, established jeweller, or reputable refiner is often easier to evaluate. If the item has sentimental value, take time before selling and consider whether repair or resale is a better option.
Taxes, Records and Important Limits
Selling gold can have tax consequences depending on your location, purchase history, and gain or loss. Keep receipts, appraisals, photographs, and sales records. The calculator does not estimate tax, shipping, insurance, or processing charges, and it does not verify the authenticity or purity of an item.
Use this estimate to understand the math and compare quotes, not as financial, tax, or legal advice. The final value depends on testing and the buyer's actual terms. For a significant collection, an independent appraisal or specialist dealer consultation may be worthwhile.
Use This Gold Melt Calculator Before You Sell
A good scrap gold estimate starts with accurate weight, realistic purity, a current gold price, and an honest payout assumption. Enter different payout rates to see how offers compare. That preparation can help you avoid confusing gross weight with fine-gold weight or theoretical melt value with the cash amount a buyer may actually pay.
Whether you are selling broken gold jewellery, comparing gold buyers, or simply checking the value of a family item, this scrap gold calculator gives you a clear, repeatable starting point. Verify the details, compare offers carefully, and choose the option that best matches the real value and purpose of your item.
Frequently Asked Questions
How do I calculate scrap gold value?
Multiply item weight by the gold purity to find fine-gold weight, then multiply by the current gold price per gram. Apply a buyer payout percentage for an estimated offer.
Is 22K gold 100% pure?
No. 22K gold is commonly about 91.6% gold, with the balance made of other metals.
Why is a buyer offer lower than melt value?
Buyers account for testing, refining, processing, risk, overhead, and profit, so cash offers are often a percentage of theoretical melt value.
Can I use regular ounces?
Gold is normally measured in troy ounces. One troy ounce is about 31.1035 grams and differs from a standard household ounce.