Calculate Scrap Gold Value
Find out how much you could get for your scrap gold by entering its details below.
How to Use This Calculator
Our Scrap Gold Calculator helps you estimate the potential value of your gold items when selling them as scrap. Follow these simple steps to get an accurate valuation:
- Weigh your gold: First, weigh your gold items using a reliable scale. For accuracy, group items of the same purity (carat) together.
- Select the measurement unit: Choose the unit your scale uses—typically grams, though some may use troy ounces or other units.
- Enter the weight: Type the total weight of your gold items in the appropriate field.
- Select the purity (carat): Choose the correct gold purity from the dropdown menu. Look for hallmarks on your items (e.g., "585" for 14K, "750" for 18K) if you're unsure.
- Calculate the value: Click the "Calculate Value" button to see your results.
The calculator will display two key figures:
- Today's Raw Gold Value: This is the market value of the pure gold content in your items, based on current gold prices.
- Estimated Payout: This figure shows what you might realistically receive when selling, after applying the standard dealer margin of 10%. Note that actual dealer margins can vary from 5% to 25%.
Remember that this calculator provides an estimate only. Actual offered amounts may vary depending on the buyer, their testing methods, and other factors. For the most accurate results, make sure you've correctly identified the purity of your gold items, as this significantly impacts value calculations.
For mixed items with different purities, calculate each group separately and add the results together for a more accurate total. This calculator uses live gold price data that's updated multiple times daily to ensure you're working with current market prices.