Gold Calculator
Estimate the melt value of your gold jewelry, coins, or scrap using today's gold price. Enter the weight and karat purity below.
Estimate only, based on the live gold spot price and the pure-gold weight you enter. Actual payout from a buyer or dealer will typically be lower than melt value. This is not financial or investment advice. See our full disclaimer.
Frequently Asked Questions
Is melt value the same as what a gold buyer will pay me?
No. Melt value is the value of the pure gold content only, based on today's spot price. Buyers and refiners pay less than melt value to cover their own refining costs, testing, and profit margin. Use this number as a ceiling to negotiate from, not a payout to expect in full.
What karat is my gold?
Check for a stamp inside a ring band or on a clasp — common stamps are 10K, 14K, 18K, and 22K, or a fineness number like 585 (14k) or 750 (18k). No stamp doesn't necessarily mean no gold, but it does mean you can't confirm purity without a test. If you already know the exact fineness, choose "Custom purity" above.
Why does the price update every few hours instead of live?
We pull the spot price from a live market feed on a fixed refresh schedule rather than streaming every second. The exact time of the last update is shown above the calculator, so you always know how current the figure is before relying on it.
Does this account for gemstones or other metals in my jewelry?
No — enter only the weight of the gold itself. A piece with stones, solder, or a mixed alloy will overstate its gold content if you weigh the whole item. A jeweler can help separate this out for mixed pieces.
Is this the same method jewelers and refiners use?
Yes — value equals pure gold weight multiplied by today's spot price. It's the standard starting point across the industry. See our Gold Melt Value Calculator for the full formula broken down step by step.