What is a scrap gold calculator?

A scrap gold calculator estimates the melt value of old or broken gold jewelry from its karat, weight, and current gold price. It helps you compare a buyer's offer with the metal value before selling.

How do I calculate scrap gold value?

Multiply the weight by the gold price per gram for the selected karat, then apply the buyer payout percentage. Buyers usually pay below melt value to cover refining, risk, and margin.

Why is the payout lower than melt value?

A shop or refinery may deduct fees for testing, melting, refining, currency movement, and profit margin. A payout of 85% to 95% of melt value is common for many consumer scrap-gold offers.

Which gold karat should I select?

Use the stamp on the jewelry if it is clear, such as 24K, 21K, 18K, or 14K. If the stamp is missing or you are unsure, have the item tested before accepting a final offer.

Does this calculator include stones or workmanship?

No. Scrap value only estimates the gold content. Stones, brand value, antique value, and craftsmanship may change the real resale price and should be evaluated separately.

Free ToolMelt ValueBuyer Offer Check

Free Scrap Gold Calculator

A scrap gold calculator estimates what old, broken, or unwanted gold is worth by converting karat and weight into melt value, then applying a realistic buyer payout percentage.

Use it before visiting a buyer so you can compare the quoted offer against market value, purity, and common refining deductions.