Gold Price Calculator — Scrap Gold, Bars & Coins
Calculate the exact value of your gold by weight and karat purity — updated with live spot prices. Works for scrap gold, jewelry, bars, and coins.
Your Gold Details
Enter your gold details
Select karat, enter weight, and hit calculate to see your gold's value.
Today's Gold Prices by Karat & Weight
Gold prices update continuously during market hours. Use this table to estimate your gold's value by karat and weight — or use the calculator above for a precise figure.
14K per gram
$95.88
24K troy oz
$5,092.52
400oz bar (standard)
$2,037,007
1oz bar today
$5,092.52
| Karat | Purity | Price / gram | Price / oz | Price / dwt | Common Uses |
|---|---|---|---|---|---|
| 10K | 41.7% | $68.34 | $2,125.71 | $106.28 | US jewelry |
| 14K | 58.5% | $95.88 | $2,982.11 | $149.10 | Engagement rings |
| 18K | 75.0% | $122.92 | $3,823.21 | $191.16 | Fine jewelry |
| 22K | 91.7% | $150.29 | $4,674.51 | $233.72 | Coins, bullion |
| 24K | 99.9% | $163.73 | $5,092.52 | $254.63 | Bars, investment |
| 925 | 92.5% Ag | $3.09 | $96.26 | $4.81 | Sterling silver |
585 hallmark = 14K gold. All prices derived from live spot data and update automatically.
How Scrap Gold Prices Work
The scrap value of gold is determined by two variables: the current spot price of gold and the karat purity of your piece. Spot price changes every second during market hours — the scrap gold calc above reflects the most recent price automatically.
Purity matters more than most people expect. A 14K gold ring is only 58.5% pure gold — the rest is alloy metals like copper, silver, or zinc. The calculator strips out those alloys and prices only the actual gold content, giving you an accurate gold scrap value.
What pawn shops pay vs. melt value
Pawn shops and cash-for-gold dealers typically offer 40–70% of melt value. They need margin to resell or refine. Specialist bullion dealers offer closer to full melt value — particularly for coins and bars where purity is already certified.
How to get the most for your scrap gold
Getting multiple quotes is the single most effective strategy. Use the melt value from the calculator above as your baseline — any offer below 80% of that number is a low offer.
Frequently Asked Questions About Gold Prices
14K gold (58.5% pure) is worth approximately $95.88 per gram today, based on the current spot price of $5,097.62/oz. This updates in real time during market hours.
Pawn shops typically pay 40–70% of gold's melt value. At today's spot price of $5,097.62/oz, a pawn shop would offer roughly $383.51 – $671.14 for 10 grams of 14K gold. Use the calculator above for your specific piece.
A 1 troy oz gold bar (24K / .9999 pure) is currently worth $5,097.62 based on live spot prices. Dealer premiums above spot are typically $30–$80 for standard 1oz bars.
925 sterling silver (92.5% pure silver) is worth approximately $3.09 per gram today. Use the Sterling Silver tab in the calculator above for a precise value by weight.
Melt value is the raw worth of the gold content at spot price. Resale value depends on form — a recognized gold coin (American Eagle, Maple Leaf) sells above melt value due to collectability and liquidity. Generic scrap jewelry sells at or below melt value.
Related Guides & Tools
Gold Bar Sizes & Weights
Every standard bar size from 1g to 400oz — with current prices.
Market Dashboard
Live premium data, dealer comparisons, and market trends across all precious metals.
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Explore gold bars, coins, rounds, and silver products with real-time pricing.
Gold and silver prices sourced from dealer spot data and updated throughout the day. INGOTX is not a dealer — we provide neutral price comparison data.