Scrap Gold Value Calculator: Live Melt Price Per Gram (USA 2026)
Scrap Gold Calculator
Live Melt Value for 10k, 14k, 18k, 22k & 24k
How to Sell Scrap Gold Without Getting Ripped Off
Selling old jewelry is one of the quickest ways to generate cash, but the "Cash for Gold" industry is full of traps. Use this Scrap Gold Calculator to determine the exact melt value of your items before you walk into a pawn shop. The tool above pulls a live gold spot price automatically, so every number you see reflects today's actual market — not a stale rate from last week.
Step-by-Step Guide: How to Value Your Gold at Home
- Identify the Karat: Use a magnifying glass to find the stamp (e.g., 14k, 585, 750) on your ring or chain. No stamp doesn't always mean fake — older or handmade pieces sometimes lack one, so a jeweler's acid test may be needed.
- Weigh It: Use a digital kitchen scale (0.01g precision is best). If you don't have one, a local post office or jewelry store can weigh it in grams for free.
- Check Today's Live Price: The calculator above auto-loads the current XAU/USD spot rate every time you open this page, and refreshes every 60 seconds so you're never looking at an outdated number.
- Calculate: Enter your weight and karat into the tool above to see the maximum potential melt value before any dealer discount.
- Get Multiple Quotes: Visit or call at least 2-3 buyers (local jeweler, pawn shop, online refiner) and compare their offer to the number this calculator gives you.
Today's Live Scrap Gold Price Per Gram (By Karat)
This table follows the price you enter above (matched to the live widget), so you always see current scrap gold prices per gram for every common karat — from 10k class rings to 24k bullion.
| Karat | Purity | Price / Gram (USD) |
|---|---|---|
| 10K | 41.7% | — |
| 14K | 58.5% | — |
| 18K | 75.0% | — |
| 22K | 91.6% | — |
| 24K | 99.9% | — |
Raw melt value only — actual dealer payout is typically 70-85% of these figures. White gold and rose gold use the same karat percentages since the karat number always refers to pure gold content, regardless of the alloy color.
Why Does Scrap Gold Price Change Every Day?
Gold trades as a global commodity on markets that are open nearly around the clock, so the spot price moves constantly based on the US dollar's strength, inflation data, interest rate decisions, and overall investor demand for safe-haven assets. This is exactly why a "gold scrap price today" search brings up different numbers than it did yesterday, and why any calculator that doesn't refresh its price live is showing you outdated, potentially inaccurate information.
Where to Sell Your Scrap Gold in the USA
Not all buyers pay the same percentage of melt value. Here's a quick comparison so you know what to expect before you walk in anywhere:
Local Pawn Shop
Fast, but lower offersInstant cash, no shipping. Typically pays 40-65% of melt value since they need resale margin.
Local Jeweler
Fair for nice piecesMay pay more if the piece is sellable as-is rather than for melt. Best for intact, in-style jewelry.
Online Refiner
Best for scrap/broken goldMail-in refiners often pay 80-90% of melt value for pure scrap since they process by weight, not resale value.
Common Scams to Avoid When Selling Gold
- The "wrong karat" trick: Some buyers deliberately misread a 14k stamp as 10k to lower the offer. Double-check the stamp yourself with a loupe or magnifying glass before you go in.
- Weighing with stones attached: A dishonest buyer may quote based on total item weight including diamonds or gemstones, then only pay gold-metal price — effectively shortchanging you. Always ask for the gold-only weight.
- "Today only" pressure offers: Legitimate buyers don't need to rush you. If a shop pressures you to sell immediately at a "special today only" rate, walk out and get a second quote.
- No public spot price reference: A trustworthy buyer will show you the current spot price and explain their percentage. If they refuse to reveal the day's XAU/USD rate, that's a red flag.
Gold Purity Chart (Quick Reference)
| Marking | Karat | Gold Content % |
|---|---|---|
| 999 / .999 | 24K | 99.9% (Pure) |
| 916 / .916 | 22K | 91.6% |
| 750 / .750 | 18K | 75.0% |
| 585 / 14k | 14K | 58.5% |
| 417 / 10k | 10K | 41.7% |
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