Live Global Index
Gold Price Calculator
Determine the exact scrap and melt value of your gold instantly. Select from 8 international weight units and all karats to calculate your payout against today’s global spot price.
Historical Price Chart
Quick Presets
Designated Gold Valuation Tools
How We Calculate Gold Value
The exact scrap melt value relies on a strict mathematical formula: Weight × Purity % × Spot Price.
Because the international spot market trades in Troy Ounces, our engine automatically maps 8 different global mass scales instantly—whether you are using grams, Tolas, or Pennyweights—giving you true interbank accuracy.
Karat Multipliers
- 24K Gold (99.9%) Multiplier: 1.000. Benchmark bullion.
- 22K Gold (91.6%) Multiplier: 0.9167. Indian/Asian jewelry standard.
- 18K Gold (75.0%) Multiplier: 0.750. Luxury European jewelry.
- 14K Gold (58.3%) Multiplier: 0.5833. US retail jewelry standard.
Note: Local cash-for-gold buyers or pawn shops typically offer 70% to 85% of the live melt value calculated here to cover their refining fees.