The raw metal value of a gold item if melted down — weight times purity times spot price, with no craftsmanship premium.

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Gold Price Calculator

Q: Why do buyers offer less than the calculator value?

Refiners and dealers need a margin for refining costs, assay risk and their profit — typically 2–10% below melt for scrap.

$4,013.80▾ −1.71% todayper troy ounce (calculator base)

Gold price updated every minute during market hours · Source: gold-api.com / CoinGecko · Last updated 08:04 UTC

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Calculate your gold's melt value

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WeightUnitPurity

Melt value—10.00 g × 91.60000000000001% purity = 9.16 g pure gold

Melt value is the raw metal worth. Dealers typically pay 2–10% below melt to cover refining and margin.

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GOLD CONVERSIONS

Troy ounce (31.10 g)	$4,013.80
Gram · 24K	$129.05
Gram · 22K	$118.21
Gram · 18K	$96.78
Tola · 24K (11.66 g)	$1,505.17
Kilogram	$129,046.57

To calculate your gold's value: multiply its weight by its purity, then by the live price. A 10-gram 22K bracelet at a $4,000/oz spot is worth 10 × 0.916 × ($4,000 ÷ 31.1035) ≈ $1,178 in melt value.

Use the live conversion table above as your calculator — pick your weight unit and karat row. Remember dealers pay slightly below melt (their spread) and charge making fees when selling.

Frequently asked questions

How do I calculate gold price manually?−

Weight × purity × live price per unit. Example: 5g of 18K at $130/g 24K = 5 × 0.75 × 130 = $487.50 melt value.

What is melt value?+

Why do buyers offer less than the calculator value?+

Gold Price Calculator

Calculate your gold's melt value

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