Gold Scrap Calculator
Calculate the value of your gold scrap based on weight, purity, and current gold price.
Published by:
isCalculator Editorial Team
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How to use this tool?
How to Use the Gold Scrap Calculator
This calculator estimates the value of gold scrap based on weight, purity, and current market price. All inputs use the metric system (grams).
- Enter the weight of your gold scrap in grams (e.g., 10.5). Use decimal values for precision.
- Select the purity from the dropdown (e.g., 18K for 75% pure gold).
- Input the current gold price per gram in USD (e.g., 58.50). Check a live gold price source for accuracy.
- Click "Calculate Value" to see the estimated value and a detailed breakdown.
Note: The result shows the pure gold content (weight × purity/24) multiplied by the price per gram. All values are in US dollars.
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Frequently Asked Questions
The value is calculated by multiplying the weight by the purity fraction (karat/24) to get the pure gold weight, then multiplying by the current gold price per gram.
We provide common karat values: 24K, 22K, 18K, 14K, 10K, and 9K. You can also manually enter a custom purity if needed.
No, the result is an estimate based on the inputs. Actual payout may vary due to dealer margins, testing accuracy, and market fluctuations.
