Scrap Gold Calculator

Scrap Gold value is the amount you get in return for your scrap gold. Always remember, it's only the pure gold price. Charges, taxes, and losses are not included in it. The tool used to calculate scrap value is the scrap calculator. It will show the actual value of gold without adding impurities. You can calculate it in different units like pkr, $, etc. Scrap gold is your old jewelry that you don't wear, but you want to get its value in cash.

First of all, check the purity of gold (18k, 20k, 22k, 24k), then select the weight in grams, tolas, or ounces. At the end, check the latest gold spot price and use this formula for the scrap value of gold.

Weight × (Karat ÷ 24) × Spot Price

Example: Let's suppose that you have 10 g of 18K gold. Spot price is 405.12 $ per gram, and because 18k karat means pure gold content in it is 75%. It means pure gold in 10 g of 18k gold is 7.5g, and the rest is a mixture of other metals. You'll get the value of 7.5 grams, which is the accurate value of your gold. You get 396.31$ melt price, which is much less than the amount you pay when buying the gold item of the same weight. Use a scrap value calculator online to calculate the value in a much easier way. It shows the results accurately and very quickly.

To find out the actual value of gold content in your jewelry items, use a scrap gold melt value calculator that works on the basis of the spot price of gold. The scrap calculator will tell you the 100% worth of pure gold. The gold price changes many times each day. You can also type your own gold price. It helps you see the value of your gold fast.

Remember: Jewelers or buyers pay less than melt value because of fees, melt loss, and their profit margin.

To sell scrap gold, you need to check the weight of your gold and note the purity in karats. Then, enter today's gold price, and you will get the scrap gold value. Compare different offers. Sell only when the price feels right.