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Melt value

Gold Value Calculator

Weigh the piece, check the karat stamp (10K, 14K, 18K), and enter today's spot price. The result is the value of the pure gold inside.

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Example price from October 27, 2026. Prices change all day; enter today's spot price for an accurate value.

Melt value

Gold price per gram by karat

KaratGold contentPer gramPer pennyweightPer troy ounce
24k99.9%$130.32$202.68$4,053.54
22k91.7%$119.59$185.98$3,719.60
18k75.0%$97.84$152.16$3,043.20
14k58.5%$76.32$118.68$2,373.70
10k41.7%$54.40$84.60$1,692.02

At a spot price of $4,057.60 per troy ounce (October 27, 2026). Buyers usually pay 70–90% of melt value.

By karat

Questions

How is gold value calculated?

Melt value = weight in troy ounces × purity × spot price. A troy ounce is 31.10 grams.

Why will a buyer pay less than melt value?

Refiners and dealers charge for testing, refining and profit, so offers are usually 70–90% of melt value.