Gold Melt Value Calculator

gold melt value calculator
Gold Melt Value Calculator

Gold Melt Value Calculator

$

Current Market Value:

$0.00

Average Pawn Shop Offer:

$0.00

Alloy’s Minimum Offer:

$0.00

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Current Gold Prices

Current Gold Prices

Per Gram: $110.48
Per Ounce: $3436.68
Per Kilo: $110492.35

Gold Karat Marking Guide

Gold Markings:
  • 24K: Marked “999” or “24K”
  • 22K: Marked “916” or “22K”
  • 18K: Marked “750” or “18K”
  • 14K: Marked “585” or “14K”
  • 10K: Marked “417” or “10K”

Request your free Alloy Appraisal Kit today! Receive a no-obligation offer for your gold jewelry, coins, and more.

Sell Your Gold with Alloy

Request your free Alloy Appraisal Kit today! Receive a no-obligation offer for your gold jewelry, coins, and more.

Why Alloy

As a customer, you’ll have little stress and receive the largest payout.

Others Online Buyers
  • No instant estimates
  • Confusing and long process
  • Reputation concerns
  • Inconsistent payouts
  • Accurate instant estimates
  • Free shipping & insurance
  • Video recorded unboxing
  • Industry-best cash offer
Store Buyers
  • Negotiation required
  • Poor and challenging experience
  • Low payouts
  • Intimidation tactics

Clients Nationwide
Love Alloy

Getting an Estimate for Your Gold Is as Easy as 1,2,3!

Alloy gold selling appraisal kit
STEP 1
Request a Free Appraisal Kit

Free insured shipping and returns included.

Alloy appraising gold sellers items
STEP 2
Get a Free Estimate

Our experts will provide a free, no-obligation, detailed estimate.

Alloy paying customer for selling gold
STEP 3
Get Paid

Accept your free, no-obligation offer & get paid.

Request a Free Alloy Kit Today!

Highest
Payouts

Industry-best payouts are lightning fast and guaranteed to beat any competitor online or in-store.

100%
Transparent

Our experts present you with a free and detailed no-obligation offer before you accept.

Quick &
Easy

It’s never been easier to get paid for your items. Getting started takes less than two minutes!

Satisfaction Guaranteed

Work with a dedicated Alloy Advisor assigned to your order to get human support from beginning to end.

Frequently Asked Questions

Gold melt value describes the value of the purest form of gold in an item. Karat, weight, and spot price of gold determine the value of an item. It does not take into account craftsmanship, marketability, or quality.

To find out how much gold is worth today, look up the spot price. The spot price refers to the value of one ounce of 24-karat gold (pure gold).

The melt value of your gold depends on several factors: weightpurity (in karats), and the current spot price of gold. These three factors work together to determine how much your gold is worth. The formula for calculating gold value is:

Weight x Purity x Spot Price = Value

The purity is the percentage of gold in your item. Different karats indicate various amounts of gold in an item. This table outlines those percentages and their corresponding karat.

Karat Gold Content Purity
10k 10/24 parts gold 41.7% pure gold
12k 12/24 parts gold 50.0% pure gold
14k 14/24 parts gold 58.3% pure gold
18k 18/24 parts gold 75.0% pure gold
22k 22/24 parts gold 91.6% pure gold
24k 24/24 parts gold 99.9% pure gold


Calculate both the weight and spot price using the same unit of measurement. We suggest grams.

Here is a formula example for a 4-gram, 14k gold ring on a day when the spot price is $107:

Weight = total weight of a ring in grams
Purity = gold content as a decimal (14K = 58.3% = 0.583)
Spot Price = current market value of 24K gold per gram ($107)

4g × 0.583 × $107/g
2.332g × $107
$249.52

In this instance, your 14k gold ring would be worth $249.52. Please note that when selling your gold, you will likely not receive an offer at full market value for your item. The Alloy Market guarantees the highest payout. Request a kit today to get started.

Yes, the price in the gold melt value calculator is updated every 60 seconds.

We have a simple three-step process:

  • Request a free insured appraisal kit.
  • Ship your items in to get a free, no-obligation offer.
  • Accept your offer and get paid!

For more details about our process, visit our ‘How It Works’ page. If you have any further questions, please feel free to contact us at [email protected] or text or call us at 888-672-1471 to speak directly with a team member and address any concerns you may have. You can also click here to request your free appraisal kit and experience our reliable services.

Request a Free Alloy Kit for Your Gold Today!