Cash for Gold Calculator

Cash for Gold Calculator

Cash for Gold Calculator

$

Current Market Value:

$0.00

Average Pawn Shop Offer:

$0.00

Alloy’s Minimum Offer:

$0.00

Get A Free Appraisal Kit
Current Gold Prices

Current Gold Prices

Per Gram: $107.29
Per Ounce: $3337.11
Per Kilo: $107291.53

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”

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.

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.

Request A Free Alloy Kit For Your Gold Today!

Frequently Asked Questions

The value of gold changes daily. Markets track the cost of gold by its “spot price.” The spot price is the current market value of 24K gold per ounce, excluding any additional fees. Real-time global trading determines this price.

Many factors affect the spot price of gold, including supply and demand, interest rates, and the strength of the U.S. dollar. Other factors come into play when pricing your gold piece. The purity and weight of your gold determine the value.

The payment a seller can expect to receive varies. One should never expect the full spot price for their gold. The location and method of sale determine the final value. At Alloy Market, we guarantee the highest payouts. We will meet or beat any competitors’ offers.

The price of gold per gram depends on its purity. The spot price you see when searching for the price of gold reflects the value of 24K gold, which is 99.99% pure. However, most gold jewelry isn’t 24K gold, so we have to adjust the price based on the purity.

14K gold is 58.3% pure, so the 14K price per gram is typically just over half of the 24K spot price.

10K gold is 41.7% pure, so the 10K gold price per gram value is less than half of the spot price.

To view the current price for a gram of gold karat of your choosing, use the calculator located at the top of the page. Select the karat of your gold, enter the weight, and the calculator will provide you with the most up-to-date estimate of your gold’s value.

Our calculator uses live pricing. To view the current value of one ounce of gold, select 24K (the purity used to calculate spot price), choose ounces as the unit of measure, and enter 1 for the weight. Once calculated, the value of an ounce of gold today will be displayed.

How much your gold is worth depends on three things: purity, weight, and the spot price of gold. First, determine the purity of your piece of gold. Then, weigh it. Enter all of that information into the calculator above to get the most up-to-date estimate of your gold’s value.

To know how much to sell gold for, you must know three things about your gold: purity (karats), weight, and spot price. From there, it is a simple calculation.

Purity – look for a karat marking on your piece. In this example, we will use 14K, which is 58.5% pure gold.

Weight – for ease of use, weigh your gold in grams.

Spot Price – look up the current spot price for the most accurate estimate.

Finally, you will multiply all these together.

Example (14K gold, 10g, spot price $80/g):

10g × 0.585 × $80 = $468

Of course, the simplest way to determine your gold’s value is to use the calculator at the top of the page. Select the karat option for your piece and enter the weight to find the value. The Alloy Market also provides you with the minimum offer you can expect when you sell to us, making the process even more convenient for you.

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.

The first step in selling your gold is to understand its value. That is why we recommend using the calculator above. When you are ready to sell, request a kit. Once received, our expert advisors will carefully appraise your item(s) and send you an offer.

For more information about our process, read about how it works.

We determine your payout using the following steps:

1. Purity: We will determine the purity of your gold upon receipt. We utilize several methods for testing. These include electronic testing, acid testing, and X-ray fluorescence (XRF) analysis.

2. Weight: We measure your gold in grams or troy ounces on scales licensed by the State of Pennsylvania. These scales determine the most precise weight of your valuables. The weight excludes any other present metals or stones.

3. Market Price (Spot Price): The spot price is essential to evaluating the value of your gold. Gold prices fluctuate in response to supply and demand, economic factors, and global events. Our team regularly stays up-to-date with the latest market trends. Marketing data refreshes every 60 seconds to provide industry-leading offers.

4. Evaluation: Our evaluators will then calculate the value of your gold item. The purity, weight, and the current market price of gold determine its value. For example, if a gold item is stamped 14K and weighs 10 grams, it means the item contains 58.5% pure gold. Multiply the weight (10g) by the purity (0.585) to get 5.85 grams of pure gold. If the current market price is $80 per gram, the value is 5.85g × $80 = $468.

Please keep in mind that no gold buyer purchases gold at the spot price. However, The Alloy Market guarantees the highest payout on the market.

Yes, the price in the cash for gold calculator is updated every 60 seconds.