PreciousMetalCalc.comGold · Silver · Diamond
Pure Melt Value
Gold Melt Value Calculator
Calculate the pure melt value of any gold item. The melt value is the maximum theoretical value if smelted.
Select karat pure
Grams · Troy oz · Pennyweight
Melt & scrap value
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Gold Spot Price (per troy oz)
$
Update this to today’s live spot price for the most accurate result
Gold Melt Value Calculator — Instant Value Calculator
Enter the weight of your Gold below. Results update automatically.
Enter the weight of your item
Pure Melt Value
$0.00
100% of metal value
Scrap Buyer Pays
$0.00
Typical 65-80% of melt
Pawn Shop Offer
$0.00
Typical 40-60% of melt
What Different Buyers Will Pay
Online Gold/Silver Buyer
75-85% of melt value
$0.00
Best option for most sellers
Local Jeweller / Scrap Buyer
65-75% of melt value
$0.00
Instant cash, lower rate
Pawn Shop
40-55% of melt value
$0.00
Convenient but lowest rate
Refinery (direct)
85-95% of melt value
$0.00
Best rate, minimum quantities apply
Unit guide: 1 troy ounce = 31.1035 grams = 20 pennyweight (dwt). Gold and silver are traded in troy ounces. Most kitchen scales measure in grams. Pennyweight is used by many jewellers and pawn shops.
Gold — Key Facts
PurityMelt value is calculated as: weight in troy oz x purity x spot price. This is the theoretical maximum.
Hallmark Stamps585 = 14k (58.5% gold), 750 = 18k (75% gold), 417 = 10k (41.7% gold)
Common UsesMelt value used by refiners, gold buyers, pawn shops and jewellers as the price baseline
Identifying TipsMelt value is theoretical. Actual scrap buyers pay 65-90% of melt to cover refining costs and margin.
Selling TipsRefineries pay closest to melt value (85-95%) but require minimum lots. For single items, use an online buyer.
Weight GuideTroy oz is the standard for precious metals. 1 troy oz = 31.1g. Different from standard (avoirdupois) oz.