Gold · all karats

Gold Melt Value — by Karat, Gram & Ounce

Gold melt value is the spot price of pure gold scaled by the item's purity (its karat). Below is the live value of one troy ounce and one gram of 24k, 22k, 18k, 14k and 10k gold — the numbers a refiner or jeweler uses to price scrap jewelry.

Live melt value — 24k (99.9%) per troy ounce
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spot … ·

Live spot via gold-api.com. Melt value = spot per troy oz × purity × weight in troy oz.

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Live gold value per troy ounce by karat

One troy ounce (31.1035 g) of each purity, at the live spot price.

KaratPurityMelt value / troy oz
24k99.9%
22k91.7%
18k75.0%
14k58.5%
10k41.7%

Live gold value per gram by karat

One gram (0.03215 troy oz) of each purity, at the live spot price.

KaratPurityMelt value / gramPer 10 gPer 100 g
24k99.9%
22k91.7%
18k75.0%
14k58.5%
10k41.7%

1 g = 0.032151 troy oz. To price any weight or purity, use the free calculator.

Gold is priced in troy ounces and quoted at 99.9% to 99.99% purity. Jewelry is almost never pure — it is alloyed with copper, silver, zinc, nickel or palladium to make it harder and to change its colour. The karat tells you how much of the metal is actually gold: 24k is 99.9% gold, 18k is 75%, 14k is 58.5% and 10k is 41.7%. The rest is base metal with no melt value.

The melt value is therefore the pure-gold content multiplied by the gold spot price — the hard floor an item is worth no matter what its design, brand or age. A jeweler or refiner pays some percentage of that number for scrap. Anything above melt (maker's marks, antique value, stones) is a separate premium that melt value deliberately ignores.

How the melt value is calculated

One formula covers coins, bars and jewelry, in grams or troy ounces:

melt = spot price per troy oz × weight (troy oz) × purity

Because there are 31.1035 grams in a troy ounce, weighing in grams needs one extra step — divide by 31.1035 first:

melt = spot × (grams ÷ 31.1035) × karat purity

Illustrative per-gram values at example spot prices — for reference only. The live tables above use the real market price.

Example spot24k /g22k /g18k /g14k /g10k /g
$2,000 / oz$64.24$58.95$48.23$37.62$26.81
$3,000 / oz$96.36$88.42$72.34$56.42$40.22
$4,200 / oz$134.90$123.79$101.28$79.00$56.31

Karat purity chart

KaratPurityStamp / hallmarkNotes
24k99.9%999, 999.9, "fine gold"Bullion bars and coins; too soft for everyday jewelry.
22k91.7%916, 917Crown gold; common in Asian and Middle-Eastern jewelry and in many bullion coins.
18k75.0%750, 18kPremium jewelry; durable and rich in colour.
14k58.5%585, 14kThe most common US jewelry karat.
10k41.7%417, 10kUS minimum to be sold as "gold"; the most affordable.

What affects what you actually get

Frequently asked questions

How much is my gold worth per gram?

Melt value per gram = spot per troy ounce ÷ 31.1035 × fineness. At a $4,200/oz spot that is about $134.90 for 24k, $101.28 for 18k, $79.00 for 14k and $56.31 for 10k. The live tables above use the current spot price.

How do I know what karat my gold is?

Look for the hallmark: 999 for 24k, 916 for 22k, 750 or 18k for 18k, 585 or 14k for 14k, 417 or 10k for 10k. No stamp means you should have it tested — acid or XRF — before selling.

Is gold-plated or gold-filled jewelry worth anything in melt value?

Almost nothing. Plated and gold-filled items have only a microscopic layer of gold over base metal. Stamps of GP, HGE, RGP or GF mean plating, not solid gold.

Does a dealer pay full melt value for scrap gold?

No. Expect about 70–90% of melt from a refiner or honest dealer, up to ~95% for clean bullion, and much less at kiosks. Always compare a few quotes before selling.

Should I remove stones before weighing gold?

Yes — weigh only the metal. Diamonds and gemstones have separate value and should not be counted as gold weight. A jeweler can give you the exact metal weight.

Companion to the free calculator

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This page values one karat at a time. The Silver Stacking Spreadsheet keeps the whole record — coins, bullion and scrap (silver, gold, platinum and palladium), what you paid, and your running profit or loss, auto-calculated from the spot price you enter.

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