Calculate the true value of your gold instantly (Targeted for USA)
*Based on the details provided
Our gold price calculator is designed specifically for the US market. Whether you have jewelry, bullion, or scrap gold, you can easily determine its scrap value. Simply enter the current spot price of gold, the weight of your item (in Troy Ounces, Grams, or Pennyweight), and select the Karat purity (e.g., 14K, 18K, 24K).
In the United States, 14 Karat (14K) is the most common purity for jewelry, making up over 90% of engagement rings and wedding bands. 14K gold contains 58.3% pure gold, mixed with other alloys for durability. 10K is the minimum purity to be legally called "gold" in the USA.
Gold is weighed in Troy Ounces, not regular (Avoirdupois) ounces. One Troy Ounce is equal to 31.103 grams, whereas a regular ounce is 28.349 grams. Our calculator automatically handles these exact mathematical conversions for you.