Rough melt estimate from weight, karat, and spot gold — useful before you take jewelry to a buyer.
Melt value is the raw gold content at today’s spot price — not what a shop will pay you. Buyers deduct refining cost and their margin, so offers are often 50–90% of melt depending on channel.
Always sort pieces by stamp, weigh in grams, and get two or three quotes. Mixed-karat lots sometimes get a single blended rate that undervalues higher-karat items.
This page uses a fixed spot input for simplicity. If you need live market prices, multiple currencies (USD, GBP, EUR), pennyweight or troy-ounce units, and tables by karat, use this scrap gold calculator with live prices — free, no account required.