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14K Gold Melt Value Calculator

Enter your gold’s weight and karat below to get its melt value in seconds, calculated from today’s live spot price. No signup, no email required, and every number the calculator produces is built from a formula shown further down this page, not a hidden estimate.

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Gold Melt Value Calculator

Enter your gold’s weight and karat. Get the melt value in seconds, based on today’s live spot price.

Melt Value
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Gold buyers typically pay 75 to 90 percent of melt value. A $387.70 piece could realistically sell for $290.78 to $348.93 at a reputable buyer, with the exact figure depending on which type of buyer you choose, covered in full below.

Source: GoldAPI.io, COMEX/LBMA spot.

How to Use This Gold Melt Value Calculator

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Weigh Your Gold

Use a digital scale accurate to at least 0.1 grams, and weigh in grams whenever possible since it’s the most precise common unit. If your scale reads in troy ounces or pennyweight instead, select the matching unit from the dropdown rather than converting by hand.

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Find the Karat Stamp

Check the inside of a ring band, a chain’s clasp, or the back of a pendant. No visible stamp doesn’t mean no gold. A jeweler can confirm purity with an acid test for around $5 to $10.

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Get Your Gold Melt Value

Enter the weight, select the karat, and press Calculate. The result is melt value: the raw gold content priced at today’s live rate, not what a buyer will actually offer.

Gold Hallmark Reference

Every piece of real gold jewelry sold in the US carries a hallmark stamp, and each one maps to a specific purity. Here is what each stamp means and what it is worth at today’s live gold price:

Stamp Karat Purity Price Per Gram Today Common Use
417 10K 41.7% Budget rings, children’s jewelry
750 18K 75.0% European fine jewelry, luxury pieces
916 22K 91.6% Indian gold jewelry, some coins
999 24K 99.9% Investment coins, bars, bullion

Prices update automatically from live COMEX/LBMA spot data via GoldAPI.io · GP (Gold Plated), GF (Gold Filled) and RGP stamps indicate non-solid gold with no melt value.

The 585 stamp itself certifies 58.5% purity by international hallmark convention. The calculator above uses the exact 14/24 fraction (58.3%) instead of the rounded hallmark figure, since it’s marginally more precise on larger weights. The homepage covers why both numbers exist in full.

GP (gold plated), GF (gold filled), and RGP (rolled gold plate) stamps mean the piece isn’t solid gold and carries no meaningful melt value under this calculator. For the complete US hallmark reference, including how to spot these non-solid markings, see the full hallmark guide.

Common Gold Weights and Their Melt Value

Every weight below is calculated at today’s spot price of $4,134.69 per troy ounce, across all four common karats, so you can check a typical piece without touching the calculator. A typical wedding band runs 3 to 7 grams. A chain necklace runs 5 to 30 grams depending on length and thickness. These figures are a snapshot, not a live quote. Enter your exact weight into the calculator above for a figure that matches today’s actual spot price, and see the ring and chain guides for typical weights by item type.

Weight10K14K18K24K
1g$55.39$77.54$99.70$132.93
2g$110.78$155.08$199.40$265.86
3g$166.17$232.62$299.10$398.79
5g$276.95$387.70$498.50$664.65
7g$387.73$542.78$697.90$930.51
10g$553.90$775.40$997.00$1,329.30
15g$830.85$1,163.10$1,495.50$1,993.95
20g$1,107.80$1,550.80$1,994.00$2,658.60
25g$1,384.75$1,938.50$2,492.50$3,323.25
30g$1,661.70$2,326.20$2,991.00$3,987.90

What Is Gold Melt Value?

Melt value is the dollar value of the pure gold content inside a piece, priced at today’s spot rate, calculated as weight × purity × spot price per gram. It’s what the piece would be worth if melted down and refined to pure gold today. It isn’t the retail price, the resale price, or what you originally paid.

For the complete explanation, including melt value versus retail and resale value, see what gold melt value is.

What Different Buyers Actually Pay

Melt value is your negotiating floor, not your expected payout. Real buyers pay a percentage of it, and the percentage varies significantly by buyer type.

  • Pawn shops: 40 to 65 percent of melt value. Fast and convenient, but the lowest payout. Use only if you need cash immediately.
  • Local jewelers buying scrap: 55 to 75 percent of melt value. Better than a pawn shop, though it varies widely by shop.
  • Dedicated gold buying shops: 70 to 85 percent of melt value. Local competition tends to keep rates higher.
  • Mail-in online refiners: 85 to 93 percent of melt value. The strongest rates for private sellers, at the cost of waiting 5 to 10 business days.

Get at least three quotes before selling anything. On a $500 piece, the gap between a pawn shop and a mail-in refiner can easily run $150 to $200 in your pocket. For the full negotiating playbook, see how to sell 14K gold for the best price.

Grams, Troy Ounces, and Pennyweight

Gold buyers work in grams. Spot prices are quoted in troy ounces. Some US jewelers quote in pennyweight (dwt) instead. This calculator handles all three.

  • 1 troy ounce = 31.1035 grams
  • 1 pennyweight (dwt) = 1.55517 grams
  • 1 gram = 0.643 pennyweight

Always confirm which unit a buyer is quoting before comparing offers. A quote in pennyweight produces a smaller number for the same weight than a quote in grams, and less careful buyers sometimes lean on that difference without clarifying which unit they mean.

Does Gold Condition Affect Melt Value?

No. A broken chain, a bent ring, and a scratched bracelet all carry the same melt value as a flawless piece of identical weight and karat. Buyers melt everything down regardless of condition, so only weight and purity determine the number.

The one real exception is gemstones. A piece with a meaningful diamond or other stone should be appraised separately before selling as scrap. A 1-carat diamond alone can be worth $2,000 to $6,000, value that melting the piece down destroys entirely

How to Weigh Gold at Home

A digital scale accurate to 0.1 grams, available for $12 to $25, is accurate enough for this calculator. Zero the scale before placing gold on it, weigh on a hard flat surface, and use grams rather than ounces or carats. For scale recommendations and full calibration steps, see how to weigh gold at home.

Disclaimer: Melt values shown by this calculator are based on live spot prices from COMEX and LBMA markets via GoldAPI.io. They reflect the raw gold content value only and do not include dealer premiums, fabrication costs, retail markups, or refining fees. Actual buy and sell prices will differ. This calculator is for informational purposes only and does not constitute financial advice.

Quick Reference — 14K Gold
Purity 58.3% (14/24)
Hallmark 585 / 14K / 14ct
Per Gram
14K Per Troy Oz
Daily Change
Updated 3× Daily
Source GoldAPI.io
Selling Your Gold?

Find out what your pieces are worth before visiting any buyer. Most sellers get 15–20% more just by knowing their melt value first.

Calculate Melt Value →
Gold Price Per Gram — All Karats
10K / 417
14K / 585 ★
18K / 750
22K / 916
24K / 999

Gold Calculator: Frequently Asked Questions

Very accurate for what it measures. The calculator uses live spot price data from COMEX markets via GoldAPI.io, updated three times a day, and applies the same weight × purity × spot price formula that professional refiners and dealers use. The only variable is the spot price at the moment of calculation, which reflects real market conditions.

Melt value is the raw gold content only, priced at today’s spot rate. Resale value includes a buyer’s margin and refining costs, and, for pieces resold as jewelry rather than scrap, a retail markup on top. Melt value is always the lower of the two figures.

Yes, for standard bullion coins where the value is essentially the gold content itself. Rare or collectible coins can be worth significantly more than melt value due to numismatic demand, so have those appraised separately rather than relying on this calculator.

This calculator shows 100 percent of melt value. Buyers pay a percentage of that figure, typically 40 to 93 percent depending on the type of buyer, to cover their refining costs and margin. A real offer will almost always be lower than the number shown here, and that gap is expected, not a sign of a bad calculation.

No, this tool calculates gold content only. Pieces with meaningful gemstones should be appraised by a jeweler before selling as scrap, since melting the piece down destroys any separate stone value entirely.

Start with the hallmark stamp, though stamps can be faked. A magnet test helps rule out obvious fakes, since real gold isn’t magnetic, but it isn’t conclusive on its own. A jeweler’s acid test, typically $5 to $10, is the reliable way to confirm purity before trusting this calculator’s result.

The price updates automatically three times a day from live COMEX and LBMA data, and refreshes whenever you reload the page. This particular calculator does not currently include a manual refresh button; reloading the page is the fastest way to pull a new reading between scheduled updates.