PRECISION VALUATION
Gold Price & Melt Value Calculator
Instantly determine the true intrinsic market value of scrap gold, bullion bars, jewelry, and coins using real-time spot rates across all purities and global currencies.
PRECISION VALUATION SUITE
Interactive Gold Calculators
Calculate melt value, jewelry retail breakdown with making charges, and investment profit/loss
CALCULATED TOTAL VALUE
USD 1,265.65
Melt value of 10 gram in 22K purity
Pure Gold Weight:9.167 g
Equivalent 24K Melt:USD 1,380.71
Rate per 24K Gram:USD 138.07
How Gold Value is Calculated
The intrinsic value (melt value) of gold depends strictly on two factors: the pure gold mass in grams and the current 24K spot price per gram.
Gold Melt Value = Total Weight (grams) × (Karat / 24) × (Spot Price per Ounce / 31.1035)
For instance, a 10-gram piece of 22K gold has an actual pure gold content of 9.167 grams (10 × 22/24). When selling gold to a refiner or pawnshop, buyers offer a percentage of this calculated melt value (usually 90% to 98%).