Gold Scrap Prices Today
Live scrap gold prices per gram for every standard karat. Prices update every 60 seconds. Use this reference to know what your gold is worth before selling.
Scrap Gold Prices by Karat
| Karat | Per Troy Oz | Per Gram | Per Pennyweight | Per Kilogram | Dealers Pay (~80%) |
|---|---|---|---|---|---|
| 24K | $4,736.66 | $152.29 | $236.83 | $152,286.92 | $121.83/g |
| 22K | $4,342.53 | $139.62 | $217.13 | $139,615.38 | $111.69/g |
| 18K | $3,552.85 | $114.23 | $177.64 | $114,226.61 | $91.38/g |
| 14K | $2,763.17 | $88.84 | $138.16 | $88,837.85 | $71.07/g |
| 10K | $1,973.96 | $63.46 | $98.70 | $63,464.31 | $50.77/g |
| 9K | $1,776.42 | $57.11 | $88.82 | $57,113.31 | $45.69/g |
| 8K | $1,577.46 | $50.72 | $78.87 | $50,716.62 | $40.57/g |
"Dealers Pay" column shows approximately 80% of melt value, which is typical for scrap gold transactions. Actual dealer offers range from 70% to 85%.
What Determines Scrap Gold Prices
Scrap gold prices are driven by three factors: the global spot price of gold, the karat purity of your gold, and the weight. The spot price is set by international commodities markets and fluctuates throughout the trading day based on supply, demand, currency values, and economic conditions.
The karat purity determines what percentage of your piece is actual gold. A 14K ring is only 58.3% gold by weight—the rest is alloy metals with minimal scrap value. Higher karat means more gold content and a higher price per gram.
Use our gold estimator to calculate the exact melt value of your gold based on live prices.
Understanding Dealer Markups
No dealer pays 100% of melt value for scrap gold. The difference between melt value and what you're offered is the dealer's margin, which covers refining costs, business overhead, and profit.
Typical payout ranges:
- Precious metals dealers: 80–90% of melt value (best rates)
- Local jewelers: 75–85% of melt value
- Pawn shops: 60–75% of melt value
- Mail-in gold buyers: 50–75% of melt value (varies widely)
Always calculate your gold's melt value with our calculator before selling so you know what a fair offer looks like.
How to Get the Best Price for Your Scrap Gold
Sort by karat first. Separate your 10K, 14K, and 18K pieces. Mixing karats means you get paid at the lowest karat rate for the entire lot.
Weigh before you go. Use a digital scale accurate to 0.01 grams. Know what your gold weighs so you can verify the dealer's scale.
Check the spot price. The live prices on this page tell you exactly what gold is worth right now. Walk in informed.
Get multiple quotes. Visit at least three different buyers. Don't accept the first offer. Most dealers expect negotiation.
Avoid impulse sales. Gold doesn't expire. If today's offers seem low, you can always wait and try again later. Use the gold estimator to track when prices are favorable.