Scrap calculator
Scrap Gold Calculator
Add your gold items, get the total scrap value at today's spot price.
Market Openupdated 10m ago
Source: Yahoo Finance COMEX Gold Futures GC=F
Add your gold items, get the total scrap value at today's spot price.
Source: Yahoo Finance COMEX Gold Futures GC=F
The scrap gold calculator lets you add multiple gold items — each with its own weight and karat — and see the total melt value at the live gold spot price. Whether you're selling a single broken chain or a bag of mixed jewelry, this tool gives you an accurate baseline before visiting a dealer.
Scrap gold is any gold item valued for its metal content rather than design or collectible worth. Common examples include old rings, tangled chains, dental gold, watch cases, and broken jewelry. Refiners melt these items down and recover the pure gold inside.
A gold buyer will weigh your items, verify or test the karat, and calculate the melt value using the current spot price. They then subtract a margin — typically 10% to 30% — to cover refining, assay fees, and profit. Our dealer discount slider lets you model this deduction so you know what to expect.