How Much Is My Gold Worth?

The formula

Step 1 — Purity. Pure gold is 24k. Your stamp tells the fraction: 10k = 41.7% gold, 14k = 58.3%, 18k = 75%, 22k = 91.7%.
Step 2 — Weight. Gold is weighed in troy ounces (31.1 grams) or pennyweight (dwt — 1 dwt = 1.555 grams). A heavy chain surprises people: weight is where the money is.
Step 3 — Spot. Multiply pure-gold weight by today’s spot price per troy ounce. That’s melt value — the floor every honest offer is built from.

What changes the offer

Broken gold pays. Scrap and broken pieces are priced on melt — and broken gold is honestly where smart sellers do best, because nobody’s charging you for "craftsmanship" on a snapped chain.
Designer and antique pieces can pay over melt — a signed Cartier or Tiffany piece is worth more than its weight, and a real buyer says so.
Stones count. Diamonds and gems in your gold add value when the buyer can grade them.

Try it yourself

Our homepage has a live gold estimator — enter your weight and karat and see today’s melt value before you sell to anyone. Then text a photo to 857-867-6468 and compare our offer. Knowledge first, money second.

Not ready to sell? Borrow against it instead — pawn loans at 3% per month, no credit check, and your first loan is free up to $500. Renew from your phone with the MobilePawn app.

Questions we hear

Why do offers differ so much between shops?

Because the percentage of melt a shop pays is their choice. Shops that won’t show you the weight, the karat test, or the spot price are choosing not to. We do all three in front of you.

Is gold-filled or gold-plated worth anything?

Very little — the gold layer is a tiny fraction of the weight. Stamps "GF" or "HGE" give it away. We’ll test it free and tell you straight.