Finance
Gold Melt Value Calculator
Calculate the raw gold value of jewelry, coins, or scrap based on weight and karat purity.
Formula:
Melt Value = Weight (troy oz) × Purity % × Spot Price
1 troy oz = 31.1035 grams
1 dwt = 1.555 grams
Gold Karat Purity Chart
| Karat | Purity | Gold Content |
|---|
| 24K | 99.9% | Pure gold |
| 22K | 91.7% | Common in Asian jewelry |
| 18K | 75.0% | Fine jewelry standard |
| 14K | 58.3% | US jewelry standard |
| 10K | 41.7% | Minimum for "gold" in US |