What is your gold worth?
Note: This calculation provides the highest melt value of the gold today and is not an estimate of what we will pay. Your offer will depend on your appraisal. Use this for informational purposes only.
Gold Markings and Purity Reference Chart
| Marking | Karat (K) | Gold Content (%) | Description |
|---|---|---|---|
| 999 | 24K | 99.9% | Pure gold, often used in bullion or high-value jewelry. |
| 916 | 22K | 91.6% | Common in traditional jewelry, especially in India and Asia. |
| 750 | 18K | 75.0% | Widely used in fine jewelry; a good balance of purity and durability. |
| 585 | 14K | 58.5% | Durable and affordable, popular in the U.S. for everyday jewelry. |
| 417 | 10K | 41.7% | The minimum standard for gold in many countries, highly durable. |
| 375 | 9K | 37.5% | Common in vintage and lower-cost jewelry, especially in Europe. |


Gold Calculator
Use Royal Element’s gold calculator to estimate the current value of your gold by weight, unit, and karat purity. Whether you are checking a 10K ring, 14K jewelry, 18K chains, 22K pieces, 24K bullion, scrap gold, dental gold, coins, or broken jewelry, this tool helps you understand the approximate melt value before you sell.
How To Use The Gold Value Calculator
Enter the weight of your gold, choose grams, pennyweight, or troy ounces, then select the karat mark stamped on the item. The calculator uses the current gold market price and the purity percentage of your item to estimate its gold content. Common jewelry markings include 10K, 14K, 18K, 22K, and 24K, as well as 417, 585, 750, 916, and 999.
How Gold Value Is Calculated
Gold is priced by the troy ounce, but most jewelry is weighed in grams or pennyweight. The basic formula is: gold value = gold spot price per gram × item weight × purity percentage. For example, 14K gold contains about 58.5% pure gold, while 18K gold contains about 75% pure gold. The higher the purity and the heavier the item, the higher the estimated gold value.
Gold Calculator By Karat
10K Gold
10K gold is 41.7% pure gold and is common in durable everyday jewelry.
14K Gold
14K gold is 58.5% pure gold and is one of the most common jewelry purities in the United States.
18K Gold
18K gold is 75% pure gold and is often used in higher-end fine jewelry.
24K Gold
24K gold is nearly pure gold and is usually found in bullion, bars, coins, and some high-purity jewelry.
Scrap Gold Calculator For Jewelry, Coins, And Bullion
This calculator can be used for more than finished jewelry. It can help estimate the value of scrap gold, broken chains, single earrings, class rings, gold coins, small bullion pieces, dental gold, and other gold items. For the most accurate estimate, separate items by karat before entering the weight.
Nationwide Gold Selling And Appraisals
Royal Element helps customers understand gold value whether they are local or comparing gold buyers nationwide. The calculator is designed for people across the United States who want a transparent way to estimate gold value before requesting an appraisal. If you want an exact offer, Royal Element can review your items and explain the purity, weight, market price, and payout process clearly.
Why Your Final Offer May Be Different From Melt Value
A gold calculator gives an estimate based on market price, weight, and purity. A real offer may also consider testing results, non-gold materials, stones, condition, refining costs, market movement, and buyer margin. The best way to know the actual value of your gold is to get a professional appraisal with transparent testing.









