A practical estimator

Gold Value Calculator

A gold melt value calculator estimates the theoretical metal value of an item from the latest valid spot price, weight, purity, unit, and currency. Enter one set of inputs to compare the result; it is not a dealer or resale quote.

24K gold · USD

$124.60per gram
Last updated Oct 31, 2026, 11:19 AM UTC Twelve Data quote · Latest validated provider value — timing follows the source
Data source Twelve Data quoteLast updated Oct 31, 2026, 11:19 AM UTCFX reference date 2026-10-31Status Latest validated provider value — timing follows the source

Choose

Weight, unit, purity, and currency

Units

Grams, troy ounces, kilograms, tola, or pennyweight

Result

Theoretical spot / melt value estimate

Today’s reference

Estimate value by weight and purity

This is a metal-content estimate, not a dealer offer, retail price, jewellery valuation, or scrap buyer quote. Actual prices vary with testing, premiums, fees, condition, and the selected market references.

Gold calculator

What is your gold worth?

Estimate theoretical spot / melt value by weight, purity, and currency. It is not a dealer quote, retail price, or scrap buyer offer.

Estimated gold value
$1,245.98

Based on 24K purity, Twelve Data quote spot data, and Frankfurter reference rates. Formula: weight × spot value × purity factor. Actual dealer, jewellery, or buyback prices vary.

Helpful answers

Gold Value Calculator FAQ

What is gold melt value?

Gold melt value is the theoretical value of the gold content in an item at the stated spot reference after applying its weight and purity. It excludes craftsmanship, premiums, taxes, testing, fees, and a buyer's margin.

What formula does the calculator use?

It converts the selected weight into grams, multiplies by spot price per gram, applies the selected purity factor, and converts the result into the chosen currency.

Does the result include a dealer’s margin?

No. The result is a theoretical spot / melt value estimate and does not include dealer spreads, jewellery premiums, taxes, assay fees, refining costs, or a buyback margin.

Which purity options are supported?

The calculator supports 24K, 22K, 18K, 14K, 10K, and 9K theoretical purity factors.

Why can the calculator result change later?

The tool uses the latest valid server-side spot and foreign-exchange references available at the time of the request. Provider updates, delayed data, or a stale fallback can change the displayed estimate.

Information only, not investment advice. Calculations are theoretical spot / melt value estimates and are not dealer offers, retail prices, jewellery valuations, or scrap buyer quotes.