Estimate Your Gold’s Cash Value
Enter your gold details below to estimate melt value and a likely cash offer from a dealer or gold buyer.
What is a Gold to Cash Calculator?
A gold to cash calculator helps you estimate what your gold may be worth in dollars before you visit a pawn shop, jeweler, refinery, or online buyer. It translates three key inputs—weight, purity, and spot price—into an estimated melt value, then applies a payout rate to estimate what you could actually receive in cash.
This gives you a realistic baseline so you can compare offers and avoid selling blindly.
How the Calculation Works
1) Convert Weight to Troy Ounces
Gold is priced in troy ounces, not regular ounces. If your item is measured in grams or standard (avoirdupois) ounces, the calculator converts it first.
- 1 troy ounce = 31.1035 grams
- 1 regular ounce = 28.3495 grams
2) Adjust for Purity
Not all gold is pure. Karat tells you purity:
- 24K ≈ 99.9%
- 22K ≈ 91.7%
- 18K = 75.0%
- 14K = 58.5%
- 10K = 41.7%
Pure gold weight = total weight × purity percentage.
3) Calculate Melt Value
Melt value is the raw metal value before commissions, spreads, and fees:
Melt Value = Pure Gold (troy oz) × Spot Price
4) Estimate Your Cash Offer
Most buyers pay less than full melt value to cover risk, processing, and profit margin.
Estimated Cash = (Melt Value × Payout %) − Fees
Example
Suppose you have 20 grams of 14K gold, the spot price is $2,350/ozt, and a buyer pays 85%.
- 20g = 0.6430 troy oz total
- 14K purity (58.5%) gives 0.3762 troy oz pure gold
- Melt value ≈ 0.3762 × 2350 = $883.07
- Estimated offer ≈ 85% of $883.07 = $750.61
Your exact offer can vary by buyer, item type (scrap vs. branded jewelry), and testing results.
Tips to Get a Better Gold Selling Price
- Check live spot prices before selling.
- Know your karat and bring documentation if available.
- Separate items by purity to avoid blended low estimates.
- Get multiple quotes from at least 3 buyers.
- Ask about hidden fees (refining, assay, shipping, wire fees).
- Avoid rushed sales when possible; timing can matter.
Frequently Asked Questions
Is this the exact amount I will receive?
No. This is an estimate. Final offers depend on buyer policies, testing results, and local market conditions.
Why is my cash offer lower than melt value?
Buyers typically pay a percentage of melt value to account for business costs, refining losses, and profit margin.
Should I use grams or ounces?
Use whatever measurement you have. The calculator converts units and always values gold in troy ounces.
Can I use this for coins and bullion?
Yes, but collectible coins can carry numismatic premiums above melt value. Those premiums are not included here.
Educational use only. This calculator is not financial advice and does not guarantee market offers.