Scrap Gold Value

Finance

Calculate scrap gold value. Formula: Value = Weight (grams) × Purity (%) × Gold Price per gram.

Formula

Value = Weight × (Purity/100) × Price/gram

10g @ 95% purity, $65/g

Inputs
  • Weight (grams): 10
  • Purity (%): 95
  • Gold Price ($/gram): 65

~$617.50

Frequently asked questions

Why purity matters?
Only pure gold content has value. 24k = 100%, 18k = 75%, 14k = 58.3%.