Free gold & silver tools

What is your gold and silver worth?

Free melt value calculators for gold, silver and platinum jewelry, coins and bullion, using live spot prices. Find out what your metal is worth before you sell, and see what percent of melt any offer really is.

Free, no sign-upLive spot pricesWorks on your phone

Quick melt calculator

Metal
Karat (look for the stamp: 10K, 14K, 585…)
Convert a weight (grams, pennyweight, troy oz…)

Jewelers weigh gold in grams or pennyweight (dwt). Precious metals are priced in troy ounces, which are about 10% heavier than the ounces on a kitchen scale.

Open the full weight converter page →
Melt value—
Add pieces to a list, check an offer, or value coins →
Loading live spot prices…
Gold (XAU)—/ troy oz
Silver (XAG)—/ troy oz
Platinum (XPT)—/ troy oz

Spot prices are for reference only. They are not an offer to buy or sell, and buyers pay less than spot. You can enter your own spot price with “Use my own price”; it is kept only in this browser tab, is not saved or shared, and is cleared when you close the tab.

How melt value is calculated

Melt value is the worth of the pure metal inside an item at today's spot price. Every calculator on this site uses the same formula:

melt value = weight in troy ounces × purity × spot price

A 14k gold chain weighing 10 grams, for example, is 10 ÷ 31.1035 = 0.3215 troy ounces, and 14k is 58.5% gold, so it holds 0.1881 troy ounces of pure gold. Multiply that by the gold spot price and you have its melt value.

Melt value is not the same as an offer

Refiners charge to melt and assay metal, and every buyer has costs, so offers for scrap usually come in below melt value. How far below varies a lot between buyers. The full calculator shows what percent of melt an offer is, so you can compare buyers on equal terms. Our selling guide covers what to ask before you sell.

Coins can be worth more than melt. Rare dates, mint marks and coins in high grade sell to collectors for well above their metal content, so check before selling anything old as scrap.