Cash For Gold Calculator (2024)

Cash For Gold Calculator (1)

LIVE GOLD PRICE CHART
Karats Grams
10 K $31.81
14 K $44.54
16 K $50.90
18 K $57.26
21 K $66.81
22 K $69.99
24 K $76.35
DWT
$49.47
$69.26
$79.16
$89.05
$103.90
$108.84
$118.74

This is the original Cash for Gold Calculator.

This software was developed by the National Gold Market Corporation to educate the public, providing the most accurate market price for Gold, Silver and Platinum at 100% of the current New York Spot Price and the Asia Stock Market. The Live Price chart gives you a breakdown per gram, DWT (pennyweight) and Troy Ounce. What is the right amount to receive for your gold? If you're selling Gold Jewelry, a reasonable settlement would be 70% to 80% of the market value. If you're selling Gold Coins a reasonable settlement would be 90% of the market value.

If you are near The Los Angeles area, National Gold Market is located in Pasadena, California. They pay 75% to 80% for Gold Jewelry and 90% for Gold Coins. You can walk in and get your items tested for free to determine the Karat metal purity and the gram weight. The company will give you a quote based off the current Live Prices on the “LA Cash for Gold” website. Payments are made in CASH.

VISIT THE LOCAL SITE BY CLICKING HERE:
LA Cash for Gold

You can also send your gold using our Prepaid, insured FEDEX Package by following the simple instructions on National Gold Market.com website.

VISIT THE NATIONAL SITE BY CLICKING HERE:
National Gold Market

What to avoid when selling Gold?

Like any other business, there are mischievous people who will try to confuse someone trading in their gold for cash, due to the sellers need for money or lack of education on precious metals. If you are looking to get a fair amount for your gold, avoid dealers that will give multiple low offers. If you decide to sell your gold make sure it is a legitimate jewelry store and not a location with a few desks claiming to be a refinery or precious metals specialist. WARNING: DO NOT ACCEPT AN OUT OF STATE CHECK, unless you are comfortable with the buyer and are willing to wait 3-7 business days for the check to clear.

How to sell your Gold Properly:

Call the company you are planning to sell gold and ask them the following questions:


1.
Do you pay Cash or Check when you buy my gold and are your checks from a local bank?
2.
What is the price you pay per gram? Provide the gold buyer you are talking to the proper Karat of Gold you are selling example: 10k 14K 18K. If the company representative tells you they do not pay per gram and only pay by pennyweight you should avoid going to the location. If they reply "We do not quote prices over the phone", then it is in your best interest to start looking for other reputable dealers who can answer your questions honestly and not attempt to deceive you.
3.
Is stone removal free? Remember, some stones are worth more than the gold the stone is set on. Diamonds are worth MONEY. They should be paid for or returned to you.
4.
What form of ID is required to sell you my gold? (They should ask for your driver’s license.) If they do not require STATE ID, this means the company most likely buys stolen merchandise and you should clearly avoid the gold buyer. Buying Gold requires buyers to obtain a Second Hand Dealers License in the state they are buying Gold, Silver and Platinum jewelry and coins.
5.
Ask the Gold Buyer to provide a detailed invoice at the time of sale with a breakdown of items sold to them for your records.

Copyright Cash for Gold Calculator. All rights reserved. © 2010.

Cash For Gold Calculator (2024)

FAQs

How do you calculate cash for gold? ›

In India, to calculate the price of 1 gram of gold, multiply the current gold rate per gram by the purity percentage of the gold item. For instance, if the current gold rate is ₹4,000 per gram and the gold item is 22-carat (91.6% pure), the price for 1 gram would be ₹4,000 × 0.916 = ₹3,664.

How much is 14K gold worth per gram today? ›

Today's Gold Prices
Per Gram
10K$30.49
14K$42.26
18K$54.84
1 more row

What is the cash price for gold? ›

Live Gold Spot Prices
Gold Spot PricesTodayChange
Gold Prices Per Ounce$2,398.00-6.00
Gold Prices Per Gram$77.10-0.19
Gold Prices Per Kilo$77,095.70-192.90

How do you calculate how much your gold is worth? ›

Multiply the weight of your item by the karatage content and then take that value and multiply it by the current market price per gram to estimate the raw gold value of your jewelry. The quick calculation to determine the value of your gold is = (weight of gold x purity of gold) x rate of gold today.

How much is a 14k gold ring worth in scrap? ›

If your ring is made of 14K gold, it contains 5.8 grams of pure gold and the rest of it is made up of other metals. That gold is worth about $527.00. If your ring is made of 10K gold, it contains about 4.2 grams of pure gold and the rest of it is made up of other metals. That gold is worth about $237.00.

How much should I expect to receive when selling gold? ›

However, you can generally expect to get between 50% and 90% of the current gold price for your jewelry. If your jewelry is older or has historical significance, you may be able to get even more for it.

How much should I sell my 14k gold necklace for? ›

As a general guideline, expect to get 55 to 75 percent of the total gold value (assuming the piece is in good shape). So, if your necklace contains about $420 worth of gold, a fair offer would be $231 to $315. Another way to calculate it is to reduce the per-gram value by 25-45 percent.

Is 14k gold worth selling? ›

14k gold is generally worth very little when it is sold as scrap gold, which is what we have focused on in this article. However, antique pieces, collectibles, and items with intricate details or unique designs can be quite valuable, depending on how much buyers are willing to pay for them.

How much can I sell a 14k gold ring for? ›

The market price always refers to gold when it's at 24k purity. For lower purity gold, multiply the market price by the percent purity as a decimal. For example, if, the current market price for gold is about $62.05 per gram, the approximate value of 14k gold, therefore, is $62.05 x 0.583 = $36.18 per gram.

Who pays the best for gold? ›

We can confidently say that Cash For Gold USA is the #1 place to get a fair market offer for gold and jewelry online. Here's why: We guarantee we'll beat any competitor's price for jewelry, gold coins, silver coins, diamonds, and more. We process all payments within 24 hours.

How much is 1 oz of gold right now? ›

$2,378.90 USD

Is it a good time to sell gold? ›

With gold hitting new price peaks and "with inflation being reduced close to target levels of about 2% in both the United States and abroad, it would appear that now would be a good time for investors to reduce their stakes in this precious metal and return to their normal asset allocation," he adds.

How much can I sell a 14K gold bracelet for? ›

By multiplying the weight of the bracelet in grams by the current price per gram of 14k gold, you can arrive at an estimated value. As of February 2024, the current price per gram of 14-karat gold is $36.12. So if you have a gold bracelet weighing 5 grams then expect a price of $180.60.

How is gold weighed for cash? ›

Gold is also weighed in troy ounces. 20 dwt will make up a troy ounce and when it comes to grams, 31.1 grams will do. The thing you should always remember is that the weight will always remain the same.

What is the formula for calculating gold price? ›

Price of the gold jewellery = Gold rate x weight of gold (gms) + Making charges + GST, i.e., the prevailing rate of gold multiplied by the weight of the piece in grams, and added to making charges and tax. One of the factors that you must be aware of is that the price of gold will depend on the quality and location.

How do I convert my gold to cash? ›

Local jewelers and pawn shops provide a quick and straightforward option for selling your gold. They typically offer on-the-spot evaluations and immediate cash payments.

What is the formula for scrap gold price? ›

For each group of gold, divide the karat by 24, then multiply that number by today's gold price per gram. For example, if you have 10K gold and the current price of gold is USD$1,600 per ounce or USD$51.45 per gram ($1,600/31.1), then the price of your scrap gold is USD$51.45 x . 4167 = USD$21.44 per gram.

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