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Scrap Gold Calculator

Estimate the payout for scrap gold after a dealer’s percentage.

Change any value: results update instantly
Results
Estimated payout$1,710.42
Full melt value$2,138.02

Please do not make financial decisions based on these results.

What is the Scrap Gold Calculator?

Estimate the payout for scrap gold after a dealer’s percentage. To use the Scrap Gold Calculator, enter weight, karat, gold price per troy ounce, dealer payout; it returns estimated payout, full melt value, and shows them instantly as you type.

Where the Scrap Gold Calculator fits

Estimate the payout for scrap gold after a dealer’s percentage. The main figure it returns is the Estimated payout, worked out from the values you enter.

It belongs with the other budget & planning tools. If you are comparing options or checking a result from another angle, try the Scrap Silver Calculator, Gold Melt Calculator or the Car Depreciation Calculator.

How to use the Scrap Gold Calculator

  1. Fill in the fields. You will need Weight (grams), Gold price per troy ounce ($), Dealer payout (%). Start with your real monthly figures, even if they are rounded. Fields marked optional can stay at zero.
  2. Choose your options. Karat change how the result is worked out, and the form updates to match your choice.
  3. Read the result. The highlighted box gives the Estimated payout, and the cards below show Full melt value. Tables and charts break it down further.
  4. Test other scenarios. Results update as you type. Change one value at a time to see what drives the answer, and press Reset to go back to the defaults.

Formula and how it works

Payout = melt value × dealer payout percentage.

Example with real numbers

Here is the Scrap Gold Calculator using the default values shown in the calculator above:

Inputs

Weight (grams)30
Karat14K
Gold price per troy ounce ($)3,800
Dealer payout (%)80

Results

Estimated payout$1,710.42
Full melt value$2,138.02

With these inputs the calculator returns Estimated payout: $1,710.42. Change any value in the calculator to see how the result moves.

What if you change one input?

Sensitivity check: raising Weight (grams) from 30 to 36 (about 20% higher) and leaving everything else as in the example above changes the results like this:

ResultExampleAfter the changeChange
Estimated payout$1,710.42$2,052.50+20%
Full melt value$2,138.02$2,565.63+20%

The input that moves the result most is the one to check twice. Change it in the calculator above to test your own case.

What the results tell you

The results panel of the Scrap Gold Calculator reports Estimated payout and full melt value. Compare these figures while changing one input at a time, and use the related calculators below to look at the same situation from another angle.

Method and limits. This calculator applies the formula in the section above to your inputs, in your browser; nothing you enter is stored on our servers. Results are only as good as the figures you enter; use real recent numbers. It is for information, not financial, tax or legal advice.

Frequently asked questions

How much do dealers pay for scrap gold?

Typically 60% to 90% of melt value, depending on the buyer and quantity.

How do I start a budget?

List your take-home income, list every regular expense, and compare. Adjust until spending is below income with room for savings.

How accurate are cost-of-living indexes?

They are averages and estimates. Housing costs vary widely within a city, so use the result as a guide and check real rents and prices.

Are the results guaranteed?

No. Results depend entirely on the numbers you enter and the formulas shown on this page. Please do not make financial decisions based on them alone; confirm important figures with a licensed professional.

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Disclaimer: Please do not make financial decisions based on these results. These calculators are for general information only. Talk to a licensed professional before making any financial, tax or legal decision. Read the full disclaimer.
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