{
  "slug": "scrap-gold-value",
  "title": "Scrap Gold Value Calculator",
  "heading": "Scrap Gold Value Calculator",
  "category": "financial",
  "url": "https://www.revenuelab.fyi/toolbox/scrap-gold-value",
  "summary": "What your gold jewelry is really worth by karat.",
  "description": "Karat purity and gram weight against spot price, minus a typical refiner payout percentage.",
  "formula": null,
  "dateModified": "2026-09-30",
  "run_url": "https://www.revenuelab.fyi/api/public/calc?tool=scrap-gold-value",
  "inputs": [
    {
      "id": "grams",
      "label": "Weight",
      "kind": "number",
      "hint": null,
      "default": 25,
      "unit": "grams",
      "min": null,
      "max": null
    },
    {
      "id": "karat",
      "label": "Karat",
      "kind": "select",
      "hint": null,
      "default": "14",
      "options": [
        {
          "value": "10",
          "label": "10K"
        },
        {
          "value": "12",
          "label": "12K"
        },
        {
          "value": "14",
          "label": "14K"
        },
        {
          "value": "18",
          "label": "18K"
        },
        {
          "value": "22",
          "label": "22K"
        },
        {
          "value": "24",
          "label": "24K"
        }
      ]
    },
    {
      "id": "spot",
      "label": "Gold spot price",
      "kind": "number",
      "hint": null,
      "default": 2650,
      "unit": "$/oz",
      "min": null,
      "max": null
    },
    {
      "id": "payout",
      "label": "Buyer payout",
      "kind": "number",
      "hint": null,
      "default": 80,
      "unit": "% of melt",
      "min": 10,
      "max": 100
    }
  ],
  "outputs": [
    {
      "id": "offer",
      "label": "Expected payout",
      "format": "currency",
      "hint": null,
      "primary": true
    },
    {
      "id": "melt",
      "label": "Full melt value",
      "format": "currency",
      "hint": null,
      "primary": false
    },
    {
      "id": "perGram",
      "label": "Melt value per gram",
      "format": "currency",
      "hint": null,
      "primary": false
    },
    {
      "id": "purity",
      "label": "Gold purity",
      "format": "percent",
      "hint": null,
      "primary": false
    }
  ],
  "worked_example": {
    "inputs": [
      "Weight: 25 grams",
      "Karat: 14K",
      "Gold spot price: 2650 $/oz",
      "Buyer payout: 80 % of melt"
    ],
    "outputs": [
      "Expected payout: $993.99",
      "Full melt value: $1,242.49",
      "Melt value per gram: $49.70",
      "Gold purity: 58.3%"
    ]
  },
  "how_to": {
    "title": "How to use this",
    "steps": [
      "Enter weight (grams).",
      "Enter karat.",
      "Enter gold spot price ($/oz).",
      "Enter buyer payout (% of melt).",
      "Read your expected payout on the right — it updates as you type.",
      "Hit Share to keep the scenario or send it to someone."
    ]
  },
  "scenarios": [
    {
      "name": "Conservative",
      "description": "Lower-end numbers — what if things land soft?",
      "values": {
        "grams": 15,
        "karat": "14",
        "spot": 1590,
        "payout": 48
      }
    },
    {
      "name": "Typical",
      "description": "Defaults — the most common real-world setup.",
      "values": {
        "grams": 25,
        "karat": "14",
        "spot": 2650,
        "payout": 80
      }
    },
    {
      "name": "Ambitious",
      "description": "Higher-end numbers — what if things really pop?",
      "values": {
        "grams": 40,
        "karat": "14",
        "spot": 4240,
        "payout": 100
      }
    }
  ],
  "limitations": [
    "Results are estimates before tax, fees, and inflation unless an input explicitly covers them.",
    "Rates are treated as fixed for the whole period — variable-rate products will drift from this projection.",
    "This is educational maths, not financial advice. Check anything contractual with the lender or your accountant."
  ],
  "faq": [
    {
      "q": "How does the scrap gold value calculator work?",
      "a": "Karat purity and gram weight against spot price, minus a typical refiner payout percentage."
    },
    {
      "q": "What do I need to enter?",
      "a": "4 values: weight, karat, gold spot price, and buyer payout. Each field starts with a sensible default, so you can change one number at a time and watch the result move."
    },
    {
      "q": "What does the expected payout result mean?",
      "a": "It is returned as a money amount in US dollars and updates live as you edit the inputs, so you can compare two or three versions of a scenario in a few seconds."
    },
    {
      "q": "Is this calculator free, and do I need an account?",
      "a": "Yes, it's free, and no account is required. Nothing you type is stored on our servers — the maths runs entirely in your browser."
    },
    {
      "q": "How accurate is the result?",
      "a": "It applies the standard formula exactly, so the arithmetic is precise. Results are estimates before tax, fees, and inflation unless an input explicitly covers them."
    },
    {
      "q": "Who is this tool for?",
      "a": "It's built for anyone comparing money scenarios before committing — budgeting a payment, sanity-checking a quote, or seeing what a change in rate or term actually costs."
    }
  ],
  "related": [
    "https://www.revenuelab.fyi/toolbox/coin-melt-value"
  ],
  "license": "CC-BY-4.0",
  "citation": "RevenueLab — Scrap Gold Value Calculator (https://www.revenuelab.fyi/toolbox/scrap-gold-value)"
}