Cash for Gold

How the calculator works

Each estimate is weight × spot price per gram × karat purity × buyback rate. Spot price comes live from gold-api.com (USD per troy ounce, converted to per gram using 1 oz = 31.1034768 g).

Karat purity reference

Karat measures the fraction of pure gold in an alloy. The calculator uses standard industry decimals:

• 24K — 99.9% pure gold (investment bars, fine jewelry)
• 22K — 91.6% (commonly used in South Asian jewelry)
• 18K — 75.0% (higher-end European jewelry)
• 14K — 58.3% (most common US jewelry karat)
• 10K — 41.7% (entry-level jewelry)

Why 70–90% buyback rates?

US cash-for-gold buyers typically offer 70–90% of the metal value depending on volume, karat, and dealer margin. Professional refiners pay near the top of the range; pawn shops and mall kiosks often sit at the bottom. 80% is a useful mid-market target when comparing offers.

Estimates are indicative only. Actual offers vary by buyer, testing method, and market conditions. The shown spot price may lag the true market by up to 60 seconds due to caching.