Check real-time scrap gold market rates per gram and calculate net cash payout estimates across all karats and currencies.
Model dealer margins and actual cash payouts in USD, CAD, AUD, GBP, EUR, and INR
Gold spot prices fluctuate 24 hours a day. Use our interactive slider to test various buyer payout ratios (from 60% up to 98%) and advanced deduction fees to see real net cash in hand.
Real-time scrap rate per gram, pennyweight, and troy ounce
Live rates update based on open market spot prices. Click any karat tab to update calculations.
Three steps — check live rates, input weight, estimate cash payout
Gold spot trading opens Sunday at 6:00 PM ET and runs continuously through Friday at 5:00 PM ET, moving through Asian, European, and US markets.
When gold spot prices rally, lock in a quote with a refinery or online buyer. Most refiners honor locked rates for 48 to 72 hours while your package is in transit.
Our live calculator converts USD spot gold rates into Canadian Dollars (CAD), Australian Dollars (AUD), British Pounds (GBP), Euros (EUR), and Indian Rupees (INR) automatically.
—
Understanding spot pricing dynamics and buyer payout structures
Gold spot prices fluctuate based on global economic indicators, central bank policies, inflation expectations, and currency exchange rates.
Gold spot prices are determined 24 hours a day by global trading across major commodities exchanges including COMEX in New York and LBMA in London. Interest rates, inflation, currency strength, and geopolitical events drive live spot movements.
Buyers set their payout ratios to cover operational costs, smelting expenses, insurance, and profit margins. Direct precious metal refineries offer the tightest buyback spreads (3% to 15% below melt).
Always calculate your total melt value using our calculator before seeking offers. Get itemized quotes from at least 3 buyers, and never sell to buyers who refuse to disclose their per-gram payout rates upfront.
Compare live spot prices across gold, silver, platinum, and palladium
All major precious metals trade continuously on global commodity exchanges.
Specialized tools for every scrap gold scenario — pick the one that matches your gold item.
41.7% Pure · America's standard gold alloy
58.3% Pure · Most popular US jewelry gold
75.0% Pure · Premium luxury jewelry standard
91.7% – 99.9% Pure · High-purity coins & bullion
Grams, DWT, Troy Oz, Grains & Milligrams
Rings, chains, bracelets & damaged jewelry
Sovereigns, Eagles, Krugerrands & Maples
1/20 GF & 1/10 GF layer weight ratios
Real-time market spot rates & refiner margins
Scrap gold spot rates update continuously during global commodity market trading hours (Sunday 6:00 PM ET through Friday 5:00 PM ET).
Spot price is the raw 24K wholesale benchmark; payout price is net cash paid after buyer fees and margins (typically 5% to 25% below spot).
Precious metal refiners pay 85–97% of melt value, online buyers pay 80–90%, coin shops pay 80–90%, and pawn shops pay 50–75%.
Yes, major online refiners offer rate locks valid for 2 to 5 business days upon submitting shipping forms.
Spot prices are benchmarked in USD; our calculator converts rates live to CAD, AUD, GBP, EUR, and INR.
Common fees include assay fees ($20–$50 flat), melt loss (1–2%), refining percentages (2–5%), and payment wire fees.
Pure gold weight × spot price ÷ 31.1035 × payout percentage minus flat fees.