Scrap Gold Price UK

Live Scrap Gold Price UK per Gram

Check the indicative scrap gold price UK table below to compare gold values by carat. Then use the calculator to estimate your items’ value from their weight and purity. Your final offer depends on our assessment and buying rate.

The table shows market-based figures and caches its data for ten minutes. Therefore, check the displayed update time when comparing rates. These figures provide a reference rather than a guaranteed payment for your jewellery.

Scrap Gold Price Calculator

Using the Scrap Gold Price Calculator

Enter your gold alloy’s weight in grams and choose the matching carat. For example, calculate a 9ct chain separately from an 18ct ring. The calculator and table use the same checked rates for each carat.

If you do not know the purity, ask for an assessment before relying on a result. Also, exclude stones and other non-gold parts when you know their weight. An estimate cannot confirm the composition of an item remotely.

What Counts as Scrap Gold?

Scrap gold includes unwanted items that a buyer values mainly for their recoverable gold content. For example, you might have a broken necklace, an odd earring or a damaged ring. These pieces can retain metal value even when you cannot wear them.

However, “scrap” describes a selling route rather than a particular purity. A broken 18ct ring still contains a different proportion of gold from a broken 9ct ring. Therefore, use the correct rate for each group when checking the scrap gold price UK.

Before treating a piece as scrap, consider whether it has designer, antique or collectable value. A specialist resale valuation may help you compare your options. Our guide to items we accept explains the different types of gold you can send.

How to Calculate Scrap Gold Value

Start with the weight of the gold alloy and the rate for its carat. Then multiply those figures to obtain an estimate. Make sure the rate uses grams rather than ounces.

Estimated value = eligible gold alloy weight in grams × rate per gram for that carat

For example, a hypothetical rate of £30 per gram gives an estimate of £300 for 10 grams of 9ct gold alloy. This example explains the calculation only. It does not represent today’s rate or a promised payment.

A carat-specific rate already allows for gold purity. Therefore, do not multiply a 9ct estimate by 37.5% again. Doing so would count the same adjustment twice and make the estimate too low.

Compare the Scrap Gold Price UK by Carat

Different carats contain different proportions of gold. For instance, 9ct gold contains 37.5% gold, while 18ct gold contains 75%. As a result, equal weights can have different metal values.

First, look for readable marks on your items. A 375 mark indicates 9ct fineness, while 750 indicates 18ct. However, a worn or unclear stamp needs further assessment. For background, read the British Hallmarking Council’s consumer guide.

Next, check the relevant 9ct rates or 18ct rates for your jewellery. Keep different purities separate in your calculations. Otherwise, applying one rate to a mixed collection could overstate or understate its value.

Which Weight Should You Enter?

The scrap gold price UK per gram applies to the eligible gold alloy. It does not automatically apply to the whole weight of every item. Stones, watch movements and non-gold fittings can add weight without adding gold value.

For example, a stone-set ring needs a different assessment from a plain wedding band. Similarly, a gold watch may contain several non-gold components. Ask which weight the buyer uses and how it differs from your home measurement.

Household scales can provide a rough starting point, but small items may fall below their useful measuring range. Therefore, treat your reading as an estimate. Keep pieces intact and let an assessor explain any adjustment for stones or other parts.

Why an Estimate Can Differ from Your Offer

A market benchmark and a buyer’s offer serve different purposes. The benchmark helps explain the value of gold in the wider market. By contrast, a buying rate reflects the terms under which a business purchases your items.

When comparing the scrap gold price UK, first check what each advertised figure represents. Then ask about the assessed weight, purity and any deductions. A clear breakdown makes the proposed payment easier to understand.

Prices can also move between your online estimate and the assessment. In addition, testing may reveal a different purity from the one you selected. Ask us to explain any difference before you decide whether to accept an offer.

Preparing Your Items for Assessment

First, make a simple list of the pieces you want to value. Next, keep any information about their purity or previous assessments with your notes. You can also take photographs to record what you plan to send.

Our team checks the items before making an offer. Read about our gold testing service if you want to understand the assessment. Also, ask about the testing method if preserving an item’s appearance matters to you.

For a postal valuation, follow the pack’s instructions and check the insurance arrangements for your parcel. Keep the tracking details until the process finishes. These steps help you manage the sale alongside checking the scrap gold price UK.

Review the Offer and Payment Terms

Compare the complete offer before deciding to sell. In particular, check the following details:

• The carat and eligible weight for each group of items.
• The buying rate per gram and total payment.
• Any fees or deductions and how long the offer remains available.
• The payment method and return arrangements.

Moonstone Gold makes an immediate bank payment after you accept the offer. If you decline, we return your items free of charge. Therefore, you can review the valuation before making your decision.

For the next steps, visit our scrap gold selling service. Alternatively, contact our team if you need help with an item or the postal process.

Check Prices Again When You Need Them

You can revisit the scrap gold price UK table before requesting a valuation. Use the same weight and purity when comparing estimates over time. That way, a change in your inputs will not look like a change in the market.

You can also access gold-price information through the Sell My Gold app for Apple devices or Android devices. However, neither an app estimate nor a price table replaces an assessment of the actual items.