Get your Scrap Gold Price UK Estimate
Our Scrap Gold Price Calculator updates every few minutes, ensuring you receive an accurate valuation at the time of sale. It factors in all processing costs, providing a precise payout amount. Linked to the Live UK Gold Price (GBP), our calculator gives you a reliable estimate based on real-time market rates.
Estimate your gold value
Enter the weight and carat to see an indicative value in pounds sterling.
Live Scrap Gold Price UK
Our live scrap gold price calculator gives you an indicative value based on the weight and carat you enter. Add your gold’s weight in grams to see an estimate. Your final offer may differ after we assess the items’ weight and purity.
| Carat | Purity | Price per gram |
|---|---|---|
| 9ct | 37.5% | £38.02 |
| 14ct | 58.3% | £59.15 |
| 18ct | 75.0% | £76.05 |
| 22ct | 91.7% | £92.95 |
| 24ct | 100.0% | £101.40 |
*We estimate your gold’s value using the current spot market price, its total weight and its quality.
If you’re selling 9ct jewellery, check our 9ct gold price per gram and use the calculator to estimate its value.
Sell your gold online quickly or check the latest gold prices with ease — download the Sell My Gold app for your Apple or Android device today!
Looking to sell your gold?
Then utilise our automated form to obtain an estimated gold selling price for your gold based on current market conditions. Our system will automatically calculate the potential value of your gold before you decide to sell it.
If you’re contemplating selling your gold, it’s crucial to stay well-informed about prevailing market prices to ensure a fair and accurate valuation. Our user-friendly online tool, the “Price Calculator,” helps you make an informed decision. With just a few straightforward steps, you can acquire an estimate of the selling price for your gold items, making the selling process transparent and hassle-free.
Utilising our Scrap Gold UK Gold Price Calculator
Complete our automated form with the estimated weight and purity of your gold. Using our advanced algorithm and current market prices, we will then swiftly and precisely calculate the potential amount you might receive for your gold should you choose to sell it. This information equips you with valuable insights. It enables you to assess your options and make the best decision according to your specific circumstances.
We recognise that selling gold can be a significant decision. This is true whether you’re parting with jewellery, coins, or other gold items. By using our Gold Price Calculator, you can eliminate uncertainty and gain confidence in your selling process. Our tool keeps you updated on the latest market prices. It ensures you receive a competitive offer for your precious metals.
Our commitment to transparency and customer satisfaction sets us apart. We offer a reliable and convenient platform for accessing real-time gold price estimates. Whether you’re selling gold as part of a financial strategy or simply need some extra cash, our Gold Price Calculator provides the knowledge you need to make informed choices.
In addition to our Gold Price Calculator, we provide various resources and expert guidance. These help you navigate the gold-selling process successfully. You can trust us to offer the most up-to-date and accurate information. This allows you to confidently sell your gold at a fair price.
Modern Methods for Testing Gold and Jewellery Purity
Traditionally, jewellers have assessed gold purity using filing and acid tests. This process involves scratching the surface of the gold and applying a small amount of acid to the mark. The reaction of the acid varies depending on the gold’s purity, whether it is 9-carat, 18-carat, or 22-carat.
However, this technique can be both time-consuming and potentially harmful to the jewellery. Fortunately, advancements in technology have introduced more precise and non-destructive alternatives for assessing gold purity.
One widely used modern method is X-ray fluorescence (XRF) testing. This approach employs a handheld device that directs low-energy X-rays into the metal. In response, the material’s atoms emit unique radiation patterns, allowing the device to accurately determine the gold content based on the emitted X-ray signatures.
Another innovative technique is ultrasound testing, which evaluates the material’s density. Since gold is a particularly dense metal, any material with a lower density is unlikely to be pure gold. This method, along with X-ray testing, provides reliable results without damaging the item.
Although jewellers still use traditional acid testing, newer technologies such as XRF and ultrasound testing offer more accurate, efficient and jewellery-friendly alternatives for assessing gold purity.
What affects your scrap gold price?
The value of scrap gold depends on its purity, the weight of the gold alloy and the buying rate the buyer offers. Start by separating items with different purity marks. For example, a 375 mark indicates 9ct gold, while 750 indicates 18ct gold. Calculate these items separately because they contain different proportions of pure gold.
Use the rate for your item’s carat when estimating its value. A rate specifically for 9ct gold already includes the purity adjustment, so you should not multiply the result by 37.5% again.
Stones, watch movements and other non-gold components can add weight without adding gold value. A household scale can provide a starting estimate, but it may not measure small items accurately.
When comparing scrap gold quotes, check whether each figure represents an indicative metal value or the amount the buyer expects to pay. Also check when the buyer last updated the rate and whether any deductions apply. This helps you compare offers on the same basis.
Make a wise decision when selling your gold
Try our Gold Price Calculator today and take the initial step towards achieving your financial objectives.
To sell your gold, fill in our gold selling form or contact us.
World market prices can be found at goldprice.org.
