Scrap and jewelry value
22k gold price today
Twenty-two karat is the traditional purity of South Asian and Middle Eastern jewelry, and of two of the most traded gold coins in the world.
Melt value per gram
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22k gold · .9167 fine
- Fineness
- .9167
- Also stamped
- 916, 917
- Gold spot
- —
- Per troy ounce
- —
The gold price shown was recorded when this page was published. Figures calculated from it appear once the live price loads, so nothing here is worked out from a number the market may have left behind.
What you will actually be offered
Weigh only the gold. Stones, clasps and any other metal are deducted — a refiner pays for metal content, not for the piece.
Melt value
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Refiner or mail-in buyer80–90% of melt
—
Local jeweler60–75% of melt
—
Pawn shop40–60% of melt
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Per 10 g of 22k gold. Melt is a ceiling, not a price — it is the metal content before any buyer’s margin, refining loss or handling. We do not collect scrap buy-back prices from anyone; these ranges are typical of the US market and are guidance, not quotes. Get more than one offer.
Common weights
| Weight | Melt value | Refiner or mail-in buyer (80–90%) | Pawn shop (40–60%) |
|---|---|---|---|
| 1 gA thin ring | — | — | — |
| 5 gA wedding band | — | — | — |
| 10 gA light chain | — | — | — |
| 20 gA heavy chain | — | — | — |
| 1 oztA troy ounce | — | — | — |
Before you sell
A 22k bullion coin is worth far more than its melt value, because it sells as a coin. Never scrap a Krugerrand or a Gold Eagle: compare dealer buy-backs first.
Weigh everything yourself before you go, and get more than one offer. The spread between a refiner and a pawn counter on the same piece is routinely larger than the entire premium difference this site tracks between bullion dealers.
How this is calculated
Grams ÷ 31.1035 × .9167 × the live gold spot price. Nothing is rounded until it is displayed, and no figure is shown at all when spot is unavailable or the feed is delayed.
Karat is a fraction of 24, so 22k is 22 parts gold to 2 parts other metal. It is a gold measure only — silver is never described in karats.
Common questions
- How much gold is in 22k gold?
- 22k is 22 parts gold to 2 parts other metal — a fineness of .9167. Its melt value is that fraction of what the same weight of pure gold would be worth. The same grade is stamped 916 or 917 on European pieces.
- Will a buyer pay me the melt value of my 22k gold?
- No. Melt value is the ceiling, not the offer. A refiner or mail-in buyer typically pays 80–90% of melt, a jeweller less, and a pawn counter considerably less again — they carry the refining cost and the price risk in between. Getting more than one quote usually moves the number further than shopping the spot price ever could.
- How do I weigh 22k gold correctly?
- Weigh the metal only. Stones, clasps and any non-gold parts are deducted, because a refiner pays for metal content and not for the piece. Use a scale that reads grams, and remember that a kitchen scale's ounce is 28.35 grams, not the 31.1035 gram troy ounce gold is priced in.