How to work out what your gold is worth
Three things set the value of a piece of gold:
- Purity (carat). 9ct gold is 37.5% pure; 18ct is 75%; 24ct is almost pure. The higher the carat, the more it’s worth per gram.
- Weight. Gold is priced per gram, so a heavier item is worth more — but only the gold counts, not stones or fittings.
- The price on the day. The gold price moves constantly, so valuations change day to day.
A quick estimate: weight in grams × the per-gram rate for its carat. For example, 10g of 9ct gold at the 9ct rate above gives you a rough scrap value.
Why an offer can differ from the table
These are indicative scrap values, not a quote. A buyer’s actual offer reflects testing the real purity, exact weight, their refining costs and margin, and whether a piece is worth more sold on as jewellery than melted down. That’s why it’s always worth getting more than one valuation — see our guide on choosing a trustworthy gold buyer.
Want to know what yours is worth?
Cash4 offers a free, no-obligation valuation. There’s no pressure to go ahead, and no credit check.