Guide

How to Sell Gold

Selling gold is simple once you know what it's worth. Use these six tips to walk into any buyer with realistic expectations.

Weigh in grams

Use a digital jewelry scale accurate to 0.01g. Most buyers price by the gram and will weigh in front of you — bring your own scale to compare.

Separate items by stamp: 24k, 22k, 18k, 14k, 10k. Mixing karats lets buyers weigh everything at the lowest purity.

Multiply weight × karat factor × current spot price per gram. Our Scrap Gold Calculator does this for you instantly.

Try a local bullion dealer, a pawn shop and an online mail-in service. Offers can vary by 20–40% for the same item.

Honest scrap buyers pay 80–95% of melt value for clean lots. Anything below 70% is a poor offer unless the item is heavily damaged.

Common scams: rigged scales, switching items, quoting per pennyweight (1.555g) instead of grams, or paying for total weight including stones.