Skip to content
Gold$—
Silver$—
Platinum$—
Loading…
CoinMelt
☰
CalculatorsCoinsGuidesAboutSearch

Gold Value Calculator

Enter weight and purity to get gold melt value at live spot. Works for bars, coins, and jewelry.

Reviewed October 2026 · by The CoinMelt Desk · How we calculate

Loading live price…

Weight in grams
—
Pure gold
—
troy oz
Melt value
—
Dealer payout (98% of melt)
—

Gold value formula

Pure gold (ozt) = weight (g) × (karat ÷ 24) ÷ 31.1035
Value = pure gold (ozt) × spot ($/ozt)

Common gold coin values at $4,134.80/ozt (October 2026 snapshot)

CoinGold contentPurityMelt value
1 oz Gold Eagle / Krugerrand1.000 ozt22K (0.9167)$4,134.80
1 oz Gold Buffalo1.000 ozt24K (0.9999)$4,134.80
1/2 oz Gold Eagle0.500 ozt22K$2,067.40
1/4 oz Gold Eagle0.250 ozt22K$1,033.70
1/10 oz Gold Eagle0.100 ozt22K$413.48

All Gold Eagle and Buffalo coins contain their stated gold content by law — the gross weight is higher to account for the alloy. One troy oz of gold is always 1 troy oz of gold in these coins.

Frequently asked questions

What is the spot price of gold?+

Gold spot price is the current market price for one troy ounce of pure (24K/999) gold, set by continuous trading on commodity exchanges. It changes every second during market hours.

How many grams is 1 troy oz of gold?+

1 troy oz = 31.1035 grams. This is a fixed conversion (NIST standard). All precious metal spot prices use troy ounces.

What is the melt value of a 1 oz Gold Eagle?+

An American Gold Eagle contains exactly 1.000 troy oz of gold regardless of its 33.93g gross weight. At $4,134.80/ozt (October 2026 snapshot), the melt value is $4,134.80.

Is melt value the same as what a coin shop pays for gold?+

No. Gold bullion dealers typically pay 97–99% of spot melt for recognized bullion coins (Gold Eagle, Maple, Krugerrand). Scrap gold and jewelry buyers pay 70–90% of melt. The dealer payout field in this calculator helps you compare.

Guides for this calculator

Gold Eagle vs. Gold Buffalo: Which Should You Buy?

Both contain exactly 1 troy oz of pure gold. Eagles are 22k with fractional sizes and lower premiums. Buffalos are 24k (.9999 fine) but only available in 1 oz.

How Much Gold Is in a Krugerrand?

A 1 oz Krugerrand contains exactly 1 troy ounce of gold (31.103 g) at 22K (91.67% gold). At October 2026 spot prices, the melt value is $4,134.80. See all sizes.

Pre-1933 Gold Coins: Melt Value and What They're Worth

Pre-1933 US gold coins are 90% gold. A $20 Double Eagle contains 0.9675 ozt of gold — worth $4,000 at October 2026 prices. Most are worth more as collectibles.

The Silver-to-Gold Ratio Explained

The silver-to-gold ratio is gold's spot price divided by silver's. At October 7, 2026 prices it stands at about 68:1. Learn what it means and how investors use it.

Related calculators

Silver Value Calculator

Any weight and purity of silver → melt value. Works for bars, rounds, and flatware.

Troy Ounce Converter

Convert troy oz ↔ grams ↔ pennyweight ↔ avoirdupois oz ↔ kilograms instantly.

Coin Melt Value Calculator

Add any US coins by quantity — get per-coin and total melt value at live spot.

Junk Silver Calculator

Enter face value of 90%, 40%, or 35% war nickel silver — get silver content and melt value.