Gold Scrap Calculator

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A scrap gold calculator breaks down the Karats of gold according to the current spot or market price. It most commonly uses the New York, or London market prices for it reference. After determining the Karat(s) of the scrap gold which could be 8k, 10K, 12K, 14K, 16K, 18K, 20K, 22K, and 24K, the scrap gold calculator, will determine the value of the scrap gold. There is 1.6667 % pure gold in 1karat gold and approximately 41.66 % pure in 10k gold, 18k is 75% pure gold and so on.

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Get the complete breakdown and FACTS: Troy Pound, Troy Ounce, Conversion Formulas, pennyweight (dwt), Grams, Gram-Calorie (mean), Grains, Dram or Drachm, Momme, Imperial System.

One of the most useful ways to calculate your gold's value is to use the precious metals Gold Calculator that is available on Goldcalculator.com. It calculates the value using the current price of the metal you are interested in.

Purity: The purity of gold articles may be described in three ways:

• Karat - meaning parts of gold per 24
• Percent - meaning parts of gold per 100
• Fineness - meaning parts of gold per 1,000 (European System)

Karat System	Percentage of Gold	European System
24 Karat	100%	1000 Fine
22 Karat	91.7%	917 Fine
18 Karat	75.0%	750 Fine
14 Karat	58.3%	583 Fine
10 Karat	41.6%	416 Fine

Legal Minimum: 10k gold is the minimum amount of gold that a product can be composed of and carry the label "gold", according to the U.S. Federal Trade Commission Guides to the Jewelry Industry.
In France, Italy and Switzerland, 18k is the lowest permissible standard to be called gold. England accepts 9k gold, while in some ocuntries of the world, 8k is the legal minimum standard.
Jewellery Alloys: Au Gold, Ag Silver, Cu Copper, Zn Zinc, Ni Nickel, Ti Titanium, Pd Palladium, Fe Iron, Si Silicon, B Boron and Co Cobalt.
Colors of Gold: A mixture of silver and copper in the gold will highlight its colour. Too much silver will give a green tinge. Green is the opposite colour to gold on the colour spectrum and collectively large amounts of gold will give off a green aura. Too much copper will give a red tinge (rose gold) and the addition of even a little Nickel will overpower the colour of gold to silver, hence white gold is made.

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Gold Calculator Team