Scrap Gold Calculator
Enter your jewelry details to find the gold melt value at today's live price.
How to Use This Calculator
- Weigh your gold item on a digital scale. Kitchen scales are accurate enough for estimation.
- Check the karat stamp on your jewelry — usually engraved as 24K, 22K, 21K, or 18K (or 750, 916, 875, 999 in millesimal fineness).
- Enter the weight, select the unit and karat, then choose your currency.
- The result is the melt value — what the pure gold content is worth at today's live price.
Note: Dealers typically offer 70–90% of melt value to cover refining costs and profit margin. The higher the offer, the better the deal.
Live Reference Prices – NGN
| Karat | / Grams | / Tola | / Troy Ounce | / Kilograms |
|---|---|---|---|---|
| 24K | ₦206,379.15 | ₦2,407,165.19 | ₦6,419,114.05 | ₦206,379,154.99 |
| 22K | ₦189,187.77 | ₦2,206,648.33 | ₦5,884,401.85 | ₦189,187,771.38 |
| 21K | ₦180,581.76 | ₦2,106,269.54 | ₦5,616,724.79 | ₦180,581,760.62 |
| 18K | ₦154,784.37 | ₦1,805,373.89 | ₦4,814,335.54 | ₦154,784,366.24 |
Free Gold Calculators
Calculate the melt value of your jewelry or track your investment return at today's live prices.