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 | ₦186,052.08 | ₦2,170,074.22 | ₦5,786,870.79 | ₦186,052,077.50 |
| 22K | ₦170,553.94 | ₦1,989,307.04 | ₦5,304,824.46 | ₦170,553,939.44 |
| 21K | ₦162,795.57 | ₦1,898,814.94 | ₦5,063,511.94 | ₦162,795,567.81 |
| 18K | ₦139,539.06 | ₦1,627,555.67 | ₦4,340,153.09 | ₦139,539,058.12 |
Free Gold Calculators
Calculate the melt value of your jewelry or track your investment return at today's live prices.