22K scrap gold calculator

Identify 22K before weighing

22K gold contains 22 parts gold out of 24, or 91.67%. It is often called "916 gold" after its hallmark and is the standard for wedding and festive jewellery in India, the Gulf states and many Asian markets. The common marks are 916, 22K, 22ct and, in India, the BIS hallmark with a 22K916 grade. Gold Eagles and sovereigns carry no fineness stamp but are known to be 22K. Read the complete stamp: a plated or filled qualifier means the full weight cannot be valued as a solid 22K alloy. A worn mark is not a laboratory result. If the construction is unclear, ask for appropriate professional testing before relying on a calculation.

Use net metal weight, not the whole object

22K is soft enough to keep a rich colour yet durable enough for bangles, chains and necklaces that are worn occasionally. Historic British sovereigns and American Gold Eagles are also struck in 22K. Stones, watch movements and unrelated steel parts contribute gross weight without adding the same gold content. Keep each purity in a separate group. If you have a mixed lot, use the main scrap calculator to add individual lines instead of applying 22K to everything. Record the scale unit and its precision; grams and pennyweights are not interchangeable.

How this 22K calculator works

The nominal factor is 0.9167, so each net gram contains about 91.67% gold. We divide the fine-gold spot ounce by 31.1034768, multiply by your weight and then by this factor. A common 916 stamp and an exact karat fraction can differ slightly; for a binding settlement, an accepted assay is more precise. The default payout is 100%, which displays metal reference rather than predicting a buyer's offer.

Compare offers without guessing a standard percentage

Change the payout field to a percentage you are considering. It is your assumption, not a rate measured from dealers. Request the final net payment, accepted grams, tested purity and all fees from the buyer. Jewellers may add separately quoted making charges on 22K jewellery. When you sell, those charges are not refunded — only the gold content is paid, so the per-gram melt value on this page is the right benchmark. Jewelry with a desirable maker or intact stones may be better sold second-hand, so investigate that route before authorizing melting or destructive testing.

Practical checks for a 22K sale

Photograph the marks and item, weigh it with suitable precision and keep purchase or inheritance records where available. Compare written offers made at a similar quote time. A pawn loan is not a sale: its interest, redemption charges and deadline need separate assessment. Taxes depend on location and circumstances; the reference is not a tax-inclusive retail price or financial advice. Live responses are cached for five minutes, and the timestamp—not the page refresh—is the freshness check.

22K gold price per gram and unit tables · How to sell gold · Read gold hallmarks