What Is Scrap Gold Worth? Per-Gram Payouts for Every Karat

Scrap Gold Value by Karat

Scrap gold prices depend on the live gold spot price, karat purity, and weight. Calculate melt value by dividing the spot price per troy ounce by 31.1035, then multiplying by the gold’s purity and weight in grams. Buyers pay a percentage of this melt value, not the full amount, to cover refining, testing, and business costs.

Why Is The Price Of Gold Rising? What Moves Gold In 2026

Gold’s 2026 Rise Explained

Gold prices are climbing due to record central bank purchasing, falling real interest rates, a weakening United States dollar, and heightened safe-haven demand stemming from global economic and geopolitical uncertainty. Combined with steady investor and ETF inflows, these factors create strong upward momentum across international precious metals markets.

22k vs 24k Gold: Which Is Better for Jewellery and Resale?

22k vs 24k Gold: Which Is Better for Jewellery and Resale?

In the comparison of 22k vs 24k gold, 22k gold (91.6% pure) is harder and far better for wearable, daily-use jewellery due to added alloy metals. Conversely, 24k gold (99.9% pure) is softer and easily scratched, but it liquidates more seamlessly for resale and investment because it represents pure bullion weight.

Online vs. Local Gold Buyers in Ontario: Which Pays More?

Online vs. Local Gold Buyers in Ontario

Online vs local gold buyers in Ontario can leave you with different net payouts for the same gold. Spot gold reached a record intraday high in January 2026, so even a small difference in a buyer’s rate can change the amount you receive by hundreds of dollars on a larger sale.   If you are […]

How Much Is 5 Grams of Gold Worth? Small-Bar Value Explained

5 grams of 24k gold is worth about US$705 (roughly CAD$988) at a spot price near US$4,389/oz, calculated as spot ÷ 31.1035 × 5. Lower purity drops that sharply, with 14k (58.5% pure) worth closer to US$413. The figure shifts daily with gold prices and the USD/CAD rate, and you’ll pay a premium above spot to buy or receive below spot to sell.

How Many Grams in an Ounce of Gold? A Simple Weight Guide

1 Ounce of Gold in Grams
1 oz of gold in grams = 31.1034768 grams, or about 31.1 grams.
The reverse conversion is also useful: 1 gram of gold equals about 0.0321507 troy ounces. Gold, silver, platinum, and palladium are commonly traded and priced using troy ounces. According to official metrology standards published by minting authorities like the Royal Canadian Mint, one troy ounce is legally defined as exactly 31.1034768 grams.