Free download: The Gold Selling Checklist — 12 things to know before you sell

Independent comparison site — We do not buy gold or diamonds. We help you find the buyer who pays the most.

FREE TOOL

Scrap Gold Calculator UK

Find out what your gold is worth based on today’s LBMA benchmark price. Enter the weight and carat to see the theoretical maximum value and a realistic payout range.

Calculate Your Gold’s Value

Theoretical Maximum (gold content at spot price) £0.00
Realistic Payout Range (85–95% of spot) £0.00 – £0.00

Gold price: £0.00/g (LBMA AM Fix, --). Updated daily by our editorial team.

How This Calculator Works

We multiply the weight of your gold by its purity (determined by the carat) and by the current LBMA benchmark gold price per gram. This gives the theoretical maximum — the absolute most your gold could be worth if it were refined at no cost.

In practice, gold buyers pay between 85% and 95% of this value. The exact payout depends on the buyer, the weight of gold being sold, the carat, and whether the items carry UK hallmarks. Our buyer comparison table shows which buyers consistently pay the highest percentages.

Important

This calculator shows the scrap gold value only. Items with collectable, antique, or designer value may be worth significantly more. Consider getting a specialist valuation before selling to a scrap buyer if your items may have additional value.

Understanding Carats

The carat number tells you the proportion of pure gold in an alloy. 24ct is pure gold (99.9%). 9ct contains 37.5% gold — the minimum legal standard for gold jewellery in the UK. Most British jewellery is 9ct or 18ct. Asian and Middle Eastern gold is typically 21ct or 22ct. Check the hallmark stamp on your item, or visit our guide to identifying gold jewellery.