Scrap gold and exchange value calculator.
Estimate fine-metal weight and a quoted exchange value after stone weight, purity and refining deductions.
Scrap gold and exchange value inputs
This is a comparison estimate using your stated purity and buyer rate. An assay, buyer policy, recovery process and live quote can change the offer.
Method: Stone weight is removed from gross weight. The remaining metal is multiplied by purity, then by the refining retention after the entered deduction and fee.
Inputs used: Gross item weight = 20 g; Non-gold stone weight = 2 g; Refining deduction = 2 %; Refining fee = 0 ₹; Buyer rate for fine gold = 5,500 ₹/g
Assumptions: The result uses the values, units and options shown in the input snapshot.
Scope and warnings: This is a comparison estimate using your stated purity and buyer rate. An assay, buyer policy, recovery process and live quote can change the offer. Rounding and excluded real-world terms can make an external result differ.
How this scrap gold and exchange value calculator works
Stone weight is removed from gross weight. The remaining metal is multiplied by purity, then by the refining retention after the entered deduction and fee.
A worked example
A 20 g item with 2 g stones and 91.6% purity starts with 16.488 g fine-gold equivalent before deductions.
Why can an offer differ from this estimate?
Buyers use assay results, their own recovery process, fee schedule and live buy rate. Treat this as a comparison worksheet, not an offer.
Calculations run on your device. Review your results before exporting or sharing them.
Remove known non-gold mass first
Stone weight should be deducted before applying fineness. If you do not know the stone mass or purity, compare several stated scenarios instead of treating an estimate as an assay.
A buyer can use a different recovery percentage, rate and fee. Use the worksheet to evaluate a quote, then ask for the test method and settlement basis.
Published by ToolMitra — methods and editorial approach.