Our free gold karat calculator is great for estimating the marketplace value of your gold. It’s simple and easy to use.

Click here to calculate gold value now, or continue reading for a few quick tips on selling your scrap gold.

Remember this: if you’re selling gold in the marketplace, you have to keep in mind that the buyer expects to to make a profit on the deal.

So, you’ll notice a difference between today’s gold price and what our calculator tells you that you can expect to make on your sale. That’s because our gold price calculator automatically factors in the buyer’s profit.

Because 24k gold prices can vary so much, our gold karat calculator doesn’t provide an estimate of that grading. It’s best to directly contact gold dealers, to get the most accurate idea of what prices you can expect. And take some time to shop around–be sure you check with more that one potential buyer, so you can get the best price.

There are simple calculations you can use to get a general idea of the marketplace 24 carat gold price. Click here to see how to do the calculations.

Also, when you’re considering selling 24 carat gold jewelery, don’t automatically consider it to be scrap gold. Especially when it comes to well-crafted gold jewelery, it may be quite valuable. Excellent craftsmanship can greatly affect the price, and so can any stones in the setting. Any stones–such as diamonds, emeralds, rubies, etc.–are valuable on their own. That means the value of the stones should be considered separately, apart from the value of the gold itself.

Most important, take the time to check with different buyers before you commit to making a sale. Used gold prices can vary greatly, even within the same town.

When you calculate gold value, know that you have to take into consideration the buyer’s profit. Also know that it’s worth your time to check with several buyers, in order to get the best value for your gold.

Click here to use our free gold karat calculator.