Know the market. Understand your offer.

Gold & Silver Prices

A clear starting point for understanding what you own. Explore market prices, learn how purity affects value, and get a straightforward evaluation at Gold Kings.

The market at a glance

Gold & silver market charts.

Follow both metals in U.S. dollars per troy ounce. These market references help explain pricing; your purchase offer is determined after an evaluation.

Gold

U.S. dollars per troy ounce

XAU / USD

The gold chart loads here. You can also open it on TradingView below.

Silver

U.S. dollars per troy ounce

XAG / USD

The silver chart loads here. You can also open it on TradingView below.

Charts provided by TradingView using OANDA symbols. Check each chart’s market status and time information; updates depend on the data provider and market hours. One troy ounce is approximately 31.1035 grams. If a chart is unavailable, use its TradingView link above.

Three numbers to understand

From spot price to your offer.

01 · The market

Spot price

The market reference for the precious metal itself, usually quoted per troy ounce. It provides the starting point for understanding value.

02 · The metal content

Estimated melt value

The theoretical value of the gold or silver in an item, based on its precious-metal weight, purity, and the current market price.

03 · Your evaluation

Actual purchase offer

The amount a buyer offers for your item. Processing costs, non-metal parts, condition, and any collector or resale value can affect this figure.

Purity makes a difference

Same weight.
Different gold content.

Most gold jewelry is an alloy. An 18K chain contains more gold than a 10K chain of the same weight, so its estimated metal value is higher.

Gold karatApprox. gold content
24K99.9%
22K91.7%
21K87.5%
18K75.0%
14K58.3–58.5%
12K50.0%
10K41.7%
9K37.5%

These are common approximate purities, not current payout rates. A hallmark is a starting point; testing helps establish the actual composition. Learn about jewelry hallmarks →

How the calculation works

Understanding value
per gram.

Start with the price per troy ounce, then account for the amount of precious metal your item contains.

Estimated metal value

Spot price ÷ 31.1035
× weight in grams × purity

Use purity as a decimal: 75% = 0.75. Use the appropriate metal’s spot price and exclude stones or other non-metal components from the weight.

A simple gold-content example20 grams of gold at 58.5% purity contains approximately 11.7 grams of pure gold. Multiply that by the pure-gold price per gram to estimate its melt value. An actual offer is determined separately.

The same principle applies to silver.

Sterling silver is commonly marked 925, indicating 92.5% silver. Silver coins and bullion can have different purities, and some pieces carry value beyond their metal content.

Clear answers

Questions about
precious-metal pricing?

Understand the figures before you decide to sell.
Explore all FAQs →

How often do gold and silver prices change?

Prices can move throughout the trading day. The charts above display the market status and pricing supplied by TradingView. When markets are closed, the most recent available price may remain visible. We use the market information available at the time of your evaluation.

How much is one gram of gold worth?

Divide the gold price per troy ounce by 31.1035 to estimate the pure-gold price per gram. Then multiply by your item’s gold purity. For example, 18K gold is approximately 75% gold, so its metal value per gram is about 75% of the pure-gold figure.

Is 14K gold 58.3% or 58.5% pure?

The karat calculation, 14 ÷ 24, is approximately 58.3%. A 585 hallmark indicates 58.5% gold. Markings are a useful starting point, but the tested purity of your item is what matters for an evaluation.

Will I receive the full melt value?

Melt value is the estimated value of the precious metal contained in an item. A purchase offer also accounts for factors such as refining and processing costs, non-metal components, and the type of item. Ask us to explain the weight, purity, and final dollar amount before you decide.

Can coins or jewelry be worth more than their metal value?

Yes. Some coins, designer jewelry, and other pieces can have collector or resale value beyond their precious-metal content. Condition and demand can matter. An in-person evaluation helps establish whether an item should be valued differently from ordinary scrap.

Does Gold Kings test my items?

Yes. We use professional precious-metal testing and weighing to evaluate your items. You can watch the process and ask questions. Learn how selling your gold works before your visit.

Put a value on what you own

Get a clear, personal evaluation.

Request a free quote
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