Melt Value Calculators

Know what the metal is worth.

Gold Tracker's built-in calculators give you the melt value of any gold, silver, platinum, or palladium item in seconds. Pick a purity, enter a weight, and get a live answer based on the current spot price. It is the most comprehensive melt value calculator on iPhone, built for pawn shops, gold buyers, jewelers, and collectors who need fast, accurate numbers.

Gold Melt Value: Every Karat, Any Weight

The gold calculator supports 11 standard karat purities: 8K, 9K, 10K, 11K, 12K, 14K, 18K, 21K, 21.6K, 22K, and 24K. Select the karat, enter the weight, and the app calculates the melt value instantly against the live gold spot price.

This is the calculation that matters most when you're evaluating scrap gold, estate jewelry, or any item sold by weight rather than brand name. A customer walks in with a 14K chain that weighs 4 grams. You select 14K, enter 4 g, and the melt value is on screen before the conversation moves forward:

Example: 4 grams converts to 0.1286 troy ounces. At 14K purity (58.33%), that works out to 0.0750 troy ounces of pure gold. At a $2,000 spot price, the melt value is $150.02.

Gold Tracker does this math for you instantly. Change the karat to 10K or 18K and the number updates immediately. If gold moves $20 while you're mid-negotiation, the result reflects that in real time.

The calculator supports eight weight units: troy ounces, grams, kilograms, pennyweights, carats, grains, avoirdupois ounces, and troy pounds. Pennyweight support is particularly important for the jewelry and pawn trade, where most scales read in dwt. You don't have to convert to troy ounces first. Just enter the number your scale shows.

You can also choose how spot price is applied: use the current bid price, ask price, or enter a custom price manually. This is useful when you're calculating based on a specific dealer quote or a price you locked in earlier.

Gold Tracker gold melt value calculator — karat selector, weight entry, and live spot price
Gold Tracker silver melt value calculator showing purity selector and live spot price

More Than Gold, Still Focused

Gold gets most of the attention, but silver, platinum, and palladium each have their own dedicated calculators in Gold Tracker.

Gold through 24K Custom silver purity Bid, ask, or custom

The silver calculator supports 11 standard purities: .400, .600, .750, .800, .830, .835, .875, .900, .925, .950, and .999, plus custom purity entry for non-standard alloys. If you work with junk silver, buying bags of pre-'65 quarters or Mercury dimes, weigh a batch and get the melt value at .900 purity in one step. Sterling flatware? Switch to .925. European silver at .800 or .835? It's there. The app covers the purities that actually show up in the real world, not just the common three or four.

The platinum calculator supports .900, .950, and pure (1.000) purities. The palladium calculator supports the same. If you need to know what platinum catalytic converters, palladium scrap, or PGM bullion are worth, the calculator handles it.

All four calculators support the same eight weight units and all four update against live spot prices in any of 157 currencies. Troy ounces in USD, grams in EUR, pennyweights in GBP. You choose. The currency and unit you set in the app carry over to the calculator automatically.

Gold Tracker has been used by pawn brokers, jewelry stores, and precious metals dealers since 2015. The design stays fast and practical at the counter:

  • Pennyweight-native. Most jewelry scales read in pennyweights. Enter dwt directly with no conversion to troy ounces required.
  • Fast karat switching. Tap to select any karat from 8K to 24K. When you're sorting a bag of mixed-karat scrap, speed matters.
  • Bid, ask, or custom pricing. Calculate against the live bid price, the ask price, or enter a custom price for quoting specific deals.
  • Live spot, not yesterday's close. The calculator uses real-time spot prices. When gold moves $50 in a session, your melt values move with it.
  • Clean and focused. Open the app, tap the calculator, get your number. No ads, no account required, nothing between you and the answer.

Whether you're buying scrap gold at a pawn shop counter, appraising estate jewelry, or checking the melt value of coins in your own collection, the calculators give you a fast, trustworthy answer grounded in the live market.

Collectors and investors love Gold Tracker.

Real reviews from real users.

Many uses

2021 gordo 187

Pawn broker here and this app is a must have. Percentages, karat values and more. If you deal in precious metals this is for you.

Best precious metals tracker app I've used

Dec 6, 2025 Tremendous lee

I really enjoy this app and how easy it is to use. I really like all the functions this app has, like a metal calculator to figure out scrap price. Being able to keep track of my inventory purchases and sales. I would highly recommend this app to friends and family.

Does what I need

2024 HugMunFen

Great for tracking current and historical precious metals prices. Simple and straightforward.

Synchronizes flawlessly

Apr 2, 2026 ray2956

This updated version synchronizes flawlessly. The app itself is unique, in that one is able to enter purchase and sales with ease, and keeps accurate records of the metals inventory. After searching the App Store numerous times, I found NO OTHER APP that fulfills all of these requirements. Kudos to the developer.

For physical metals owners, not collectors

2024 allegropman

I just open the app and see the value. Not complicated or overloaded with features I don't need. Perfect for someone who just wants to know what their stack is worth.

Great for purchases and sales

Mar 27, 2026 Mikey Geester

This app is great and allows to keep track of purchases and sells and profit and losses. Would recommend.

Wow! Perfect app

Jan 28, 2026 Kc7zoe

I never write reviews, but was just so happy with this app. Options for everything! Easy to navigate and free. Thank you developer!

Try it for yourself.

Download Gold Tracker free for iPhone and iPad.

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