How Do You Calculate Scrap Gold Prices Per Gram?
If you’re hoping to sell scrap gold in the form of gold fillings, gold jewelry, a gold tooth, or gold extracted from an electronic device to a scrap gold buyer, then you may want to calculate scrap gold prices per gram to figure out how much you should be selling for. You can figure out the value of scrap gold using an online calculator or do the calculation manually. Learn how to find scrap gold prices per gram when you recycle scrap gold through dealers and turn it into cash. Find scrap gold prices per gram by calculating it from today’s gold price. Determine the current price of gold at Goldprice.org or any website that tracks the gold market. The price of gold fluctuates daily and is measured in troy ounces, or about 31 grams. Divide the price of gold dollar amount by 31.1035 grams and round off to the nearest cent. For example, if on a given day the current price of gold is $1000 per troy ounce, then the price per gram equals 1000 divided by 31.1035, or $32.15072. Rounded off to t