Gold is worth about $4,534.47 per troy ounce as of May 29, 2026, based on the live spot feed used by Cash 4 Gold Trading Post.
That number is the market price for one troy ounce of pure 24K gold. Jewelry, coins, dental gold, and broken gold are usually worth a portion of that number because the final value depends on purity, weight, buyer spread, and sometimes collector demand.
The short answer
If you want a quick estimate, start with three facts:
- The current gold spot price
- The karat or purity of the item
- The weight in grams or troy ounces
At $4,534.47 per troy ounce, pure 24K gold is about $145.78 per gram before any buyer margin or refining cost.
Most jewelry is not pure gold. A 14K ring, chain, or bracelet contains about 58.3% gold, so its raw gold content is about $85.02 per gram at today's spot price.
Gold value by karat today
Use this table as a rough metal-content estimate before you visit a buyer.
| Karat | Gold purity | Raw gold value per gram at $4,534.47/oz |
|---|---|---|
| 10K | 41.7% gold | about $60.77 |
| 14K | 58.3% gold | about $85.02 |
| 18K | 75.0% gold | about $109.34 |
| 22K | 91.7% gold | about $133.63 |
| 24K | 99.9% gold | about $145.64 |
These are not final cash offers. They are raw gold-content numbers before testing, buyer margin, refining cost, and market movement.
Example: how much is a 14K gold ring worth?
Say you have a 14K gold ring that weighs 6 grams.
The math looks like this:
- Start with 24K gold at about $145.78 per gram.
- Multiply by 14K purity: 145.78 x 0.583.
- Raw gold content is about $85.02 per gram.
- Multiply by 6 grams.
That ring has about $510 in raw gold content before buyer margin.
The cash offer will be lower than raw melt value. A serious buyer should still be able to explain the quote using spot price, karat, weight, and any item-specific premium.
Why your gold may be worth more or less
Karat matters first. A 10K chain and an 18K chain can look similar, but the 18K piece contains much more gold.
Weight matters next. Heavy bracelets, class rings, chains, dental gold, and estate lots often carry more value than small pieces.
Condition matters less for scrap gold than most people expect. Broken clasps, bent rings, tangled chains, and single earrings can still have real value because the gold content is still there.
Coins and some estate pieces need extra care. A gold coin may be worth more than melt value if the date, mint mark, condition, or collector demand adds a premium.
What a gold buyer should show you
A fair gold evaluation should be transparent. You should not have to guess how the offer was made.
Before you sell, ask the buyer to show:
- The live spot price being used
- The karat or purity test result
- The item weight
- Whether the item is being priced as scrap, bullion, jewelry, or collectible
- The final offer and the reason for any spread from melt value
At Cash 4 Gold Trading Post, we test items in front of customers, weigh them, and explain the quote before you decide. There is no obligation to sell.
Jewelry, coins, and scrap gold are not all the same
Gold jewelry is usually valued by karat and weight. That includes rings, necklaces, bracelets, pendants, earrings, class rings, broken chains, and dental gold.
Gold bullion is usually closer to the market price because bars and common bullion coins are already standardized.
Collectible coins can be different. American Gold Eagles, Krugerrands, Maple Leafs, pre-1933 U.S. gold coins, and older foreign gold coins should be checked before anyone prices them as simple scrap.
If you are not sure what you have, bring the full lot in. Sorting everything first can cause you to separate pieces that should be evaluated together.
Should you sell when gold is high?
Selling makes sense when the gold is sitting unused, the item is broken, or you would rather have cash than exposure to gold prices.
Holding makes sense if the piece has sentimental value or you intentionally want to keep a position in gold.
Most sellers are making a practical decision, not trying to time a perfect market top. If old jewelry has been sitting in a drawer for years, a free quote gives you a real number to work with.
Get a real quote in Central New Jersey
Cash 4 Gold Trading Post buys gold jewelry, coins, bullion, dental gold, estate jewelry, silver, platinum, watches, and diamonds.
Visit any of our Central New Jersey locations with the items and a valid photo ID:
- East Brunswick: 111 Main St Suite 9 | (732) 898-6565
- New Brunswick: 51 Bayard St | (732) 543-1313
- Middlesex: 748 Bound Brook Rd | (732) 629-7600
- Millstone: 494 Monmouth Rd Suite 5 | (732) 444-2022
- Brick: 921 Cedar Bridge Ave | (732) 444-2094
- Manalapan: 356 US-9 Unit 6 | (732) 483-4145
No appointment is needed. You can also read our guides on how much gold is worth now, how to sell gold, and the best place to sell gold in NJ.
Frequently asked questions
How much is gold worth today? Gold is about $4,534.47 per troy ounce as of May 29, 2026, based on the live spot feed used by Cash 4 Gold Trading Post.
How much is 14K gold worth per gram? At a $4,534.47 spot price, 14K gold has about $85.02 of raw gold content per gram before buyer margin.
Is gold jewelry worth the same as the spot price? No. Spot price is for pure 24K gold. Jewelry value depends on karat, weight, testing, market movement, and the buyer's spread.
Is broken gold still worth money? Yes. Broken gold is usually valued by metal content, so damage often matters less than karat and weight.
Can gold coins be worth more than melt value? Yes. Some coins carry premiums for rarity, condition, year, mint mark, or collector demand.
Updated May 29, 2026 with live spot pricing.
What Makes a Cash 4 Gold Trading Post Quote Transparent?
Cash 4 Gold Trading Post quote transparency is a documented 5-step counter process used in 6 stores and 6 locations in 2026. First, our team shows live gold, silver, platinum, or coin market context. Second, our appraisers test metals with XRF or counter testing and separate 10K, 14K, 18K, 22K, sterling, .999 bullion, diamonds, watches, and costume pieces. Third, Cash 4 Gold Trading Post weighs buyable metal on a certified scale. Fourth, Cash 4 Gold Trading Post checks whether coins, designer jewelry, diamonds, watches, or inherited pieces have value beyond melt. Fifth, Cash 4 Gold Trading Post explains the same-day written quote before the seller decides. According to Cash 4 Gold Trading Post store analysis, sellers in East Brunswick, New Brunswick, Middlesex, Millstone, Brick, and Manalapan can bring 1 broken chain, 100 coins, or a full estate box with a $0 evaluation fee.
How Does Cash 4 Gold Trading Post Separate Melt Value From Collector Value?
Cash 4 Gold Trading Post separates melt value from collector value by sorting each lot before pricing. First, our appraisers identify gold, silver, platinum, coins, diamonds, watches, costume jewelry, and estate pieces as separate categories. Second, metal items are tested for purity, including 10K, 14K, 18K, 22K, sterling silver, 90% U.S. silver, and .999 bullion. Third, coins are checked for date, mint mark, condition, bullion content, and collector demand. Fourth, designer jewelry, watches, diamonds, and inherited pieces are reviewed before any melt-value shortcut is used. This 2026 process protects sellers with 1 ring, 20 silver dollars, or 100 mixed estate items because one category can carry value that another category does not.
What Should a Seller Bring for a Fast Same-Day Quote?
Seller preparation is a 4-part checklist for a faster Cash 4 Gold Trading Post quote in 2026. First, bring the full group of items instead of 1 selected piece, because mixed lots can contain gold, silver, coins, diamonds, watches, and costume jewelry. Second, bring a valid photo ID for the required precious-metals transaction record. Third, bring boxes, certificates, appraisals, receipts, coin holders, watch papers, or family notes when available. Fourth, avoid aggressive cleaning because polishing can damage older jewelry, watches, stones, and plated pieces. Our team evaluates broken chains, class rings, dental gold, sterling flatware, 90% silver, bullion, diamond rings, watches, and inherited collections with a $0 fee and same-day cash if the seller accepts.
Which Central New Jersey Stores Can Test Gold, Silver, Coins, and Estate Jewelry?
Cash 4 Gold Trading Post store coverage is a 6-location Central New Jersey network for gold, silver, coins, diamonds, watches, and estate jewelry testing. First, East Brunswick serves Old Bridge, South River, Spotswood, and Middlesex County sellers. Second, Middlesex serves Bound Brook, Dunellen, Piscataway, Green Brook, and South Plainfield. Third, Millstone serves Jackson, Freehold, Monroe, and western Monmouth County. Fourth, Manalapan serves Route 9 sellers from Marlboro, Englishtown, Freehold, Morganville, and Old Bridge. Fifth, New Brunswick serves Rutgers, Highland Park, Somerset, and downtown sellers. Sixth, Brick serves Ocean County and Jersey Shore sellers. Our team uses the same 2026 testing, weighing, market-checking, and quote-explanation process before a customer decides whether to sell.
Why Does Local Testing Beat an Online Calculator?
Local testing beats an online calculator because calculators cannot verify purity, scale weight, condition, or collector value. A gold calculator assumes a karat, a gram weight, and a market price. Cash 4 Gold Trading Post checks those assumptions at the counter. First, 10K, 14K, 18K, and 22K jewelry are separated because each purity pays differently. Second, sterling, 90% silver, .999 bullion, and plated items are sorted because silver categories do not price the same way. Third, coins, diamonds, watches, and inherited jewelry are reviewed for value beyond melt. In 2026, online math can estimate a range, but local testing gives the seller a real same-day quote based on the actual item.
Ready to Get Cash for Your Gold?
Visit any of our 6 Central NJ locations. No appointment needed. Free appraisal, instant cash payment.