Gold is near 4,544 dollars per troy ounce and silver is near 77.44 dollars per troy ounce as of May 15, 2026. That is still a strong market for New Jersey sellers, even after both metals pulled back from this week's highs.
The short version: do not panic over one red day. If you have scrap silver, sterling flatware, broken gold, old coins, or jewelry you already planned to sell, the price level is still worth checking.
What changed this week
Our live metals.dev feed shows gold at 4,543.74 dollars per troy ounce and silver at 77.44 dollars per troy ounce at 5:45 AM Eastern on May 15. Gold is down about 1.2% on the 7-day feed. Silver is down about 3.9%.
That fits the Friday market scrape. The top theme across the feed was gold and silver trading near record highs, but the May 15 stories also showed a pullback as the U.S. dollar strengthened and traders cooled off after a fast run.
One Yahoo Finance story in the scrape pointed to record first-quarter results at Fortuna Mining driven by high gold prices. That matters for sellers because mining-company results and spot prices are telling the same story: gold prices are still historically strong, even when the daily chart gets messy.
Current price snapshot for NJ sellers
| Metal or item | May 15 spot math | What it means before buyer margin |
|---|---|---|
| Gold | $4,543.74/oz, about $146.09/gram | Pure 24K gold remains very high |
| 14K gold jewelry | 58.3% gold purity | Raw gold content is about $85.17/gram |
| 10K gold jewelry | 41.7% gold purity | Raw gold content is about $60.92/gram |
| Silver | $77.44/oz, about $2.49/gram | Sterling and coin lots are still worth checking |
| Sterling silver | 92.5% silver purity | Raw silver content is about $2.30/gram |
| 90% silver coins | About 0.715 troy oz per $1 face value | Raw silver content is about $55.37 per $1 face value |
These are metal-content numbers, not final offers. A real quote depends on testing, weight, purity, condition, resale value, and the buyer's spread.
Why scrap silver is worth a closer look right now
Miner data flagged "where to sell scrap silver" as a converting search term this week, with 3 conversions from the CoinShop lane. That is not random. People are looking at old silver, not just gold chains.
Scrap silver can include broken sterling pieces, mismatched flatware, damaged serving trays, old silver rounds, and 90% U.S. silver coins. Condition matters for collectible value, but melt value still starts with weight and purity.
If silver keeps jumping around, heavy pieces can move in value faster than people expect. A small charm may not change your week. A bag of sterling or a coin lot can be different.
What this means if you are selling gold
Gold is lower than it was earlier this week, but 4,543 dollars per ounce is still a serious number. For perspective, 10 grams of 14K gold has about 852 dollars in raw gold content before buyer margin.
Broken gold still counts. A bent ring, tangled chain, single earring, or bracelet with missing stones can still carry strong melt value because the gold content is the main factor.
If you want to run the math first, start with our 1 oz gold value guide or the scrap gold value guide. If you are ready for an in-person quote, use the sell gold page or check the nearest New Jersey location.
Frequently asked questions
Is now a good time to sell silver in NJ? Yes, silver is still strong at about 77.44 dollars per troy ounce, even after this week's pullback. Sterling, silver coins, rounds, bars, and scrap silver are worth checking before you assume they are not enough to matter.
Did gold prices crash today? No, gold pulled back, but it is still near 4,544 dollars per troy ounce. A one-day drop does not erase the larger high-price environment sellers have seen this month.
How much is 14K gold worth today before buyer margin? At a gold spot price of 4,543.74 dollars per ounce, 14K gold has about 85.17 dollars per gram in raw gold content. A buyer's offer will be below raw spot value because the buyer has refining, resale, and operating costs.
Where can I sell scrap silver in New Jersey? You can bring scrap silver to Cash 4 Gold Trading Post for a free in-person quote. We check weight and purity, explain the math, and give you the number before you decide.
Updated May 15, 2026 with live metals.dev spot prices, Miner scrap-silver query data, and the Friday market scrape.
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