Pennyweight.

18K gold melt value calculator

Short answer

18K gold is 75 % pure gold (18 karat): 0.75 g of fine gold in every gram. Melt value is the weight of metal × 0.75 × the spot price per gram.

18K gold melt value calculator

1 dwt = 1.55517384 g. 1 oz t = 31.1034768 g.

Same unit as above. Leave empty if unknown: the result will say it counts everything as metal.

More options

Needed when a number is used for several metals, such as 900 or 950.

Overrides the stamp. Choose the metal too.

Adds a low–high range to the result.

Enter a weight and a stamp to see the sum.

Today's spot price: LBMA precious metal prices, Kitco live gold or your own dealer's quote. This page never contacts a price service.

Worked examples, with an example price

These figures use the example price of $4,046.30 per troy ounce, a snapshot of 2026-11-10 (source: api.gold-api.com). It is not a live price. Each row was computed by the same engine as the calculator.

WeightFine goldMelt value (example)
1 g0.75 g$97.57
2 g1.5 g$195.14
5 g3.75 g$487.84
10 g7.5 g$975.69
20 g15 g$1,951.37
1 troy ounce (31.1035 g)23.3276 g$3,034.73

Reading the stamp

See what 18K means on jewelry. A stamp is a statement, not proof: confirm with an assay if the money matters.

Other melt-value pages

8K gold · 9K gold · 10K gold · 14K gold · 22K gold · 24K gold · sterling silver 925 · 800 silver · fine silver 999 · platinum 950 · palladium 950

Frequently asked

How much fine gold is in 18K gold?

0.75 g of fine gold per gram of metal (75 %).

How do I calculate the melt value of 18K gold?

Weight of metal × 0.75 × spot price per gram. The spot price per gram is the price per troy ounce divided by 31.1034768. It is melt value, not an appraisal.

How many grams is a pennyweight?

1 dwt = 1.55517384 g exactly (1/20 of a troy ounce).

Sources

All sources are listed with the method on the sources page.