Scrap gold explainer
Scrap gold value explained
Scrap gold value is not the same thing as the final cash payout. The live benchmark gives you the theoretical metal value first. A buyer or refinery then applies a payout discount based on purity, refining cost, and margin. That is why scrap value pages need both benchmark context and payout realism.
Purity first
Why karat matters before you even estimate the payout
- 24k jewellery sits closest to the pure benchmark.
- 22k, 18k, and lower purities need a clear adjustment before valuation.
- Without the right purity input, a scrap estimate can be badly overstated.
Useful next steps