Updated in Real Time

Live Gold, Silver & Platinum Prices

Spot prices update continuously during market hours. Use these to understand what your gold is worth — then get a real offer from us.

Gold (XAU)

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per troy ounce

Silver (XAG)

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per troy ounce

Platinum (XPT)

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per troy ounce

Gold Karat Purity Chart

Not all gold is created equal. The karat mark tells you exactly what percentage of your piece is pure gold. The rest is alloy metals — copper, silver, zinc — added for durability.

Karat Purity Gold Content Melt Value / oz*
24K 99.9% Pure gold —
22K 91.7% Eagles, Krugerrands —
18K 75.0% Fine jewelry, European —
14K 58.5% Most US jewelry —
10K 41.7% Common US rings, chains —

* Melt value per troy ounce at live spot. What you're paid is a percentage of melt value — we'll show you the exact calculation.

How Spot Price Affects What You're Paid

Spot price is the starting point, not the final number.

Spot price (what you see on this page) is the global commodity price for one troy ounce of pure gold. Since most jewelry isn't 100% pure, the first step is calculating the actual gold content by weight and karat. A 14K ring weighing 5 grams contains about 2.93 grams of pure gold.

We pay a percentage of melt value.

No buyer pays 100% of spot — there's overhead in smelting, assaying, and selling refined gold. We pay a competitive percentage that reflects our volume and efficiency. We show you the math before you decide: current spot × purity × weight × our rate = your offer. No guesswork.

Coins and bullion often carry a premium over spot.

Recognized coins (American Eagles, Maple Leafs, Krugerrands) and name-brand bars have collector or numismatic value on top of their gold content. We assess these separately and typically pay more than melt for desirable pieces.

Ready to See What Your Gold Is Worth?

Spot price is public knowledge. What sets us apart is what we do with it — a transparent offer, calculated in front of you, with cash on the spot.

Get a Free Quote

Or call (865) 486-2284

East Tennessee Gold Buyers is a subsidiary of MGS Express LLC.