Updated in Real Time
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
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.
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.
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.
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.
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.
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East Tennessee Gold Buyers is a subsidiary of MGS Express LLC.