14k Gold Scrap Price Per Gram: Your Indiana Guide for 2026

14k gold scrap price per gram is a crucial metric for anyone looking to sell or understand the value of their gold jewelry, coins, or other items. In Indiana, as across the United States, understanding this price is key to getting a fair deal. As of 2026, the market fluctuates, making up-to-date information essential. Whether you’re in Indianapolis, Fort Wayne, or Evansville, knowing how to determine your gold’s worth can save you money and prevent you from being undervalued. This guide provides a comprehensive look at the 14k gold scrap price per gram, specifically tailored for residents of Indiana, helping you navigate the market with confidence. We?ll break down the factors influencing prices and where you can find the most accurate, up-to-date information for the United States market.

Understanding the value of your gold is more than just a number; it?s about empowering yourself in transactions. The purity of 14k gold, its weight, and the current market conditions all play a significant role. For those in Indiana, this guide will offer clarity on these elements, ensuring you are well-informed when engaging with gold buyers. We aim to demystify the process, making it accessible whether you are a first-time seller or a seasoned investor. Let’s dive into the specifics of 14k gold scrap value and what it means for you right here in the Hoosier State.

What is 14k Gold? Understanding Purity and Karats

Gold purity is measured in karats, a system that denotes the proportion of pure gold in an alloy. Pure gold is 24 karats (24k), meaning it is 24 parts gold and 0 parts other metal. This is extremely soft and malleable, making it unsuitable for most jewelry. To enhance durability, luster, and affordability, gold is alloyed with other metals like copper, silver, nickel, and zinc. 14k gold, therefore, is an alloy that is 14 parts pure gold and 10 parts other metals. This translates to approximately 58.3% pure gold (14/24 x 100%). This composition strikes a balance between the richness of gold and the practicality of a more robust metal, making 14k gold a popular choice for jewelry, especially in the United States.

The 14k stamp, often found on the inside of rings or on clasps of necklaces and bracelets, signifies this specific purity level. While 14k gold offers good durability and a pleasant color, its value is inherently tied to the fluctuating price of pure gold. The scrap price reflects the intrinsic value of the gold content, minus any refining costs or dealer markups. For consumers in Indiana, understanding this ratio is fundamental to calculating the potential value of their scrap gold. It’s important to distinguish between the retail price of new jewelry, which includes craftsmanship and branding, and the scrap price, which is based solely on the gold’s melt value.

Factors Influencing 14k Gold Value

Several factors influence the 14k gold scrap price per gram. The most significant is the global market price of pure gold (24k). This price fluctuates daily based on economic conditions, inflation, geopolitical events, and investor demand. Major commodity exchanges like the COMEX in New York set benchmark prices. Another crucial factor is the weight of the gold item. Naturally, more grams mean a higher total value. The percentage of pure gold in the alloy is also critical; 14k gold has a fixed percentage (58.3%), differentiating it from 10k, 18k, or 24k gold, each with its own pricing structure.

Beyond these fundamental elements, the condition of the gold and the presence of any gemstones can affect the scrap price. While gemstones usually don’t add value to scrap gold (as they are often removed before melting), heavily damaged pieces might incur higher refining costs. Finally, the buyer’s markup and their business model play a substantial role. Reputable refiners and gold buyers in Indiana will offer prices closer to the spot price, while pawn shops or less specialized dealers might offer significantly less. When selling, always inquire about their pricing structure and any associated fees.

How to Calculate 14k Gold Scrap Price Per Gram in Indiana

Calculating the 14k gold scrap price per gram in Indiana involves a few straightforward steps. First, you need to know the current spot price of pure gold. This is readily available online from financial news sites, commodity trackers, or specialized precious metal websites. Look for the price of gold per troy ounce (ozt). It’s important to use an up-to-date price, as it can change throughout the day.

Step 1: Find the Current Gold Spot Price

Search for “gold spot price today” to get the latest market rate. For example, if the spot price is $2,300 per troy ounce, this is your baseline. Keep in mind that this price is for 24k gold.

Step 2: Convert to Grams

Gold is typically quoted in troy ounces. To calculate the price per gram, you need to convert. There are approximately 31.1035 grams in one troy ounce. So, divide the spot price per troy ounce by 31.1035. Using our example of $2,300/ozt: $2,300 / 31.1035 grams ? $73.95 per gram of pure (24k) gold.

Step 3: Account for 14k Purity

Since 14k gold is only 58.3% pure gold, you need to multiply the price per gram of pure gold by this percentage. Using our example: $73.95/gram * 0.583 (58.3%) ? $43.12 per gram of 14k gold.

Step 4: Determine the Scrap Buyer’s Offer

This calculated $43.12 is the intrinsic melt value of one gram of 14k gold. However, scrap gold buyers, including those in Indiana, need to make a profit. They will offer you a percentage of this melt value, typically ranging from 60% to 85%, depending on the buyer, volume, and current market conditions. A reputable buyer might offer 70-80% of the melt value. So, you might receive an offer of around $30.18 to $34.50 per gram of 14k gold ($43.12 * 0.70 to $43.12 * 0.80).

It is always advisable to get quotes from multiple buyers in Indiana, such as in cities like South Bend or Gary, to compare offers. Always ask for a breakdown of how they arrived at their offer. This calculation provides a solid foundation for understanding the 14k gold scrap price per gram and ensuring you receive a fair offer for your gold.

Where to Sell 14k Gold Scrap in Indiana

Finding a trustworthy place to sell your 14k gold scrap in Indiana is paramount to getting a fair price. The United States has a wide network of gold buyers, but quality and honesty can vary significantly. For residents of Indiana, several avenues exist, each with its own pros and cons. Understanding these options will help you make an informed decision and maximize the value of your scrap gold. Remember to always do your due diligence and choose buyers with transparent practices and positive reputations.

Reputable Gold Buyers and Refiners

Many specialized gold buyers and precious metal refiners operate in and around Indiana’s major cities. These businesses typically have trained professionals who can accurately assay your gold and provide an offer based on its melt value. They often pay higher percentages of the melt value compared to general pawn shops or jewelers who may not have the same expertise or volume. Look for buyers who are members of industry associations or have strong online reviews. Some national companies also have mail-in services, but for Indiana residents, local options often provide the best balance of convenience and competitive pricing.

Jewelry Stores and Pawn Shops

Some local jewelry stores in Indiana may purchase gold scrap, especially if they also deal in new gold jewelry or have an in-house repair service. Pawn shops are another option, but they typically offer the lowest prices as they are primarily interested in quick profit through resale or collateral loans. While convenient, you are less likely to receive a price that reflects the true melt value of your 14k gold. If considering these options, be sure to compare their offers with more specialized buyers.

Online Gold Buyers

Several online platforms allow you to mail in your gold scrap for assay and sale. Companies like APMEX, JM Bullion, or specialized gold refiners process large volumes of gold and can often offer competitive prices due to their scale. However, this involves shipping your valuable items, which can be a concern for some. For those in Indiana, using a trusted mail-in service can be a viable option if local buyers aren’t meeting expectations, but always research their reputation and payment terms thoroughly. Ensure they provide insurance for shipping and clear pricing structures.

Maiyam Group: A Global Partner for Precious Metals

While we are a premier dealer in strategic minerals and commodities, Maiyam Group understands the global value of precious metals like gold. Though our primary operations focus on large-scale mining and mineral trading, we recognize the importance of accurate valuation and ethical sourcing. For industrial manufacturers and global markets across five continents seeking a reliable partner for various mineral commodities, our expertise ensures quality assurance and streamlined logistics. While we don’t directly purchase small amounts of scrap gold from individuals, our commitment to the precious metals market underscores the value we place on gold’s intrinsic worth. For those in the United States, including Indiana, seeking to understand the broader precious metals market or engage in larger-scale transactions, our global reach and industry knowledge provide a unique advantage. We prioritize sustainable practices and community empowerment, reflecting our dedication to responsible resource management.

Factors Affecting Gold Prices in the United States

The 14k gold scrap price per gram is inextricably linked to the broader gold market within the United States and globally. Several key factors influence the price of gold, and understanding these can help Indiana residents anticipate market movements. The price of gold is dynamic, influenced by a complex interplay of economic, political, and social forces. These influences can lead to significant daily and long-term price fluctuations, impacting the value of your scrap gold.

Economic Indicators

Inflation is a primary driver for gold prices. During periods of high inflation, the purchasing power of fiat currencies like the US Dollar erodes. Gold, often seen as a hedge against inflation, tends to increase in value as investors seek to preserve their wealth. Similarly, economic uncertainty or recession fears can drive investors towards gold as a safe-haven asset. Conversely, when the US economy is strong and the dollar is stable, gold prices may soften.

Geopolitical Stability and Unrest

Global political instability, conflicts, or major world events can cause significant spikes in gold prices. Investors often flock to gold during times of uncertainty, viewing it as a reliable store of value when other assets are perceived as risky. Events such as elections in major economies, international disputes, or natural disasters can all contribute to gold price volatility. The United States, as a major global player, is particularly sensitive to these events.

Monetary Policy and Interest Rates

The Federal Reserve’s monetary policy has a profound impact on gold prices. When interest rates are low, the opportunity cost of holding gold (which doesn’t yield interest) decreases, making it more attractive. Conversely, rising interest rates can make interest-bearing assets like bonds more appealing, potentially leading investors to sell gold. The strength of the US Dollar also plays a role; a weaker dollar generally leads to higher gold prices, as gold becomes cheaper for buyers using other currencies, thus increasing demand.

Supply and Demand Dynamics

While jewelry demand and industrial applications for gold exist, a significant portion of gold’s price is influenced by investment demand and central bank purchases. Central banks around the world, including those in the United States, hold gold as part of their foreign exchange reserves. Changes in their buying or selling patterns can impact global gold prices. Mine production levels also contribute to the supply side, though this is generally a slower-moving factor compared to investment and central bank activity.

For individuals in Indiana looking to sell gold scrap, staying informed about these factors can provide context for the current prices they are offered. While the spot price is the ultimate benchmark, understanding the forces that move it can lead to better timing and negotiation strategies when selling your gold.

Maximizing Your Return: Tips for Selling 14k Gold Scrap

Selling 14k gold scrap effectively requires preparation and knowledge. To ensure you get the best possible 14k gold scrap price per gram, especially in Indiana, follow these tips. Acting strategically can significantly increase the amount you receive, ensuring your gold is valued at its true worth. This is especially important given the market fluctuations and the diversity of buyers operating across the United States.

Clean and Sort Your Gold

Before heading to a buyer, take a moment to clean your gold items. Remove any obvious dirt or debris. If you have different karats of gold (e.g., 10k, 14k, 18k), separate them. While you might not be able to identify the exact karat of every piece, grouping similar items can help the buyer assess them more quickly and potentially offer a better price for higher-purity items.

Weigh Your Gold Accurately

If you have a reliable digital scale that measures in grams or pennyweights, weigh your gold beforehand. This gives you a benchmark against which to compare the buyer’s weight. Ensure the scale is accurate and calibrated. This step is particularly useful if you are comparing offers from different buyers in cities like Indianapolis or Fort Wayne.

Get Multiple Quotes

Never accept the first offer you receive. Contact at least three different reputable gold buyers in your area or online. Compare their offers based on the price per gram they offer for your specific karat of gold. Ask them what percentage of the spot price they are paying. A significant difference in offers is a red flag and warrants further investigation.

Understand the Buyer’s Terms

Ask potential buyers about their assay process and how they determine the purity and weight of your gold. Inquire about any fees for testing, refining, or shipping. A transparent buyer will clearly explain their pricing structure and any deductions. Reputable dealers often operate on a tiered commission system, meaning they might offer a higher percentage of the melt value for larger quantities of gold.

Consider the Timing

While it’s not always feasible to time the market perfectly, if you are not in urgent need of cash, you can monitor gold prices. Selling when the spot price is higher can yield better returns. Resources like Kitco or financial news channels provide real-time gold price tracking. For Indiana residents, this can be done from home before visiting a local buyer.

By following these guidelines, you can approach the selling process with confidence and ensure you receive a fair 14k gold scrap price per gram. Prioritize transparency and reputable dealers to get the best outcome for your gold.

The Role of Refiners and Assayers in Gold Valuation

When you sell gold scrap, particularly in larger quantities or to a professional buyer, it often passes through refiners and assayers. These professionals play a critical role in accurately determining the gold’s purity and value. For those in Indiana looking to sell significant amounts of gold, understanding their process is beneficial. Refiners melt down the gold scrap and remove impurities, extracting the pure gold content. Assayers then test this refined gold to verify its purity, typically against the 24k standard. This ensures that buyers and sellers are working with precise measurements of actual gold content.

Assaying Techniques

Several methods are used for assaying gold, ranging from traditional fire assay to modern X-ray fluorescence (XRF) analysis. Fire assay is considered the most accurate method, involving melting the gold with specific chemicals to separate it from other metals. XRF analyzers, often used by jewelry buyers, provide a quick, non-destructive estimate of gold purity. Reputable dealers in the United States will employ reliable methods to ensure accuracy. Understanding these techniques can help you trust the purity reports provided by buyers.

Refining Processes

The refining process is essential for isolating pure gold from alloys and any contaminants. For 14k gold, this involves separating the 58.3% gold from the remaining 41.7% of other metals. This process is typically carried out at specialized refineries capable of handling precious metals safely and efficiently. The output of the refining process is pure gold, which can then be sold on the global market or used in further manufacturing. This is why buyers of scrap gold are interested in the material’s intrinsic gold content.

Why Choose a Certified Assayer/Refiner?

Working with certified assayers and refiners ensures impartiality and accuracy in gold valuation. Certifications from recognized bodies indicate adherence to strict quality standards. For larger transactions, such as those potentially involving entities like Maiyam Group on a global scale for industrial minerals, the importance of certified assays cannot be overstated. While individual scrap sellers may not directly interact with refiners, choosing buyers who utilize certified services guarantees they are basing their offers on accurate, verifiable data. This builds trust and ensures a fair transaction for everyone involved in the precious metals supply chain.

2026 Outlook for 14k Gold Scrap Prices in Indiana

Predicting exact gold prices is challenging, but we can look at trends and expert analyses for the 2026 outlook on 14k gold scrap prices per gram. As of early 2026, the market for precious metals remains robust, influenced by ongoing global economic conditions and monetary policies. For residents in Indiana and across the United States, understanding these projections can help inform decisions about when to sell gold scrap for the best possible return. The market is generally expected to remain strong, though volatility is a constant factor.

Factors Influencing Future Prices

Key factors shaping the 2026 gold market include central bank policies, inflation rates, and geopolitical stability. If inflation remains a concern globally, gold is likely to continue its role as an inflation hedge. Continued economic uncertainty or potential recessions in major economies could further bolster demand for gold as a safe-haven asset. The strength of the US Dollar also remains a critical variable; a weakening dollar typically supports higher gold prices, making gold more attractive to international buyers. For Indiana businesses and individuals, these global trends directly translate into the scrap value of their gold.

Comparison with Other Gold Karats

While the price of 14k gold is always a fraction of pure gold’s value, its price per gram often remains competitive due to its widespread use in jewelry and its balanced properties. Compared to 10k gold, 14k generally commands a higher price per gram due to its higher gold content (58.3% vs. 41.7%). Conversely, 18k gold, with 75% pure gold, will always be priced higher per gram. Understanding these relative values is crucial when selling mixed lots of gold. The demand for 14k gold remains consistently strong in the United States market, supporting its scrap value.

Advice for Indiana Sellers in 2026

For Indiana residents looking to sell 14k gold scrap in 2026, the advice remains consistent: stay informed, compare offers, and choose reputable buyers. Monitor the gold spot price regularly. When you decide to sell, get quotes from multiple sources, including local Indiana buyers and trusted online services. Ask them what percentage of the current spot price they are offering. Reputable buyers will be transparent about their calculations. Considering the current market outlook, now might be a favorable time to assess your gold holdings and explore selling opportunities to maximize your returns. Always prioritize trustworthiness and transparency in your transactions, whether in Indianapolis, South Bend, or online.

Frequently Asked Questions About 14k Gold Scrap Price Per Gram

Conclusion: Navigating the 14k Gold Scrap Market in Indiana

Understanding the 14k gold scrap price per gram is essential for anyone in Indiana looking to monetize their gold items. As we’ve explored throughout this guide for 2026, this price is influenced by the global spot price of gold, the item’s weight, and the buyer’s margin. By knowing the current market rates and understanding the calculation process ? converting troy ounces to grams and applying the 14k purity percentage ? you can approach buyers with informed expectations. Always remember that the scrap price reflects the gold’s melt value, not its retail value as jewelry. The United States market offers various avenues for selling, from local jewelers and pawn shops to specialized refiners and online buyers.

For the best results in Indiana, we strongly advise getting multiple quotes from reputable sources. Compare offers meticulously, paying attention to the percentage of the melt value they are willing to pay and any associated fees. Websites like Kitco can provide real-time spot prices, giving you a critical benchmark. Transparency from the buyer is key; a trustworthy dealer will clearly explain their assay and pricing methods. By arming yourself with this knowledge, you can confidently navigate the 14k gold scrap market and ensure you receive a fair and accurate valuation for your precious metal holdings, whether you’re in Fort Wayne, Gary, or anywhere else in the Hoosier State.

Key Takeaways:

• 14k gold is 58.3% pure gold.
• Scrap price depends on daily gold spot price and weight.
• Calculate melt value by dividing spot price per ounce by 31.1035 and multiplying by 0.583.
• Buyers offer a percentage (60-85%) of the melt value.
• Always compare multiple offers from reputable sources.
• Understand buyer terms and assay processes.