Estimate Dealer Buyback
Use the actual buyback terms you were quoted.
Actual dealers may apply testing, stone, solder, minimum-weight or other deductions not represented here.
How Gold Buyback Value Works
A buyback calculator is different from a melt-value calculator because it starts from the actual payout terms offered by a buyer or dealer.
Metal Value = Fine Gold × Market Price
You can then enter the buyer's quoted price per gram of fine gold, or a buyback percentage of the theoretical metal value.
Buyback Price vs Market Gold Price
A dealer may quote a buyback price that is lower than the current market reference price. This can reflect margin, operating costs, testing, refining, risk and the dealer's business model.
Example
For 20 grams of 18K jewellery, the fine-gold content is 15 grams. If a dealer quotes a buyback price of 92 per gram of fine gold:
The estimated buyback payout is 1,380 in the same currency as the entered dealer rate.
Buyback Value vs Other Gold Values
| Calculator | Main Basis |
|---|---|
| Jewellery Value | Gold + retail jewellery costs |
| Melt Value | Theoretical fine-gold value |
| Scrap Value | Recovery + scrap buyer adjustment |
| Buyback Value | Specific dealer's payout terms |
| Old Gold Value | Used-gold transaction estimate |
Important Limitations
This calculator does not guarantee a dealer offer. Actual buyback transactions can include stone deductions, testing rules, minimum weights, taxes or other terms.
Frequently Asked Questions
What is a gold jewellery buyback value?
It is an estimated amount a dealer may pay under a stated buyback formula.
How is buyback value different from melt value?
Melt value is theoretical metal value; buyback value uses the dealer's actual payout terms.
Can I use a dealer's buyback price per gram?
Yes. The direct-rate mode is designed for that.
Does a dealer buy back making charges?
Do not assume so. Enter the actual dealer terms if any component is reimbursed.
Does this calculator guarantee a dealer offer?
No. It estimates the result from your inputs.