Gold Scrap Settlement Calculator

Turn an assay and refinery terms into a transparent settlement estimate. This tool separates theoretical metal value from payable value and actual cash deductions.

—
Fine Gold in Scrap—
Gross Metal Value—
Payable Fine Gold—
Payable Value—
Total Deductions—
Effective Payout %—

Settlement Method

Fine Gold = Weight × Assay
Gross Metal Value = Fine Gold × Gold Price
Payable Gold = Fine Gold × Payable %
Net Settlement = Payable Value − Fees

Why Settlement Terms Matter

A scrap lot does not turn into its theoretical metal value automatically. Payable percentages, assay charges, treatment fees and other deductions can materially change the amount actually received.

Compare Refinery Offers Correctly

Compare the entire settlement structure rather than one headline percentage. Two refiners can offer the same gold price while producing different net payouts because their deductions and payable terms differ.

This is a modeling tool, not a refinery quote or settlement contract.

Frequently Asked Questions

What is scrap settlement value?

It is the modeled amount payable after applying the settlement terms to contained gold.

Does payable percentage equal final payout percentage?

No. Fees can make the effective payout lower.

Can I compare refiners?

Yes, using the same gold price and valuation basis.

Related Gold Tools