Mechanical Engineering

The Scrap Gold Melt Value Calculator, available below, can figure the total gold value of scrap gold items, measured by the weight unit of your choice. The gold value is calculated based on the total amount of actual gold content, not including any other metals used if the gold is an alloy. The scrap gold calculator will only show what the gold is worth (intrinsic value), and not any collectible value of your gold items. Use the scrap gold melt value calculator to discover how much your items are worth in gold content, or in figuring out what you might be willing to pay based on the spot price of gold. Gold is a chemical element with symbol Au (from Latin: aurum) and atomic number 79. In its purest form, it is a bright, slightly reddish yellow, dense, soft, malleable, and ductile metal. Chemically, gold is a transition metal and a group 11 element. It is one of the least reactive chemical elements and is solid under standard conditions. Gold often occurs in free elemental (native) form, as nuggets or grains, in rocks, in veins, and in alluvial deposits. It occurs in a solid solution series with the native element silver (as electrum) and also naturally alloyed with copper and palladium. Less commonly, it occurs in minerals as gold compounds, often with tellurium (gold tellurides). Gold is thought to have been produced in supernova nucleosynthesis, from the collision of neutron stars,[6] and to have been present in the dust from which the Solar System formed. Because the Earth was molten when it was formed, almost all of the gold present in the early Earth probably sank into the planetary core. Therefore, most of the gold that is in the Earth's crust and mantle is thought to have been delivered to Earth later, by asteroid impacts during the Late Heavy Bombardment, about 4 billion years ago.[7][8]