Unfortunately, it is quite difficult to estimate the accurate price for each ounce of Scrap gold. First of all, one has to bear in mind there are different types of gold, the so called karat differentiation. But no matter what karat gold you possess, you may try to sell it and exchange cash for gold. If you want to be very precise, you better buy a precise weight to weigh your item and to know exactly what you stand on and in order not to get deceived in the market, at the jeweler"s or in other places where the exchange is made possible for the customer. So after having your Scrap gold weight, you can visit one of the places that deal with such processes of trade and make a quick deal. As long as you are sure of the sort of gold you possess, your Scrap gold may be worth from $500 to even $1000 and a lot more per ounce. Usually it is in the trader"s interest to gain profit out of you, so ensure you know what you find yourself in possession of and ensure you really want to get rid of the item and receive cash for gold immediately at your own request.