How much money should the seller get when selling scrap gold?

The amount a seller should expect to receive when selling scrap gold depends on the current market price of gold, the purity of the gold (measured in karats), and the weight of the gold being sold. Sellers typically receive a percentage of the market value, which can range from 70% to 90%, after accounting for refining costs and dealer margins. It's advisable to check multiple buyers or dealers to ensure a fair price and to stay updated on gold market trends.