The real user question is not only scrap price
A gold value search often starts with uncertainty: is this ring only worth its gold content, or could it be worth more as jewelry? That is why this page should not read like a scrap-only page.
The first answer is melt value because it is objective and quick. The second answer is the selling route. Plain broken jewelry may belong in a scrap sale, while signed jewelry, antique pieces, coins, watches, and stone-set items may need resale or appraisal checks before any cash offer is accepted.