18 karat, 14 karat, and 10 karat are common for gold jewelry. If your scrap gold is not stamped with a karat number, you may want a gold testing kit to confirm .
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This article will show you how to price your gold jewelry at home in three easy steps to find out how much it is worth.
Grams. To get the gram price, divide $400 by 31. (1 troy ounce equals approximately 31 gm). Thus, $400/31 approximately $13 per gm. To get the pure gold price for the item, multiply 3 gm times $13. Thus, 3 x $13 $39. To get the 14K gold price for the item multiply $39 by 0.6. Thus, $39 x 0.6 $23.40.
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The value of a gold necklace depends on a variety of factors. A new necklace will sell for a price that reflects its design, brand, structure, materials, among other .
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The Live Price chart gives you a breakdown per gram, DWT (pennyweight). If you're selling Gold Jewelry, a reasonable settlement would be 70% to 80% of the .