How much is a gold krugerrand ring worth?

Answer 1

To figure out the value of a gold ring, you simply perform a mathematical equation based on the following:

• How many karats gold is in the ring? The highest is 24 karat.
• What does the ring weigh?
• What is the current price of gold per ounce?

Take the karat amount stamped on the ring and divide it by 24. In other words, a 14 karat gold ring would be 14/24. Multiply that by the weight of the ring in ounces. Take the final product and multiply that by the current price of gold. That will give you the value.

Precious metals like gold are measured in troy ounces. It's a bit different than regular ounces. 1 troy oz = 1.097 oz. or 1 oz = .911 troy oz.

If you weigh your gold in ounces multiply that number by .911 to get the troy oz. Then multiply that number by the Karat/24 number. Then multiply that by the current rate of gold per oz.

Answer 2

You need to weigh the ring in grams 10kt gold is 10/24 th pure gold or 41.5% there are about 31 grams in a troy oz. So multiply your grams of 10 kt gold by 0.415 divide that by 31 and then multiply by the current price of an ounce of pure gold about $955

Answer 3

It only has 37.5% Gold in it as oppposed to 24k which is pure gold. So on this scale I would think the equivalent of what you might pay for a good SS ring. Since there are no other info to give a true basis I would not pay that much for it. It still depends on the gold content and weight etc. To me 9% is almost no gold content at all or maybe the same as a gold overlay.

Answer 4

At the moment about £12 a gram!

Check out the link below to get a real time quote!

Answer 5

It depends on the weight of the ring you want to make, of how many karats and the market price of 10gram gold.

Answer 6

The value of yellow gold metal ring depending of the labor, because the gold it's out of fashion in the world market today.

Answer 7

14-24K

Answer 8

How much is 10 carat gold worth