Your question is a little confusing, but let me see if I can help. I'm sure what you're referring to is the scrap value and it is different depending on the gold's purity and what the gold market is for the day. Just like the Stock Market, gold value changes daily. Today gold is at $947/troy oz for pure gold. Lets say you have a 14k gold chain that is 25 grams. Well, consider there are are 31.1 grams in a troy oz and 14k gold is 58% of real gold and the rest is a mixture of other metals so it can retain its durability. Since your gold is 25 grams, you take the gold for the day, which is $947 and do as follows:
($947) X (.58) = $549 for a troy oz (31.1 grams) of 14k gold
Since you only have 25 grams, then . . .
Let $549/31.1= $17.60 per gram
Then
$17.60 X 25 grams = $441.30
Keep in mind that very few buyers will pay you actual cost. Your best bet is to find a metal refinery in your area to avoid the overwhelming scams sweeping the gold buyer market.
wheeeew . . . does that help?
Gold is selling for $883.30 so it depends on the purity of the jewelry as to how much you will get for a particular piece.
If you see 985 Italy on gold jewelry it means the gold is from Italy. The 985 refers to the carat weight in the gold.
Sorry NO 1924 gold US dollar coins.
The Actual Gold Weight (AGW) of this coin is .04837oz of pure gold.
The weight is 1.672 grams, AGW is .04837oz of pure gold
total gramm weight of the gold
The Real sincerely Recommendation for jewelry is to buy Pure Solid White Gold Formula; to create Real white Gold Jewelry's for the Real market consumer's; for the best economic future to the new Generation to come ! Because that jewelry it is Life time Guaranties; Dollar per Dollar !
In the context of precious metals like gold, a pennyweight is a unit of measurement used to weigh the metal. One pennyweight is equivalent to 1/20th of a troy ounce. It is commonly used in jewelry making and in the buying and selling of gold.
When speaking of gold, the term 'karat' refers to the purity of the metal. The term 'carat' which refers to weight, is only used to measure the weight of gemstones.
Now is the best time to sell gold jewelry because the stock market troubles have driven the price of gold to record highs. Selling your gold now will get you the best price.
14k-18K refers to the purity of gold in the jewelry piece. 14k gold is 58.3% pure gold, while 18K gold is 75% pure gold. The "KG" likely refers to the weight of the gold in the jewelry, measured in kilograms.
Are you sure you don't mean weight; wt is an abbreviation weight. When associated with jewelry wt is normally the weight of gold.