10k gold is 10/24 (41.6%) pure gold.
If you take the current price of gold ($1398/oz at the time of this writing), multiply by 10 and divide by 24, you will get the value of 1oz of 10k gold ($582.50).
The same formula is used for 12k (12/24), 14k (14/24), 18k (18/24).
You can be sure that gold dealers will offer you significantly less than the spot price, since they have to allow for the cost of refining and their own profit margin.
Depends on the current price of gold, how much gold is in the jewelry after removal of the stones, and what karat the gold is.
The worth of gold is only determined by the karats and the ounce, so to determine the worth of gold you would not only have to know the amount of gold but also the karat
How much is 1 oz of 14 karat gold worth
If your gold is 24 karat -- i.e., pure gold, three grams weighs 0.105821 ounces and today's spot gold price per ounce is US$1,520, you can do the math and figure out how much your gold is worth. If, however, your gold is a different karat purity, such as 9, 10, 14, or 18, 22 karat, you'll need to factor in how much gold you really have and price it accordingly.
What purity of gold is it? (ex: 14 karat? 18 karat?)
$14000
How much is 1.8 g 14 karat gold worth
"According to an online gold-per-ounce-value calculator, 12 ounces of 14 karat gold is worth $1,828.74 per troy ounce or $12,801.18 total. Take in mind that this is retail value, and you would probably have to sell it for less."
I have 14 carot gold jewelry that weighs in at 9.6 pennyweight. How many ounces of gold is that? How much is the current market value for gold is that amount worth?
14000
20,000
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