We’ve explained this in more detail below, with information on how you can roughly determine the total amount of pure gold in various common gold items. If you want to sell these types of gold (for example, a gold wedding band), the price you’ll get in exchange will be based on the pure gold content that can be extracted from the item after it’s melted and refined. Luckily, this doesn’t mean that you can’t sell 10k, 14k, 18k or 22k gold. We’ve explained how 24k gold differs from the gold commonly used in jewelry in our detailed guide to gold types. Instead, less pure forms of gold, such as 10k, 14k and 18k gold, are commonly used for rings, earrings, bracelets, watches and other gold jewelry. Because it’s soft and bright in color, 24k gold isn’t used for jewelry. It’s the type of gold that’s used for investment grade coins and gold bars (known as bullion). Pure 24k gold has an intense orange color and is quite soft and malleable. The calculator will provide an estimate for the item’s value should you decide to send it in for appraisal. To use it, type in an item’s weight, then select its karatage.

Unless otherwise noted, the price of gold refers to 24k gold, or “pure” gold, which consists of 99.99% pure gold. If you know what karat gold you have, you can use the gold price calculator below this paragraph. As with other commodities, the price of gold changes often, making it important to check the latest rates if you’d like to buy or sell gold. Gold is priced according to its weight, with prices normally provided for one gram, one ounce and one kilogram of pure gold.įor example, the current price of gold (as of September 9, 2020) is $61.87 per gram, $1,924.27 per ounce and $61,837.62 per kilogram. We recommend asking Abe Mor for a quote as they have consistently offered the highest percentage to our readers. When selling gold you receive a percentage of the price.

This is the current wholesale price of gold. We get commissions for purchases made from our affiliates through links in this article.

Purity ring come a little closer